Can we get serious about using AI to understand risk?

We hear an d read a lot about artificial intelligence and machine learning nowadays. What does this mean for how people articulate and think through risk in their organisation?
A couple of things spring to my mind:
1. Surely we should start to use machine learning to simplify how we ask people to describe their risks. Machine learning can sift through and categorise risks based on people adding text information - i.e. let them simply describe their risks, and get machine learning to work out how to categorise it.
2. Machine learning can be used to detect risks (i.e. uncertainties - positive and negative) within the regular operations of an organisation. It can spot things that may be worth adding to a risk register which may otherwise be missed.
3. Machine learning can spot potential synergies and inter-relationships better than people can (or at least, we struggle to find the time to do this).
We really should be looking at this type of application of technology sooner rather than later. It could generate significant value for organisations.






