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Japanese white-collar workers are already being replaced by artificial intellige

  • Ichingcarpenter (4170 posts)
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    Japanese white-collar workers are already being replaced by artificial intellige

    Most of the attention around automation focuses on how factory robots and self-driving cars may fundamentally change our workforce, potentially eliminating millions of jobs. But AI that can handle knowledge-based, white-collar work are also becoming increasingly competent.

    One Japanese insurance company, Fukoku Mutual Life Insurance, is reportedly replacing 34 human insurance claim workers with “IBM Watson Explorer,” starting by January 2017.

    The AI will scan hospital records and other documents to determine insurance payouts, according to a company press release, factoring injuries, patient medical histories, and procedures administered. Automation of these research and data gathering tasks will help the remaining human workers process the final payout faster, the release says.

    Fukoku Mutual will spend $1.7 million (200 million yen) to install the AI system, and $128,000 per year for maintenance, according to Japan’s The Mainichi. The company saves roughly $1.1 million per year on employee salaries by using the IBM software, meaning it hopes to see a return on the investment in less than two years.

    Watson AI is expected to improve productivity by 30%, Fukoku Mutual says. The company was encouraged by its use of similar IBM technology to analyze customer’s voices during complaints.



    Live and Learn, daleanime, jeff47 and 1 other7wo7rees like this

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  • leveymg (3845 posts)
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    1. Most Life Insurance customers will be replaced, next.

    Androids have been shown to be 28% less likely to die of natural causes and are cheaper to keep running.