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/biz/ - Business & Finance


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21635448 No.21635448 [Reply] [Original]

>there is a high degree of human subjectivity and inefficiency that increases coverage premiums across the board and slows down settlement
OH NONONO HAHA

>> No.21635578
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21635578

>>21635448
yeah because risk assessors in insurance are traditionally paid a flat salary
if they stood to lose money on bullshit assessments you’d see all of that shit get much quicker
t. worked in insurance
but either way, you WILL buy my bags at $4, so it doesn’t matter much to me
you had 2 years

>> No.21635607

>>21635578
Why do we even need workers you dipshit. Fuck off and buy link you retard

>> No.21635739
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21635739

>>21635607
>M-M-MY STINKY LINKIES ARE GONNA PARSE STATEFARM’S CONSTANTLY UPDATED API’S THAT WILL IMMEDIATELY GIVE THE PURELY NUMERICAL AND OBJECTIVE DATA OF THE SEVERITY OF THE CAR CRASH THAT ARE TRACKED BY RFID SUB-PIGMENTATION ON EVERY VEHICLE ON EARTH AND PERFORM COMPLEX OFF-CHAIN NON-EUCLIDIAN MATRIX CALCULATIONS TO DETERMINE THE O B J E C T I V E VALUE OF THE INSURANCE PAYOUT!!!!!
>S-S-SUBJECTIVITY ISNT REAL YOU FUCKING STREET SHITTERS!!!!!!!!

>> No.21635881
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21635881

>>21635739
Yes too all that you retard. Your little token will never amount to anything compared to link

>> No.21636181

>>21635881
Sire...

>> No.21636775

>>21635881
anona, i....

Wow.

Here you go kids, this is maximalism. Never go full retard.

>> No.21637627

I think it’s fair to say that insurance that covers events outside of direct human control which are relatively binary (such as weather conditions and trip cancellations) can be arbitrated by an automatic contract

>> No.21637809

>>21635739
There will be APIs that can get various numerical values for the estimated losses involved in a car crash. How those will be subjectively parsed into payouts is determined objectively. Subjectivity exists but is delegated to the agreed terms of the contract, not how it's judged, much like you see here.
Also imagine thinking there will be regular car crashes in 10 years.

>> No.21637968

>>21637627
Yes, but what do you do when one party claims no fault, yet really was at fault. Evidence submitted to Kleros Court can prove these things.

Insurance in particular is already subjective bullshit. Kleros removes the need for some dumbfuck stacy to look at photographs and video recordings and instead decentralizes that decision making.

PNK and LINK are NOT competitive. I hold a 20k LINK stack and a 40k PNK stack. LINK for objective, PNK for subjective. PNK is also 2 years ahead of any other competitor. Same as LINK.

>> No.21638113

I will drop by and give you kiddies some whale wisdom. They complete each other. You may continue your mediocre lives.

>> No.21638198
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21638198

>>21635739

>> No.21638317

>>21637968
they're claims and pleas will fall on deaf ears. There are no mitigating factors here, only the cold logical reasoning of the blockchain. The only usecase for kleros jurors is to debate whether indians are white or not.