It’s not AI replacing actuaries, but it’s actuaries using AI replacing actuaries who don’t!
By Dr. Frank Schiller
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Dr. Frank Schiller is Chair of the AAE Communications Panel | ||
This is a remarkable prediction by Charles Cowling, President of the IAA in 2024, and I could not agree more. With the global focus on Artificial Intelligence (AI), with non-European countries investing billions to further develop AI, and with the European Union implementing strong regulation of AI, it is essential for any actuarial association to broaden its focus to include this emerging technology and how it can be applied for the benefit of society…
Disclaimer:
This article represents the opinion of the author, and not necessarily the opinion of the AAE.
This article was published in The European Actuary No. 41 – March 2025
