Digital technologies are fundamentally shifting how businesses across all industries operate and serve their customers, and insurance is no exception. Many insurers today offer innovative digital technologies to meet the needs of their consumers. So, whether you are looking for health, life, auto, or home insurance, there are a handful of insurance companies that can help you register easily through an app or website.

Contrary to what we see in the movies, artificial intelligence (AI) today is not capable of doing and learning everything on its own. It greatly and principally depends on the feedback that it gets from people. “Human in the Loop” (HITL) refers to the role of human feedback in the AI training process. Before getting into the concept of humans in the loop, let us understand the need for accurately annotated data and get the annotated data at speed.

These days, we can’t complete a transaction in a retail store without “giving away” our contact number. This is true especially if the store is part of a retail chain that is spread across the region or country, and there are many stores present within the city a few kilometers away from each other. If you ever wonder what they are doing with your contact number, just be aware that they have a file on you!

In today’s world, being connected anywhere and anytime is the most crucial aspect for anyone, and mobile phones as a device are one of the most critical enablers. With smartphones and internet connectivity, having access to content has become a click away. Purchase decisions and payment modes have been greatly influenced by the mobile landscape, so it has become important for companies to provide a great user experience across platforms and devices, with mobile being the prime device.

Success for any company whether a large incumbent or an upstart disruptor is defined by its ability to continuously exploit opportunities in its current business model while exploring new possibilities from the emerging needs of its key stakeholders.

Have you tried Googling ‘ChatGPT’ recently? It has been live for only 45 days and the volume of conversations happening about and around ChatGPT is enormous. While ChatGPT is not the topic of this blog today, its popularity has offered a solid ground to talk about the pervasiveness of AI.

Implementing of Artificial intelligence (AI) has changed from being a new fad to a serious organizational objective by 2022. Businesses of all sizes and stages of development are discovering possibilities to adopt AI. Organizations can modify core functions with this deployment, which shows promising outcomes in terms of effectiveness and efficiency. AI has permeated every sphere of our civilization and way of life over the past ten years.