IBM Watson Replaces 34 Workers at Fukoku Mutual Life Insurance
IBM Watson Replaces 34 Workers at Fukoku Mutual Life Insurance
Fukoku Mutual Life Insurance believes the move will improve operating efficiency and increase productivity by 30%. The implementation of the AI system is expensive, costing $1.7 Million to install plus a yearly running cost of $130K. However, the company believes this will lead to savings of over 1.2 Million and it will see a return on its investment in less than 2 years. Read the full article here.