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lol, times a hundred…. So true.

We need to watch this carefully lest the Tech oligarchs obtain some statutory limitation of civil liability in the guise of "regulation." It was just such a limitation of liability that made nuclear power "viable" decades ago.

Oh dear. I am old enough to remember previous tech boom-to-bust stories. Never invested in them!

Cover is priced from a loss record: what went wrong, how often, at what cost, across enough independent exposures that the numbers settle. AI barely has one, and a million deployments of one model can fail like a single exposure. The limits stop where the evidence does.

I hate that they are going to take us all with them into the toilet, but their failure is necessary. Not one penny to bail these vultures out.

Too much negativity. Same drum beat every day.

Florida housing, gulf oil, AI … it always seems to be insurance that takes stuff down.

So have they figured out how we're going to pay that for them?