AIUC CEO Rune Kvist explains his company’s approach to AI standards, auditingGovernance sets responsibilities, rules and oversight for decisions about how AI systems are used. and insurance underwriting, including the difficulty of pricing harms with limited historical dataA risk assessment identifies ways something could cause harm and examines their likelihood and consequences under specified conditions..
Kvist argues that clearer liability can support insurance markets, while acknowledging that some catastrophic losses cannot be insured. He discusses red teamingAdversarial evaluation deliberately searches for inputs and edge cases that reveal where an AI system's rules or behavior fail., systemic risksAI safety is the field and practice of reducing harmful failures, misuse, loss of control, and unintended consequences from AI systems. and the limits of insurance for labor market impacts.
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