A future in which human workers are replaced by machines this· about to become a reality in an insurance firm in japan.
More than 30 employees will be laid off because their job (to calculate the payments of the insured) will play an artificial intelligence system.
According to The Guardian, the company, Fukoku Mutual Life Insurance, believes that this will increase productivity by 30 percent, and recover· your investment in less than two years.
according To their calculations, will save· around 140 million yen per year (about 26 thousand pesos). The system had a cost of 200 million yen (about 36 million pesos). Keep it cost· about 15 million yen per year (2.7 million pesos).
The measure, however, does not brighten up· the 34 employees who will be laid off by the end of march.
The system is· based on the Watson Explorer IBM, which has a cognitive technology that can be thought of as a human being, allowing you to analyze and interpret data including unstructured text, images, audio and video.
The technology is capable of reading tens of thousands of medical certificates, hospital stays, medical records, and any surgical procedure before to calculate the payments, according to the Mainichi Shimbun.
Although the use of this technology will drastically reduce the time needed to calculate the disbursements of the company, the amounts will not be paid until they have been approved by a staff member.
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