AI Hallucinations: The Emerging Market for Insuring Against Generative AI’s Costly Blunders

Written by MJ Schwenger, Co-Chair of the CSA AI Governance and Compliance Working Group.Generative AI: Embracing Hallucinations for Responsible InnovationThis blog delves into the fascinating world of Generative AI (GenAI), acknowledging its revolutionary potential while addressing the inherent challenge of “hallucinations.” It explores the technical underpinnings of these hallucinations and proposes a nuanced perspective, shifting the focus from criticizing AI to fostering collaborative inte…