In the midst of the AI craze, the insurance industry offers a cautionary tale. Heard on the Street’s jonsindreu explains not every industry ripe for AI disruption in theory ends up being revolutionized in practice. WSJWhatsNow
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Takeover hopes at embattled car insurer Root shouldn’t obscure a broader message for investors: Many traditional industries are impervious to technological revolutionsCar-insurance startup Root has looked to upend traditional insurance through the use of automation, data and AI.Uprisings can fall short, even robotic ones. Investors riding the artificial-intelligence wave should look at the insurance industry for a cautionary tale.
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