AI is the short word for Artificial Intelligence. The company Swiss Re expects much growth. The spending for AI data centers grows fast. In 2026 the cost is 750 billion dollars. This creates work for special insurance companies. Many data centers stand in areas with nature risks. In the USA there are often tornadoes. These are very strong storm winds. The insurance must find new solutions. Supply chains from 90 countries make the work hard. In Switzerland Swisscom uses AI in stores now. Microphones record sales talks there. Customers must say yes first. The AI checks the wishes of the customers. Sensors on the ceiling track the paths of customers. In Vienna there is new research on safety. Researchers use a quantum speed limit. This is a limit from physics. They create very safe random numbers with it. Nobody can guess these numbers before. This helps with online banking and data protection.
New technology with AI brings chances and risks
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Definitions
- Artificial Intelligence
- Artificial Intelligence (AI) means programs that solve tasks like humans. They learn from data and make decisions.
- Reinsurer
- A reinsurer is an insurance for other insurance companies. It helps when very high costs arise from damage.
- Data Center
- A data center is a building with many strong computers. Large amounts of data are saved and processed there.
- Quantum Physics
- Quantum physics examines the smallest particles. In this world, different rules apply than in our daily life.
People
- Jérôme Haegeli
- He is the chief economist at the insurance company Swiss Re.
- Michel Siegenthaler
- He leads all stores of the company Swisscom in Switzerland.
- Caroline Jones
- She is a researcher in the group of Markus P. Müller in Vienna.
Locations
- Switzerland
- A country in Europe, known for banks and technology.
- Vienna
- The capital of Austria, where important research takes place.
- Bern
- A city in Switzerland where AI tests in stores started.
Sources
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