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autogpt.net > insurers-say-ai-may-be-too-risky-to-cover

Insurers Say AI May Be “Too Risky to Cover” 

21+ hour, 57+ min ago (422+ words) Best AI Tools Black Friday Deals >> The insurance industry understands risk better than almost anyone. Yet several major insurers now say artificial intelligence may be too unpredictable to insure." AIG, Great American, and WR Berkley have asked U.S. regulators for permission to exclude AI-related liabilities from corporate policies." They argue that modern AI generates results that even experts cannot fully explain. Because of that, they see AI as a threat they cannot reliably measure. Recently, Google's AI Overview feature wrongly suggested that a solar company faced legal trouble." That mistake helped trigger a lawsuit worth more than $100 million. It showed how a single false claim can create major financial harm. Air Canada faced a similar problem; its customer service chatbot invented a discount that its customers relied on." The court ruled that the airline had to honor the discount. Even small…...

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autogpt.net > how-ai-helps-us-bettors-compare-bonuses-across-licensed-sportsbooks

How AI Helps US Bettors Compare Bonuses Across Licensed Sportsbooks

2+ hour, 56+ min ago (641+ words) Best AI Tools Black Friday Deals >> Natural language processing lets machines extract information from bonus terms. They find wagering requirements, eligible markets, minimum odds, time limits, and state requirements. This automated analysis saves time while ensuring full compliance. You don't have to peruse pages of legalese to understand what actually influences whether a bonus is cleared. The catchy percentages have no value when the rollover is high or the expiry period is narrow. Bonus size, playthrough difficulty, market breadth, true-clear probability, and time remaining are combined in AI scoring. This combination is clearly beneficial in accurately evaluating these bonuses. Clear systems also eliminate obscured or exaggerated phrases and superficial descriptions, such as "lower rollover' and "longer window'. Since you can understand why specific bonuses will be higher than others. This change is consistent with US advertising principles that discourage risk-free…...

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autogpt.net > tech-startup-saveswith-ai-contract-review-software

How One Tech Startup Saves $2000 a Month With AI Contract Review Software

2+ hour, 52+ min ago (1179+ words) Best AI Tools Black Friday Deals >> Did you know that on average, lawyers spend 90 minutes on routine contract reviews, while the average hourly rate of lawyers in the US is between $150 and $500. For small businesses that outsource just 5 contract reviews per month, this means a legal cost of $1 125 to $3 750 per month! Here's a cast study of one company founder, who used to spend thousands of dollars and hours of their time every month, until they automated business contract review with an AI powered tool, called ContractCrab. The person we interviewed opted to remain anonymous, so for sake of simplicity we'll just call them C.T. When C.T. needed to sign a contract, they'd do one of two things: Their lawyer worked at a law firm that charged from $750 to $1 500 per review based on the contract complexity, but on average, these costs amounted to…...