Combatting Fraud
About 10 percent of the property and casualty insurance industry’s incurred losses and loss adjustment expenses each year are fraudulent[i] During the five-year period from 2013 to 2017, the fraud amounted to approximately $30 billion each year.[ii] The most common fraud is when an insured pads or inflates actual claims, misrepresents facts on an insurance […]
Your Voice Diagnoses Your Heart
In the United States, about 610,000 people die of heart disease every year, accounting for one in every four deaths.[i] Heart disease is the leading cause of death for both men and women.[ii] Dr. Amir Lerman, director of the Cardiovascular Research Center at Mayo has focused his research on coronary physiology. He conducted a two-year […]
Your Voice Tells It All
If a friend or relative calls you on the phone, and something is wrong in his or her life, you can tell immediately. Could an AI tell also? Yes, and a whole lot more. Using the same machine learning technology an AI can use to tell a cat from a dog or recognize a person’s […]
Regulation or Strangulation?
Regulation is needed in many areas, like banking and healthcare. Sometimes, however, regulators get carried away, and strangle innovation with too much regulation. This almost happened with Bitcoin. The regulation we need I call light regulation. In 1995, I was Chairman of the Global Internet Project. The board and I traveled around the world meeting […]
The Verdict From Mock Trial of Tech Titans
Last night was the 24th Annual Genesys Partners Venture Capital Dinner & Forum at the historic Union League Club in New York City. Nearly 100 investors, analysts, journalists, and key influencers attended. CEO James Kollegger kicked off the evening and introduced Dr. Michael R. Nelson. Mike advises governments on Internet technology issues for Cloudflare, a startup that has improved […]
