Generative AI in early innings of transforming insurance industry, says EXL Service CEO

Rohit Kapoor, EXL Service vice chair & CEO, joins 'Fast Money' to discuss why insurance might be the next big industry shaken up by generative AI.

[useralpine.]

"Reducing operational cost/ firing people" is very powerful indeed 🎉👌NICE

[CodeVeda]

I'm none of anchors understood what he said as he made no sense.

[vgupta]

That's not much of an example. Everyone is talking about GenAI and "efficiency " improvements. Setting up AI in your company on the right platform, get your data right, train the model and have people with skills to maintain and use it, is not easy. All of this will need large investments and then the ROI is not that fancy as the speaker is claiming

[Fgji]

We need to reform education. With technology, and A.I.

Every student needs an adult, a mentor. Not 1 adult to 30 students. Not 1 adult for 15, 10, or even 5.

A.I. could be that.

We have students with phones. As schools struggle to keep distractions away. Those phones and apps should be used for education.

If we can "gamify" apps like Robinhood as some claim. Then we can gamify education.

Microsoft, Google, aapl, and others should coordinate with DOE.

But all that is far out of reach currently. As woke progressives have stagnated government and businesses. With DEI and other virtue signaling distractions.

You democrats are not good enough to handle anything on your own. Nor are the Republicans. Only when ideas clash, challenged, and critiqued, can we have true progress.