IFoA’s AI Ethics Working Party
5 results found
Why actuaries are uniquely positioned to lead AI governance
As AI reshapes the insurance industry, questions of governance grow more urgent. In this thought-provoking piece, Atreyee Bhattacharyya, member of the AI Ethics Working Party, explores why actuaries are uniquely equipped to lead the charge in ethical, accountable AI oversight. This is the second in a series of blogs by the AI Ethics Working Party.
All bugs are insects, not all insects are bugs: automation and AI in insurance
This blog explores the crucial differences between automation and AI in the insurance industry, highlighting how each presents unique ethical risks and governance challenges. This is the third in a series of blogs by the AI Ethics Working Party.
Thinking fast and slow: improving how we understand and control the use of LLMs
LLMs may sound like careful thinkers. But beneath the surface, there is just statistical pattern-matching. Financial services firms must stay sceptical, enforce human oversight, and design for safety. By Brandon Horwitz (with some help from ChatGPT)*, Chair of the IFoA’s AI Ethics, Governance and Risk Management Working Party. This is the fourth in a series of blogs by the working party.
After the headlines: six practical techniques for managing LLM hallucination
From making sure you have selected web search to learning how to engineer your prompts, Nnamdi Odozi and the AI Ethics Working Party explore six ways to work around LLM weaknesses and limitations. This is the fifth in a series of blogs by the working party.