Thread regarding Allstate Corp. layoffs

Will we be the victims of new technologies?

An interesting interview with the CEO, no doubt, but at the same time it got me wondering how these new technologies are gonna affect the workers. I agree that the insurance business comes down to gathering data and assessing the risk, and it's always a battle to do that in the best way possible, so these new technologies are now a basic necessity in order to compete on the market. On the other hand, from the worker’s stand point, I just see a lot of automation here. It may seem like the distant future, and it may seem that I’m just a little paranoid, but my opinion is that it’s just a matter of time before people start losing jobs due to application of these new technologies.

http://fortune.com/2018/09/24/allstate-ceo-data-tom-wilson/

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Post ID: @OP+VoDI0n9

4 replies (most recent on top)

It's already happening..and more to come.

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Post ID: @3lmd+VoDI0n9

Nothing new anywhere in California. They’ve announced we’re getting out.

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Post ID: @1bwj+VoDI0n9

It is happening already.........nothing new there.

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Post ID: @1chn+VoDI0n9

Yes, that’s a fact.

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Post ID: @wnw+VoDI0n9

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