🚀 Do you handlehashtag#sensitivedataand wish you could run a ChatGPT-Like AI on your Laptop? Well, I tried such a system (e.g. GPT4All) 1 year ago, as it just got released. It was a great initial version, but way too slow to be usable on my Macbook (even with an M2)! By now, things have changed. Here’s what happened… Last week, I re-discoveredhashtag#GPT4All, and it completely changed my perspective on AI accessibility. Imagine having a powerful AI assistant that: • Runs completely offline • Needs no subscription • Protects your data privacy • Works on regular hardware The game-changer? It’s completely FREE and open-source. As someone who works with sensitive data, this felt like finding a goldmine. No more worrying about data leaving my device or expensive API calls. While it’s not as powerful as ChatGPT, it’s perfect for: – Quick writing assistance – Personal knowledge management – Private data analysis – Local development Pro tip: Start with the Mistral model – it offers the best balance of performance and resource usage. 💡 Key Learning: The future of AI isn’t just in the cloud. It’s right here on our devices. Want to explore the world of local AI? Check out GPT4All – your personal AI assistant that respects your privacy. Thoughts? Have you tried running AI models locally? Share your experience! 👇 _______________________________________________ Unlock the Power of AI with our Roundtables for Board Members and C-level executives. Check out our website to apply for the next session.
AI coaching team The INGAGE Institute as imagined by AI.
Together with thebroker, the INGAGE Institute is offering an AI course specifically for members of the board of directors of insurance companies, brokerage firms and other companies.
In this interview with Patrice Séjalon from The INGAGE Institute, you can find out why INGAGE and thebroker are specifically targeting board members (BoD).
Pat, what are you responsible for in respect of the AI coaching?
My role is to do the R&D and share our extensive experience of how to use it effectively and give concrete examples. We have been using AI for our own needs for many years. It is integrated into all our processes. There shouldn’t be a day when we’re not using it. AI is already incredibly powerful if you know the basic tips. And you talk to them in your own natural language, not some obscure programming language.
We are continuously curating the list of AIs, studying the best ones and how to master them for any useful task. AI can do so many different tasks: summarise text, take meeting minutes and ‚talk‘ to you, track todos, create images and even write codes for our products and develop our SaaS platform. It’s also extremely cheap. If you know the right tricks, you can pay very little or even nothing. 😊 I believe the future of work and even entertainment is magnificent thanks to these new powerful tools. You can already create your own hit song! Creating your own “Netflix” show will become possible in the coming years.
And Laura, Phil?
My colleagues Laura and Phil helped me to develop and run our AI coaching session and to design the complementary online course that delves deeper into the topics.
Why are you targeting BoD members with the AI coaching?
As we interview many Board Members, thought leaders and other top insurance industry experts around the world, we have noticed that many of them have not yet taken the step to enhance their productivity and creativity thanks to AI in their daily lives. Furthermore, in many cases, they are not truly aware of the challenges and threats that AI poses to them and the organisations where they serve as board members because they lack a hands-on experience.
How and where does the coaching take place?
The AI coaching mostly takes place online via video conferencing. If a client wants to train larger teams, we can do a hybrid version where some of the sessions take place in person.
How many people can take part in the coaching?
Our goal is to have some more hands-on activities relevant for Board Members, therefore, we prefer to have a maximum of 5 participants per session. We also want to be able to answer concrete questions and show get the most out of the different AIs.
What makes you an expert in artificial intelligence?
Way before the ChatGPT craze we were already experimenting with its base model, GPT. When ChatGPT appeared two years ago, there was suddenly an explosion of AI “experts” around the world. There are only a few people in the world that are real AI experts. We have an extensive hands-on experience on which AI to use for what and what works and what doesn’t. We are experts in helping people understand and harness the full potential of AI.
There is a plethora of AI offers, how do you find the best ones?
That is a great question! It’s hard. It took us hundreds of hours of study to get there and as AI is evolving very fast, it changes all the time. We want to save our participants all that time. The good news is that once you know which ones to use and how, it’s very easy. But you still need to get updated.
Can anyone still do without AI?
Well, we would certainly not do without AI anymore. You probably know this famous sentence: “AI will not replace you but someone using AI will!” Once you understand what you can (and cannot or should not) do with AI, it boosts your productivity like never before. In some areas you can get 10 times faster.
What do you teach the Board Members?
