Technology that actuaries are excited about

These are the new technologies that actuaries are most excited about.

This is from more than 200 articles published by the SOA’s Predictive Analytics & Futurism Section, a research newsletter written by actuaries.

There is a lot of confusion about what “AI”, “Machine Learning”, or “Predictive Analytics” actually represent. After sitting through dozens of presentations, several conferences, and reading up on the literature, I have discovered the following rule of thumb.

• If it’s in a CEO’s PowerPoint than it’s AI;
• If it’s in a data scientist’s PowerPoint then it’s machine learning (or machine intelligence);
• If it’s in an actuary’s PowerPoint then it’s predictive analytics.