Benjamin Balder Bach

In today's AI adventures: Nordea sacks 1,500 employees and attributes it to AI progress 🤝

(Also Nordea: currently under criminal investigation for money laundry of ~26bn DKK=€3.5bn)

Mar 17 at 10:37amWeb
Show threadBenjamin Balder Bach5d ago

In today's AI adventures: AI is amazing at insurance fraud, fake medical journals, fake doctor's notices and fake damage photos 🤝

Report »Accidents that never happened: Generative AI and fraud in motor insurance« came with a funny quiz (you have to fill in some survey stuff at first, but images are fun after)

https://www.milliman.com/en/insight/accidents-that-never-happened-genai-motor-fraud

Accidents that never happened: Generative AI and fraud in motor insurance

As fraudsters submit AI-manipulated images of car crashes, Milliman’s research is helping global motor insurers separate the real claims from the scams.

Show threadkuggMar 17
@benjaoming haha this is the new board level excuse for terrible planning. Nordea is so successful at AI that their customers churned, and now they have to fire engineering to make shareholders rich. 💪
Show threadBenjamin Balder BachMar 17

@Kugg always great to reap before sowing 👍

(a bank that makes all its money on loans and investment schemes, they feel more at home in this concept)