AI Risks in Health and Finance: When Errors Matter

You're probably already using AI in some form, or at least thinking about it. And you should be. The potential is real. But if you work in healthcare or finance, the gap between "impressive demo" and "reliable in production" carries consequences that go well beyond a bad quarter or a frustrated customer. In these industries, errors cost money, trust, and sometimes lives. ‍ There is good news though. You don't have to choose between adopting AI and managing risk. But you do need to understand where things go wrong, and why the right checks and balances matter more here than anywhere else. Healthcare: When the Algorithm Gets It Wrong, Patients Pay In March 2025, ECRI, the independent nonprofit that monitors healthcare safety, named insufficient governance of artificial intelligence as the number two patient safety concern for the year. That's not a fringe concern buried in a footnote. It sits just behind medical gaslighting on a list informed by incident data, scientific literature, and