2023: New York Life Newsroom year in review.

1. Generative AI explained.

Everyone was talking about “generative AI” in 2023. It’s been dominating the news since November 30, 2022, when tech company OpenAI released ChatGPT, an artificial intelligence-powered chatbot, to the public. That was soon followed by Google announcing its chatbot, Bard. Our quick explainer details what generative AI is and why it’s so important.

2. Life Hack: How to manage inflation (VIDEO).

You can’t talk about the U.S. economy of 2023 without talking about inflation, which reached its highest level in 40 years. But, for many of us, this somewhat tricky economic concept could do with a little bit of explaining. What is inflation? And how can it impact your financial situation? In this video, we explain how inflation works and offer tips on how to manage its impact on your finances.

3. New graphic novel about a boy navigating grief.

The New York Life Foundation released Lost in the Middle, a 200-page graphic novel that follows Kai and his friends as they navigate grief and other challenges during middle school. Lost in the Middle is the fourth book – and first graphic novel – in the Kai’s Journey original series, which we launched in 2020 to help children and families process their grief.

4. 7 tips on how to pay off debt and save at the same time.

Household debt in the U.S. continues to rise, led by an increase in credit card balances. It can be challenging to pay off debt and save at the same time, but it is possible. Here are 7 tips to help you get started.

5. Jaydev Patel, the most successful agent in New York Life’s 178-year history.

In 1973, Jaydev Patel walked into his local New York Life office with the intention of becoming a part-time agent until he “found a new job.” Fifty years later he stands as the most successful agent in New York Life’s history, and his business continues to thrive today. Read about his success in this article.

6. Batter up! New York Life steps up to the plate with Yankees partnership deal.

Breaking news from the world of sports: New York Life has signed a multiyear contract with the New York Yankees! The partnership makes New York Life the Yankees official life insurance partner. This article explains what that means.

7. New York Life’s Alex Cook discusses potential of AI.

At an IBM-hosted event at Bloomberg headquarters in New York City, New York Life Head of Strategic Capabilities Alex Cook discussed the company’s modernization efforts. The event, titled “Intelligent Automation: Transformation in a Time of Uncertainty,” highlighted the many ways that organizations are successfully leveraging the power of artificial intelligence.

8. New York Life releases 2022 DE&I Report.

New York Life highlights the progress and impacts of the company’s diversity, equity, and inclusion (DE&I) efforts over the last year with the release of its 2022 DE&I Report. The Report underscores that the company’s programming is designed to have lasting positive impacts through well-defined focus areas involving our employees, agents, and the communities we serve.