I asked someone in my industry yesterday why anyone in it would take on the risks of AI hallucinations and omissions, when there is a strict licensing, continuing professional development, regulatory, oversight, and Court/Tribunal environment we work in (in fact we were in 4 hour government-mandated CPD training at the time), pointed out AI companies weren’t wearing that risk, and said I couldn’t imagine insurance companies covering that risk.

“Huh…that’s a good point,” they said.

And this applies to *any* industry where there is risk, and especially where that sort of business risk (usually through professional indemnity) is meant to be insurable.

I wonder, *are* insurance companies carving out AI use risks? And if not, why not?

I obviously immediately thought to ask @davidgerard, and Fedi more generally, for examples relating to same to add to my exhortations to my colleagues in the strata management industry (at least) to just “Say no to slop.”

#NoSlop #AskFedi #BizRisk #BusinessRisk #AIResistance