Post #15967 by Mark on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

Unthreaded | Threaded | Whole Thread (3)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 6

had begun to use artificial intelligence to make the fraud referrals to him

It's funny. Just last week in the sauna at the gym, I had a conversation about "AI" with a guy that works in insurance claims. He also said they are using "AI" now, but as the conversation progressed, he said that the "AI" apparently determined that the best indicator of potential fraud was a very simple determination - basically it is "has the claimant made a claim in the last 5 years?". If the answer is yes, it's more worth investigating, if the answer is no, it is less worth investigating. So, the core of that AI is rather trivial for a first-order approximation.

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (3)

Prev | Next

Announcements

Berkshire Hathaway FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.