When Robots Go Haywire, Who Picks Up The Tab? | Amias Gerety

Amias Gerety is a partner at QED Investors, a fintech-focused VC firm with $3.8 Billion under management. He was previously the Assistant Secretary at the US Department of Treasury. And he graduated from Harvard. Amias"s favorite finance book: Lombard Street: A Description of the Money Market (Author: Walter Bagehot) (00:01) Introduction (00:46) Why Do Robots Need Insurance? (03:04) Challenges for Insurance Companies with Robot Liability (07:34) Risks of Autonomous Robots in Industrial vs. Domestic Settings (12:22) Cybersecurity and Hacking Risks in Robotics (15:41) Importance and Challenge of Historical Data in Robotics Insurance (18:52) Leveraging Telemetry Data for Risk Modeling (22:09) Creating a Functional Insurance Market for Robotics (26:42) Should Robots Be Independent Legal Entities? (28:34) Should Robots Buy Their Own Insurance? (32:30) Partnerships Between Insurers and Robotics Companies (37:11) Regulatory Framework for Robotics Insurance (38:57) Advice for Founders in Robotics Insurance (40:07) Rapid Fire Round -------- Where to find Amias Gerety: LinkedIn: https://www.linkedin.com/in/amias-gerety/ -------- Where to find Prateek Joshi: Newsletter: https://prateekjoshi.substack.com  Website: https://prateekj.com  LinkedIn: https://www.linkedin.com/in/prateek-joshi-91047b19  Twitter: https://twitter.com/prateekvjoshi