Actuarial Outpost
 
Go Back   Actuarial Outpost > Actuarial Discussion Forum > General Actuarial
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions


Upload your resume securely at https://www.dwsimpson.com
to be contacted when our jobs meet your skills and objectives.


General Actuarial Non-Specific Actuarial Topics - Before posting a thread, please browse over our other sections to see if there is a better fit, such as Careers - Employment, Actuarial Science Universities Forum or any of our other 100+ forums.

Reply
 
Thread Tools Display Modes
  #21  
Old 01-05-2017, 09:25 PM
toesockshoe toesockshoe is offline
Member
Non-Actuary
 
Join Date: Dec 2014
Posts: 227
Default

Quote:
Originally Posted by snikelfritz View Post
three masters degrees and UK credit for half the SOA exams, and this is what you think actuaries work on all day? Calculating claims payments from receipts mailed in? My interns get better work than that.
that would be a good sig line
__________________
I want to get a PhD cause I hear you get paid to TA classes.
Reply With Quote
  #22  
Old 01-05-2017, 09:34 PM
daaaave daaaave is online now
David Revelle
 
Join Date: Feb 2006
Posts: 2,895
Default

Quote:
Originally Posted by SlowMotionWalter View Post
Itís your birthday. Someone gives you a calfskin wallet. How do you react?
I wouldn't accept it. Also, I'd report the person who gave it to me to the police.

Quote:
Originally Posted by SlowMotionWalter View Post
You've got a little boy. He shows you his butterfly collection plus the killing jar. What do you do?
I'd take him to the doctor.
__________________

Follow us on Twitter, Facebook, and LinkedIn
Reply With Quote
  #23  
Old 01-05-2017, 10:20 PM
Chuck Chuck is offline
Member
SOA AAA
 
Join Date: Oct 2001
Location: Illinois
Posts: 4,112
Default

Yes, but did they break AI Jim's 3 second world record?

https://blog.lemonade.com/2017/01/01...nt=waitlisters
Reply With Quote
  #24  
Old 01-06-2017, 09:45 AM
JasonScandopolous's Avatar
JasonScandopolous JasonScandopolous is offline
Member
CAS
 
Join Date: Jul 2010
Posts: 6,094
Default

Quote:
Originally Posted by snikelfritz View Post
three masters degrees and UK credit for half the SOA exams, and this is what you think actuaries work on all day? Calculating claims payments from receipts mailed in? My interns get better work than that.
This constitutes intern bitch work, not actuarial work. Even if actuaries are glorified business analysts -- which I'd argue we are -- that requires human level AI to replace. As AI gets better, many jobs will be lost, but actuaries (or business analyst types) will be among the last to go.
__________________
Jason Scandopolous Williams de la Hoya

Quote:
Originally Posted by jas66Kent View Post
People without an education don't see the solar system like I do.
Reply With Quote
  #25  
Old 01-06-2017, 09:52 AM
snikelfritz's Avatar
snikelfritz snikelfritz is offline
Member
 
Join Date: Jun 2011
Location: Yep
Studying for Nope
Favorite beer: Yep
Posts: 25,869
Default

I can see AI hollowing out a lot of analyst type roles, I don't see the decision making roles being replaced by AI for a while yet. Once you have ~10 years as an actuary odds are pretty good you're in a decision making role of some sort.
__________________
I bet successful people are terrified of death. So much to lose.
Reply With Quote
  #26  
Old 01-06-2017, 09:56 AM
SlowMotionWalter's Avatar
SlowMotionWalter SlowMotionWalter is online now
Member
CAS
 
Join Date: Jun 2013
Posts: 9,660
Default

Quote:
Originally Posted by daaaave View Post
I wouldn't accept it. Also, I'd report the person who gave it to me to the police.



