AI is Mapping the Coronavirus and Inferring its Possible Economic Impact - Pilot Growth Equity

AI is Mapping the Coronavirus and Inferring its Possible Economic Impact

Home » News » AI is Mapping the Coronavirus and Inferring its Possible Economic Impact
Published by: Rebellion Research

AI has proven successful in monitoring the outbreak of the coronavirus

Metabiota, an AI-driven company, has successfully made correct predictions regarding the spread of the coronavirus to areas such as Hong Kong about one week before the authorities detected new cases in the area.

Metabiota has the idea that “we can’t eliminate epidemics but we can minimize their impact”. Metabiota is especially targeting the insurance and reinsurance industry by offering to model the potential losses of a company based on different scenarios. In that way, the insurance industry can better quantify their exposure and manage their earnings in the event of an outbreak, as well as creating a new product to suit pandemic-related events.

In particular, Metabiota gives the example of South Korea, where the tourism industry suffered a 41% decrease in activity because of the 2015 MERS outbreak, estimating the loss at over $90 million. Now that the world is increasingly connected, epidemic outbreaks are to be more frequent and might become more massive.

View full article

Contact Us

San Francisco

201 Mission Street
Suite 1350
San Francisco, CA 94105
(415) 767-1280

New York

152 West 57th Street
47th Floor
New York, NY 10019
(917) 717-5060 

© 2019 Pilot Growth Equity Partners. All rights reserved. Terms of Use