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  • Businesses want insurance for AI risks, but insurers are still figuring out how to offer it

    Jun 17, 2024 2:30 pm by Inc. MagazineIllinois in the News
    stock image from Getty Images: close up of $100 bill overwritten with binary code

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    • stock image from Getty Images: close up of $100 bill overwritten with binary code

    Inc. Magazine (June 14) 'AI insurance offers some challenges, since there is no historical damage record to rely upon,' says Professor Sheldon Jacobson. 'To mitigate risk, insurers may need to overprice insurance as they collect data.'