Will actuaries be replaced by computers?

I've worked for two large life insurers and both made extensive use of computers in all phases of the operations. However, no computer can provide the judgement and inventiveness that actuaries do. As a result, the number of actuaries at both companies only increased as computers became more widespread. read more

Actuaries use computers extensively as tools. Justifiably, however, no one is willing to believe them without a human testing the results. Actuaries are only likely to be replaced by computers if all thought jobs are. read more