I'm biased because my company (Newfront) is in insurance but there are a lot of great points here. This jumped out: "By 2030, global AI data centers alone are projected to require $5 trillion of investment, while enterprise AI spend is forecast to reach $500 billion."
There's a mega trend of value concentrating in AI (and all the companies that touch/integrate it). Makes a ton of sense that insurance premiums will flow that direction as well.
xmprt · 1h ago
This only works if there are negative consequences faced by the insured parties when things go wrong. If all the negative consequences are faced by society and there are no regulations that incur that burden on the companies building AI, then we'll have unchecked development.
blibble · 30m ago
> We’re navigating a tightrope as Superintelligence nears. If the West slows down unilaterally, China could dominate the 21st century.
I never understood this argument
as a non-USian: I'd prefer to be under the Chinese boot rather than having all of humanity under the boot of an AI
certainly no reason to try to summon the machine god
socalgal2 · 16m ago
> I'd rather be under the Chinese boot than having all of humanity under the boot of an AI
That is not the options being offered. The options are under the boot of a Western AI or a Chinese AI. Maybe you'd prefer the Chinese AI boot to the Western AI boot?
> certainly no reason to try to increase the chance of summoning a machine god
The argument is that this is inevitable. If it's possible to make AGI someone will eventually do it. Does it matter who does it first? I don't know. Yes, making it happen faster might be bad. Waiting until someone else does it first might be worse.
brdd · 2h ago
The "Incentive Flywheel" of AI: how insurance unlocks secure Al progress and enables faster AI adoption.
muskmusk · 46m ago
I love it!
Finally some clear thinking on a very important topic.
There's a mega trend of value concentrating in AI (and all the companies that touch/integrate it). Makes a ton of sense that insurance premiums will flow that direction as well.
I never understood this argument
as a non-USian: I'd prefer to be under the Chinese boot rather than having all of humanity under the boot of an AI
certainly no reason to try to summon the machine god
That is not the options being offered. The options are under the boot of a Western AI or a Chinese AI. Maybe you'd prefer the Chinese AI boot to the Western AI boot?
> certainly no reason to try to increase the chance of summoning a machine god
The argument is that this is inevitable. If it's possible to make AGI someone will eventually do it. Does it matter who does it first? I don't know. Yes, making it happen faster might be bad. Waiting until someone else does it first might be worse.
Finally some clear thinking on a very important topic.