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Old 01-05-2017, 11:35 AM
jas66Kent jas66Kent is offline
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Default Fukoku Mutual Life Insurance Co: the beginning of the end of Actuaries?

The countdown to the day that Actuaries get replaced by machines has officially started.

They replaced 34 workers (that calculated payouts) with an IBM designed Watson Explorer AI.

https://www.google.co.uk/amp/s/amp.t...life-insurance
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Old 01-05-2017, 11:37 AM
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Originally Posted by jas66Kent View Post
The countdown to the day that Actuaries get replaced by machines has officially started.

They replaced 34 workers (that calculated payouts) with an IBM designed Watson Explorer AI.

Details to follow....
Watson can't pass the exams!
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Old 01-05-2017, 11:57 AM
Chaos Theory Chaos Theory is offline
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Skynet is upon us. We should pay close attention to anyone with last name Connor.

Seriously though, the IBM system replaces claim adjusters, not actuaries.

Last edited by Chaos Theory; 01-05-2017 at 12:08 PM..
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Old 01-05-2017, 11:58 AM
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http://www.actuarialoutpost.com/actu...d.php?t=317784
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Old 01-05-2017, 12:04 PM
jas66Kent jas66Kent is offline
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Dang. Ninja'd by MPC
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Old 01-05-2017, 12:24 PM
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Dang. Ninja'd by MPC
Yes, and BTW, that's not a real person, it's just a separate manifestation of Watson.
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Old 01-05-2017, 12:26 PM
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That would explain the hatred of puns and not good grammar.
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Old 01-05-2017, 01:02 PM
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Watson can't pass the exams!
I'd bet it could pass the pre-lims with very little training.

-Riley
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Old 01-05-2017, 01:05 PM
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I'd bet it could pass the pre-lims with very little training.

-Riley
I don't think its calculator is SOA approved.
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Old 01-05-2017, 01:19 PM
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Maybe Watson can replace Data Scientists.
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