I'd take him to the doctor.
__________________
Quote:
Originally Posted by Kangaz wit Attitude View Post
Force of habit, 2pac's been typing "88" a LOT since Trump got elected.
Spoiler:
Quote:
Originally Posted by JMO View Post
You ought to see the bush. It's impressive.
Quote:
Originally Posted by Pikachu
10:53 pm: some ppl dont take advices well
Quote:
Originally Posted by mayo fan
9:45 pm: ao fan would be hot covered in mayo!
Quote:
Originally Posted by Snikelfritz
if you'd like I can come visit and dress up like a girl and get in some fights
Quote:
Originally Posted by Kaner3339 View Post
i think everyone needs to do this type of thing to get a dose of reality and straighten people up. it's kinda like going to the mountains and becoming a monk except it's with hundreds of potatoes and a lot of stoners with tattoos in a kitchen
Reply With Quote
  #27  
Old 01-07-2017, 12:00 AM
MathStatFin's Avatar
MathStatFin MathStatFin is offline
Member
Non-Actuary
 
Join Date: Jul 2014
Posts: 3,922
Default

Quote:
Originally Posted by JasonScandopolous View Post
This constitutes intern bitch work, not actuarial work. Even if actuaries are glorified business analysts -- which I'd argue we are -- that requires human level AI to replace. As AI gets better, many jobs will be lost, but actuaries (or business analyst types) will be among the last to go.
The appeal of AI is precisely to improve decision making. The bitch work you're talking about is not really related to AI; it's more just your regular automation via IT systems. It's like saying automated manufacturing is AI when it's just basic electrical engineering and programming. If you pay someone to build some spreadsheets then that's not AI.

So basically saying that AI won't replace business jobs involving decision making is really just wrong since that's precisely the kind of work that AI was designed to replace.
Reply With Quote
  #28  
Old 01-07-2017, 07:46 AM
NormalDan's Avatar
NormalDan NormalDan is online now
Member
CAS
 
Join Date: Dec 2016
Location: NJ
Posts: 3,072
Default

Quote:
Originally Posted by Clem Koi View Post
http://www.nbc.com/saturday-night-li...e/n10766?snl=1

Robots pricing insurance against robot attacks, sounds like a potential conflict of interest imo
I bet the robots would say the same about our pricing of many products!
Reply With Quote
  #29  
Old 01-07-2017, 08:41 AM
snikelfritz's Avatar
snikelfritz snikelfritz is offline
Member
 
Join Date: Jun 2011
Location: Yep
Studying for Nope
Favorite beer: Yep
Posts: 25,869
Default

Quote:
Originally Posted by MathStatFin View Post
The appeal of AI is precisely to improve decision making. The bitch work you're talking about is not really related to AI; it's more just your regular automation via IT systems. It's like saying automated manufacturing is AI when it's just basic electrical engineering and programming. If you pay someone to build some spreadsheets then that's not AI.

So basically saying that AI won't replace business jobs involving decision making is really just wrong since that's precisely the kind of work that AI was designed to replace.
Show me the insurance company CEO who will simply trust the advice given by an AI. AI can help, but people will be the ones making the decisions for a while yet.
__________________
I bet successful people are terrified of death. So much to lose.
Reply With Quote
  #30  
Old 01-07-2017, 08:52 AM
JohnLocke's Avatar
JohnLocke JohnLocke is offline
Member
SOA
 
Join Date: Mar 2007
Posts: 15,974
Default

Quote:
Originally Posted by snikelfritz View Post
I can see AI hollowing out a lot of analyst type roles, I don't see the decision making roles being replaced by AI for a while yet. Once you have ~10 years as an actuary odds are pretty good you're in a decision making role of some sort.
This.

Even that will progress slowly. We still need another fundamental breakthrough or at least several small breakthroughs before AI is capable of replacing anything but repetitive tasks.
__________________
i always post when i'm in a shitty mood. if i didn't do that, i'd so rarely post.

--AO Fan

Lucky for you I was raised by people with a good moral center because if that were not the case, you guys would be in a lot of trouble.

So be very, very glad people like me exist. Your future basically depends on it.

--jas66kent

The stock market is going to go up significantly due to Trump Economics

--jas66kent

__________________
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 08:20 AM.


Powered by vBulletin®
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.27387 seconds with 9 queries