Lloyd’s of London Will Be Responsible for Your Chatbot

[An added layer of insurance solves all problems.]
A hat tip to friend-of-the-site Oliver Y., who alerted me to the news that all problems with erroneous chatbots have now been fixed.

Insurers at Lloyd’s of London have launched a product to cover companies for losses caused by malfunctioning artificial intelligence tools, as the sector aims to profit from concerns about the risk of costly hallucinations and errors by chatbots.

Problem solved.

Footnotes:

Apologies for the paywalled link, but all other sources I found for this were press release rehashings at sites like the “Captive Insurance Times” and “ReInsurance Business”. Worth noting, the FT uses a soft paywall, and you can register for free access here. ↩︎

Link: https://www.ft.com/content/1d35759f-f2a9-46c4-904b-4a78ccc027df