Application of GPT 4V in the insurance industry

Mondo Finance Updated on 2024-01-28

In the progress of science and technology, the combination of artificial intelligence and big data technology has generated tremendous energy and promoted innovation and change in all walks of life. OpenAI, as the world's leading artificial intelligence research and development institution, upgraded its GPT-4 model in a new way on September 25 this year. This upgrade gives ChatGPT the ability of voice and image, providing users with more diversified interaction methods, so that ChatGPT is no longer limited to text communication, but can interact with users more intuitively and conveniently through voice and image.

This upgrade of ChatGPT is undoubtedly a major breakthrough in the way artificial intelligence interacts. In the past, the interaction between humans and artificial intelligence mainly relied on text, but now, users can upload directly by taking photos and ask questions about the content in **, which is undoubtedly closer to the user's daily life, and is also more intuitive and convenient. Behind this innovation is OpenAI's strong commitment to building a secure and beneficial AGI (Artificial General Intelligence), and this update is just a small step in its long-term goal. In the future, OpenAI will continue to introduce more voice and image functions, and over time, continue to improve and improve the relevant risk management mechanism to meet the needs of users, and also open up a broader path for the development of artificial intelligence.

Microsoft, as a world-renowned technology giant, has conducted an in-depth evaluation of the functions and applications of GPT-4V, and released a detailed evaluation report. The report specifically mentions the practical application scenario of auto insurance, which is also an important application direction of GPT-4V. In the auto insurance process, damage assessment and insurance reporting are two very important parts. Through these two sessions, Microsoft's reviewers demonstrated in detail the comprehensive capabilities of GPT-4V in the field of auto insurance.

During the damage assessment session, the evaluator showed GPT-4V an image depicting the damage to the car, which GPT-4V needed to use to assess the damage to the car. This is a very complex task that requires an in-depth understanding of the structure of the car and the various damage scenarios. However, GPT-4V excels in this task, not only being able to accurately identify and locate damage in images, but also being able to provide a detailed description of each instance of damage and try to estimate the potential cost of repairs. Behind this capability is GPT-4V's powerful image processing and semantic understanding capabilities, which is also a major advantage in the field of auto insurance.

GPT-4V for vehicle damage assessment).

In the insurance reporting session, the evaluator asked GPT-4V to identify the vehicle make, model, and license plate in the image and return the information in JSON format. This includes not only the identification of damage, but also the identification of vehicle-specific information. This is a very detailed task that requires an in-depth understanding and accurate identification of various information about the vehicle. However, the GPT-4V also shows a very high level of accuracy and precision in this task, which is also a great advantage in the field of auto insurance.

GPT-4V outputs insurance report information).

The application of GPT-4V in the insurance industry will undoubtedly greatly improve the user experience. For example, multi-modal large models can be applied in intelligent customer service dialogue robots, intelligent marketing robots, automatic analysis of insurance terms, claims and other fields, these innovative applications will greatly enhance the user experience and improve customer service. We believe that auto insurance is a typical application of large models in the financial field, which can bring many benefits to the financial industry, such as improving efficiency, reducing costs, optimizing risk management, and improving customer experience.

In general, the release and application of GPT-4V has undoubtedly opened a new chapter for the development of artificial intelligence, and its application in the field of auto insurance has injected new vitality into the development of the financial industry. We have reason to believe that with the continuous improvement and application of GPT-4V, artificial intelligence will be more intelligent and convenient in the future, bringing more convenience and surprises to our lives.

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