Artificial intelligence (AI) is all around us and its presence will only increase in the coming years. From chatbots to autonomous cars, AI has become infused in a number of industries — often to the delight of consumers. But like with any other technological advancement, a number of negative consequences can arise without a moments notice. Allianz has released a report, "The Rise of Artificial Intelligence: Future Outlook and Emerging Risks," which examines the numerous implications that come with AI. For businesses especially, the potential threats could easily counterbalance the huge benefits of such a revolutionary technology. The insurance industry relies on artificial intelligence in a number of ways, but is it prepared for the risks that come with it? For the property & casualty insurance industry, these risks need to be evaluated with both the short-term and long-term picture in mind. While the risks of today might not be the ones of tomorrow, it helps to remember that you can't prepare for what you don't know. With this in mind, here are 4 emerging risks Allianz has identified in the world of AI. Related: The rise of the insurance chatbot
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