Risks Emerging from AI Widespread Use - Essay Collection

August 2024

The Society of Actuaries Catastrophe & Climate Strategic Research Program Steering Committee issued a call for essays to gather Risks Emerging from Artificial Intelligence Widespread Use. The purpose was to gather potentially catastrophic uses of artificial intelligence (AI) as submitted by essay authors with the goal to initiate discussion regarding risks and impact of AI and set the stage for future research.

The six essays that form this collection are included below and are also compiled here: Risks Emerging from Artificial Intelligence Widespread Use - A Collection of Essays 

The top two essays chosen for creativity, originality and the extent to which an idea might help promote further thought in this area, are noted here:

FIRST PLACE PRIZE WINNER

Risks Emerging from Artificial Intelligence Widespread Use
Hanchen (Henry) Wang and Yongqi Liang

SECOND PLACE PRIZE WINNER

In Praise of Actuarial Judgment and the Dangers of Relying on Historical Data
Sam Gutterman, FSA, CERA, FCAS, MAAA, FCA, HonFIA

Remaining Essays

Artificial Intelligence Discrimination: Cause, Damage and Mitigation
Kailan Shang, FSA, CFA, PRM, SCJP

Catastrophic Risks of AI-Based Chatbots in Educational Systems
Ali M. Saghiri

Mitigate Biased Decision-Making in AI Algorithms
Jiaming Zuo, FSA, CERA, FCAA, FASHK

Plausible Risk of Structural Racism from the Widespread Use of AI
Rajeshwarie VS and Vivek Gupta

Thank you for your interest in this essay collection.

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