AI Changing Our Living Spaces

 

This week, how will artificial intelligence change our living spaces?

Welcome to The Digital Eye, your weekly roundup of the latest technology news. 

Our team of experts have scoured the internet for the most exciting and informative articles so that you can stay up-to-date on all things digital, data, blockchain, AI & analytics.

This week’s the Top Reads:

1. 1. Will Artificial Intelligence Change Our Living Spaces?
   2. Insurance fraud UK – how to beat it
   3. Monsoon Blockchain Powers the Next Generation Cryptocurrency Ecosystem for Bitcoin Latinum
   4. Blockchain accounts for 10% of early-stage startups
   5. InsurTech Cover Genius Nails AUD 100M Series C Funding Round

Bonus Article:

1. How data and analytics are redefining excellence in P&C underwriting

 

We hope you find this information valuable and would appreciate your help in sharing it with others who may also be interested.

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How Will Artificial Intelligence Change Our Living Spaces?

 

According to Global Marketing Insights, the home improvement market exceeded $762.9 billion in 2020 & will grow at 4.3% from 2021 to 2027.

 👁️‍🗨️ Read Article

 

“People tend to desire changes, and that includes changes to their surrounding home spaces. According to Global Marketing Insights, the home improvement market exceeded $762.9 billion in 2020 and will grow at 4.3% from 2021 to 2027.

Sometimes, a new coach’s annual trip to Ikea doesn’t bring happiness anymore, and a more radical intervention is required. Most people would engage a professional interior designer, but they’re expensive, and it’s hard to find the right one for your style. Imagine an infinitely knowledgeable designer that serves thousands of clients — artificial intelligence doesn’t have limits.”

shared by @forbes

 

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Insurance fraud UK – how to beat it

 

“Like a slow road journey, a slow or cumbersome claims journey is a real turnoff,” “and it’s a barrier to doing business.”

 

👁️‍🗨️ Read Article

 

“It might not seem like the most natural of connections, but there’s a strong shared theme between tractors and fraud investigations. It’s a theme explored by Ian Carman, director of investigation services at Sedgwick, during a recent webinar on “Future-proofing your risk to fraud using AI”. For Carman, who restore classic tractors as a hobby, the similarity comes from the collective necessity surrounding both.

“Tractors are essential; we all recognise that they help farmers produce the food that keeps us all fed and alive,” he said, “while fraud detection and strong indemnity control keep us in the insurance world in business and able to keep the cost of insurance competitive for our customers. If insurance fraud runs rife, the cost of premiums goes up, it’s much harder for us to do business and industry and society suffers. Cost-effective insurance protection is important to society, and it enables us to go about our daily life.”

shared by @InsuranceBizUK

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Monsoon Blockchain Powers the Next Generation Cryptocurrency Ecosystem for Bitcoin Latinum