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New York's Department of Financial Services finalized guidance to address AI bias in insurance, requiring insurers to monitor their use of external data sources. The move aims to prevent algorithmic discrimination in underwriting and pricing processes. States like New York are concerned about potential unfair or unlawful discrimination due to AI and external data use.
Insurers are expected to test predictive models before implementation to ensure fairness. The use of AI and external data can streamline insurance processes but raises concerns about discrimination. New York's policy seeks to balance the benefits of technology with the need to prevent bias in insurance practices.
Biometric Companies 9month
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.
Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
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