Jobs facing the highest risk of being done by AI are budget analysts, loan officers, accountants, insurance sales agents and paralegals.

I have been blessed to work with many "brains" out there, engineers and mechanics, those that do think in and out of the box. The best book I have found, it's not well known, is "What to Do When Machines Do Everything"... interesting read. Not dystopic but rather a consideration.
What would you do if your processes were more streamlined?
 
I don't know if it's directly going to be AI, and I won't argue the point with anyone, but I have long said that as soon as insurance companies can figure out how to sell and service life insurance -- without the agent -- 99% of the insurance agents in the industry will be out of a job.

You can initially purchase any insurance policy from an AI bot but I bet you that company won't keep that client. Alot of people purchase online for the convenience, but they don't fully understand what they are getting or not getting. As soon as an Agent comes along that can fully explain and educate on this or if that policy holder learns something is not covered that they thought were covered, all it takes is an Agent, that can properly explain this, and replace with a better policy. This is already happening without AI.
 
State Farm agents in the old days made 12 to 15% commission . Now must make 8-9%. It only makes sense if the carriers not as profitable then the agents comp gets cut . In all industries things change . The agent still very needed . Maybe just not at the same commission levels
Try 3 to 5% percent now with State Farm. That is how they are writing the contracts now because that's all they can afford or maybe just greedy...atleast when I was there. Also the agent I worked for had the nerve to put a cap on my commissions. I will never sell for anyone again.
 
Last edited:
Back
Top