This does not bode well for companies trying to implement LLMs. A refusal to insure something is often a good reality check about the true magnitude of risk.
If you can’t insure your home anymore due to hurricane risk… you live somewhere where the risk of getting your home damaged by a hurricane is very high.
If people won’t provide insurance for companies providing LLMs… insurance thinks that there is a very high chance these companies are going to be paying out a lot for the consequences of their use.
What exactly are they insuring here ? What exactly would they be excluding? Seems like concepts of use? Does toothpaste need to be insured in case someone decides they want to swallow 50 tubes of it?
valuecolor on
Paywall actually removed without having to stomp on malware first. Fuck [removepaywall.com](http://removepaywall.com)
Easy to see why. The governments refuse to put strict laws on it, so you can sue anything and nothing. It’s all up to argumentation and who is your judge.
pressurepoint13 on
This is the reason companies are so desperate to preempt state regulations.
RiderLibertas on
Remember – AI is NOT too big to it’s too big to bail out. Let the billionaires take the hit this time.
karma3000 on
Insurance companies yet again being the voice of sanity.
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This does not bode well for companies trying to implement LLMs. A refusal to insure something is often a good reality check about the true magnitude of risk.
If you can’t insure your home anymore due to hurricane risk… you live somewhere where the risk of getting your home damaged by a hurricane is very high.
If people won’t provide insurance for companies providing LLMs… insurance thinks that there is a very high chance these companies are going to be paying out a lot for the consequences of their use.
Paywall removed: https://www.removepaywall.com/search?url=https://www.ft.com/content/abfe9741-f438-4ed6-a673-075ec177dc62
What exactly are they insuring here ? What exactly would they be excluding? Seems like concepts of use? Does toothpaste need to be insured in case someone decides they want to swallow 50 tubes of it?
Paywall actually removed without having to stomp on malware first. Fuck [removepaywall.com](http://removepaywall.com)
[https://archive.is/QdNaJ](https://archive.is/QdNaJ)
Not just AI, either.
But hey – who doesn’t like it raw?
https://www.cnbc.com/2025/08/08/climate-insurers-are-worried-the-world-could-soon-become-uninsurable-.html
Easy to see why. The governments refuse to put strict laws on it, so you can sue anything and nothing. It’s all up to argumentation and who is your judge.
This is the reason companies are so desperate to preempt state regulations.
Remember – AI is NOT too big to it’s too big to bail out. Let the billionaires take the hit this time.
Insurance companies yet again being the voice of sanity.