We start with straightforward activities such as generating meeting minutes with todos, summarising presentations/texts, creating engaging images and even their own music… We then discuss where AI can be applied along the insurance value chain, from distribution to underwriting and claims management. Finally, we look at board liability and the risks associated with AI. We also give them good tricks to impress their children and grandchildren. 😉
You have already run AI coaching with BoD members. What do they want to know in particular?
Some of them have only tried ChatGPT briefly in the past few months. They want to know how it can really help them in their day-to-day work, how their companies can use it, but just as importantly, what challenges and threats AI poses to their organisations.
What topics do you cover in the coaching sessions?
Some of the topics are:
summarising presentations/texts,
generating meeting minutes including todos,
creating engaging images, even their own music,
where AI can be used along the insurance value chain, from distribution, underwriting and claims management,
what to look for (threats, dangers).
Board members can also request specific topics on which they would like to learn more or delve deeper.
Do you also offer AI coaching to others?
So far, we got interest from board members as we have talked to them about different topics. Should others be interested, we would be happy to see how we can help them too.
What are the costs of such a session?
The session lasts 1.5 hours and costs from CHF 500 per person.
INGAGE does not only offer AI coaching. What else do you offer?
We are dedicated to helping our clients stay ahead of the curve when it comes to innovation and technology, as finalists in several international competitions in the risk management/insurance industry. We work with global companies such as Zurich Insurance, Swiss Re, … We provide engaging solutions for digital training, to onboard new employees and upskill/align existing teams and digital marketing, to improve employer branding, share knowledge from field experts and prominent thought leaders (like AI lead scientists, Founders of leading Tech companies, Cybersecurity leaders, NATO generals…)
Our Community consists of more than 12,000 decision-makers and top professionals from around the world.
More atINGAGEand on our YouTube channel and podcasts.
Imagine if your training content were easily editable by anyone in your team in a very short amount of time: NVIDIA’s New AI: Next Level Image Editing!
Artificial intelligence (AI) can now solve grade-school math problems and, more impressively, university-level math problems.
This AI is based on a language model called Codex that is able to write computer programs. It gets additional guidance in the form of being told what topic the problem is about, what code library to use, and what the definition of mathematical concepts is. It is also able to generate new math problems. According to human evaluators, it is almost as good as humans at solving math problems.
What if I told you that AI wrote this text?
AI can even help create online courses for insurance for example!
Welcome to the future of insurance, as seen through the eyes of Scott, a customer in the year 2030. His digital personal assistant orders him an autonomous vehicle for a meeting across town. Upon hopping into the arriving car, Scott decides he wants to drive today and moves the car into “active” mode. Scott’s personal assistant maps out a potential route and shares it with his mobility insurer, which immediately responds with an alternate route that has a much lower likelihood of accidents and auto damage as well as the calculated adjustment to his monthly premium. Scott’s assistant notifies him that his mobility insurance premium will increase by 4 to 8 percent based on the route he selects and the volume and distribution of other cars on the road. It also alerts him that his life insurance policy, which is now priced on a “pay-as-you-live” basis, will increase by 2 percent for this quarter. The additional amounts are automatically debited from his bank account.
When Scott pulls into his destination’s parking lot, his car bumps into one of several parking signs. As soon as the car stops moving, its internal diagnostics determine the extent of the damage. His personal assistant instructs him to take three pictures of the front right bumper area and two of the surroundings. By the time Scott gets back to the driver’s seat, the screen on the dash informs him of the damage, confirms the claim has been approved, and that a mobile response drone has been dispatched to the lot for inspection. If the vehicle is drivable, it may be directed to the nearest in-network garage for repair after a replacement vehicle arrives.
While this scenario may seem beyond the horizon, such integrated user stories will emerge across all lines of insurance with increasing frequency over the next decade. In fact, all the technologies required above already exist, and many are available to consumers. With the new wave of deep learning techniques, such as convolutional neural networks,1 artificial intelligence (AI) has the potential to live up to its promise of mimicking the perception, reasoning, learning, and problem solving of the human mind (Exhibit 1). In this evolution, insurance will shift from its current state of “detect and repair” to “predict and prevent,” transforming every aspect of the industry in the process. The pace of change will also accelerate as brokers, consumers, financial intermediaries, insurers, and suppliers become more adept at using advanced technologies to enhance decision making and productivity, lower costs, and optimize the customer experience.
Written by Philippe16 November 2024 
