fresh bytes
Subscribe Now

Japanese insurance firm replaces 34 staff with AI

_93279769_ai.jpg

Science fiction has long imagined a future in which humans are ousted from their jobs by machines.

For 34 staff at a Japanese insurance firm, that vision just became a reality.

Fukoku Mutual Life Insurance is laying off the employees and replacing them with an artificial intelligence (AI) system that can calculate insurance payouts.

The firm believes it will increase productivity by 30%.

It expects to save around 140m yen (£979,500 / $1.2m) a year in salaries after the 200m yen AI system is installed later this month.
via BBC News

Continue reading 

Leave a Reply

featured blogs
Apr 2, 2026
Build, code, and explore with your own AI-powered Mars rover kit, inspired by NASA's Perseverance mission....

featured chalk talk

Nexperia GaN Power Proliferating in All Things Motor Control/Drive
Sponsored by Mouser Electronics and Nexperia
In this episode of Chalk Talk, Art Gonsky from Nexperia and Amelia Dalton discuss the biggest challenges of electric motors and controllers and how GaN power solutions can help solve these issues. They  also investigate how silicon, silicon carbide and GaN power solutions compare and how Nexperia and NXP technologies can get your next motor control design up and running in no time!     
Mar 25, 2026
16,579 views