Chapter
The Importance of Online Form Filling Speed to Determine Loan Repayment and Insurance Risk
10:47 - 18:18 (07:31)
The speed of filling out online forms is becoming a highly important variable in determining the ability and willingness of people to repay loans as well as their insurance risk. Companies can now gather data from people's social networks, their health and mental health status to make these determinations.
Clips
Companies now have access to personal data, including social network activity, health status, and repayment history, that can be used to predict one's likelihood to repay a loan.
10:47 - 14:10 (03:22)
Summary
Companies now have access to personal data, including social network activity, health status, and repayment history, that can be used to predict one's likelihood to repay a loan. A blog post classified top-end executives as complex decision engines, some of which may be replaced by data analysis.
ChapterThe Importance of Online Form Filling Speed to Determine Loan Repayment and Insurance Risk
Episode#144 - Martin Schmalz - Artificial Intelligence, Big Data & China
PodcastModern Wisdom
This episode talks about how being a CEO involves creativity in predicting business trends and making decisions.
14:10 - 16:24 (02:14)
Summary
This episode talks about how being a CEO involves creativity in predicting business trends and making decisions. It also discusses the creative process of inventing new technology, such as a no-touch touch phone.
ChapterThe Importance of Online Form Filling Speed to Determine Loan Repayment and Insurance Risk
Episode#144 - Martin Schmalz - Artificial Intelligence, Big Data & China
PodcastModern Wisdom
The speed at which people fill out online forms can reveal important variables such as their likelihood to repay a loan or their insurance risk, according to a head of AI research at Huawei.
16:24 - 18:18 (01:54)
Summary
The speed at which people fill out online forms can reveal important variables such as their likelihood to repay a loan or their insurance risk, according to a head of AI research at Huawei. This has implications for the type and amount of personal data collected by companies.