This paper discusses the role of the data scientist, what a data scientist is, and the set of skills needed to become one.
Ultimately, the widespread adoption of automation and robotics, as well as the rise of artificial intelligence will have profound impacts on the world, particularly in terms of human employment and even the global economy, such as the questions asked by Martin Ford, in his book, Rise of the Robots. Martin Ford suggests the outlook is bleak for millions of workers who define their self-worth in terms of their employment. Increasingly workers will no longer be exploited by those in control of capital and intelligent machines, they will be irrelevant to them.
This paper focuses on how AI is disrupting the insurance sector. Starting from the conventional insurance process, we will move through the specific novelties AI is introducing in the field in order to understand how AI is completely changing the way people buy and think of insurance products. Finally, an eight-group classification is proposed for the insurtech ecosystem.
Big data is often approached as a mere technical problem, while many times projects fail because of lack of strategic focus. Implementing the right process may help companies to efficiently run analytics works and for this reason, the paper proposes a few concepts that can support the organizational development of a big data blueprint. Three main ideas will be outlined here: the data lean approach, the maturity map, and different organization models for a data team.