Artificial Intelligence – the science of art
Artificial Intelligence (AI) is already present in the art industry through its creation of artwork, but its use is now being extended to verify the authenticity of existing art. Through learning about the work of an artist, AI can make technical and stylistic identifications that link the work to that artist (or not, as the case may be).
There has already been some suggestion that AI can be used by insurers as a tool when verifying the authenticity of a piece of art. In principle, this is a potentially exciting development for insurers of fine art. However, the use of AI can give rise to complications. For example, uncertainty may arise where AI and an expert have differing opinions as to authenticity of a particular piece. Where AI has detected an inaccuracy in the expert opinion, this legitimacy objection must be proven.
Identifying authentic work is a layered process, requiring multiple individuals and sources, and ensuring that findings are always reviewed. AI is also only as good as the data that it has been fed, so if that data is incomplete or inaccurate, its ability to correctly judge the authenticity decreases.
At present AI’s method is not fool proof. However, developers are constantly seeking to improve its accuracy and have implemented measures to do so. Whilst conflicting opinions may not be a cause for concern just yet, insurers should continue to monitor the developments in this area. Insurers should also ensure that safety mechanisms are in place to prevent erroneous findings, such as independently reviewing results where AI has been used to complete authenticity checks.
There is no doubt that AI’s authenticity detection may be a useful tool for insurers. For art insurers looking to the future, the most effective and accurate detection system may be a union of AI processes, experts, and sources, collaborating to provide a check and balance.
Contents
- The Word, April 2023
- Beware of broad exclusion – Cronos v Generali
- Australian courts issue a ‘common sense’ judgment on a rainfall exclusion
- Subrogation and ‘co-insureds’
- Canadian court rules on whether COVID-19 amounts to physical damage
- FCA launches Consultation Paper on Multi-Occupancy Buildings
- E-scooters – what are they?
- Defining a home - what’s within a dwelling?
Key contact
Tim Johnson
Partner
tim.johnson@brownejacobson.com
+44 (0)115 976 6557
Related expertise
You may be interested in...
Legal Update
Building an inclusive workplace: strategies for attracting and retaining disabled talent
Legal Update
After a pause, Buy Now Pay Later (BNPL) regulation becomes one step closer
Legal Update
Updates to the UK’s Arbitration Bill
Legal Update
Ozempic: The rising costs and coverage issues of weight loss medication
Legal Update - Employment Rights Bill
What does the Employment Rights Bill mean for employment practices liability insurance?
Legal Update
ICAEW: Changes to PII requirements
Legal Update
Contractor insolvency: Peabody Trust v NHBC
Legal Update
Insurability by design: Increased transparency for vehicle manufacturers and insurers
Legal Update
By a narrow 2 to 1 majority, the Court of Appeal finds in favour of insurers in the construction of an exclusion clause in a W&I policy
Legal Update
Organisational approaches to ESG and sustainability matters
Legal Update
LMA binders’ consultation
Legal Update
Smooth sailing ahead: The LMA's new Open Form Default Clause
Legal Update
PFAS: The issue that won’t go away
Legal Update
Oklahoma earthquake: Racial discrimination in adjudication
Legal Update
Will the Online Safety Act help reduce Google ad spoofing in insurance?
Legal Update
Vicarious liability for kinship foster carer abuse: Implications for local authority insurers
Legal Update
Latest short-term insurance trends
Legal Update
Motor finance complaints on hold: Why now is the time for strategic action
Published Article
General insurance claims part 3: evidence of the insurance markets’ learnings from the consumer duty
Legal Update
Artificial intelligence putting the ‘actuarial defence’ to the test?
Legal Update
Under the influence: France introduces insurance requirement for influencers
Legal Update
Insuring a summer of sport
Legal Update
The impact of UK riots on insurers
Legal Update - The Word
The Word, August 2024
Legal Update
Product Safety and Metrology Bill: E-bike and e-scooter fires
Opinion
Choose your words wisely: Balancing inclusivity and employees’ beliefs at work
Published Article - Consumer Duty
General insurance claims: The consumer duty’s easy target? (part 2: ‘a history of warnings’)
Legal Update
Words matter: Another case on the importance of accurate drafting
Legal Update
How might AI impact insurer climate targets?
Legal Update
London Fire Brigade to stop attending for automatic fire alarms: Implications for insurers
Legal Update
Navigating Oil Price Cap legislation: LMA issues revised Cargo and Hull wordings
Legal Update
It’s not cricket: Insurers change their mind about jurisdiction
Legal Update
Using AI to help spot vulnerable customers
Legal Update
Is your cyber resilience shored up?
Legal Update
CrowdStrike: Assessing the fallout of potentially the “largest IT outage in history”
Press Release
Browne Jacobson survey finds 38% of insurers considering pulling out of the solicitors PII market
Legal Update
Changing lanes: Automated Vehicles Act 2024 becomes law
Legal Update
Tobacco and snus use – are insurers asking the right questions?
Legal Update
What does the draft terrorism (Protection of premises) bill (Martyn’s Law) mean for insurers?
