Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

Monthly Archives: October 2023

AI in Banking and Finance, October 31, 2023

Via LLRXAI in Banking and Finance, October 31, 2023 – This semi-monthly column by Sabrina I. Pacifici highlights news, government reports and documents, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Each entry includes the publication name, date published, article title and abstract. Four highlights from this post: President Biden issued a landmark Executive Order to ensure that America leads the way in seizing the promise and managing the risks of artificial intelligence; Economic Growth under Transformative AI; Bank of England – Artificial Intelligence and Machine Learning; and Financial intermediation and technology: what’s old, what’s new?

The October 7th Massacre

Searchable database/visualization via AP: “On the morning of October 7, 2023, a day now seared into the collective memory of Israel, a brutal assault led by Hamas unfolded, casting a long, ominous shadow reminiscent of past atrocities. The tranquility of the dawn was violently disrupted as over 5,000 rockets rained down, coupled by horrifying acts… Continue Reading

Artists Lose First Round of Copyright Infringement Case Against AI Art Generators

Hollywood Reporter: “Artists suing generative artificial intelligence art generators have hit a stumbling block in a first-of-its-kind lawsuit over the uncompensated and unauthorized use of billions of images downloaded from the internet to train AI systems, with a federal judge’s dismissal of most claims. U.S. District Judge William Orrick on Monday found that copyright infringement… Continue Reading

A lawyer’s guide to using AI in HR

Fast Company – Labor and employment attorney Holly Goodman answers the question: Does using AI in HR decisions violate federal law? “Evolution of artificial intelligence is changing all facets of business—including how employers interact with applicants and employees. Many companies are expanding their use of AI in human resource (HR) procedures for hiring, evaluation, promotion,… Continue Reading

Ban Trump from 2024 ballot? Why courts should rule he can’t serve as president again.

USA Today – To allow Donald Trump to appear on the 2024 presidential ballot, the courts will need to explain why any ruling that keeps the former president in the running doesn’t itself betray the Constitution. Laurence H. Tribe and Dennis Aftergut, Opinion contributors: “A trial that began Monday in Colorado and legal arguments scheduled… Continue Reading

Fact-checking isn’t enough. We need fact-crusading.

Stop The Presses, Mark Jacob: “As the right wing keeps pushing disinformation, journalists keep fact-checking. They dissect quotes. They consult experts. They cite statistics. But it’s not enough. We need fact-crusading, not just fact-checking. Yes, fact-crusading. News media must hold the facts in such high regard that the enemies of truth become their adversaries –… Continue Reading

ChatGPT Updates and Google Free Feature for Slides

LinkedIn – Steve Nouri, Generative AI Founder: Huge Update from ChatGPT Introducing 2 Game Changing Features. Here’s everything you need to know to unleash the full potential of ChatGPT: 1. True Multimodal Capabilities and Seemsless: ChatGPT was already incredible with its data analysis, image generation, and web browsing features. Now, you can use all these features… Continue Reading

This is how AI image generators see the world

Washington Post [read free]: “…Stability AI, maker of the popular image generator Stable Diffusion XL, told The Washington Post it had made a significant investment in reducing bias in its latest model, which was released in July. But these efforts haven’t stopped it from defaulting to cartoonish tropes. The Post found that despite improvements, the… Continue Reading

Freedom Under Fire

Read the AP Reporting Package – When Guns Outnumber People, Which American Liberties Prevail? “American identity is deeply grounded in the belief that everyone, no matter who they are, is entitled to certain rights and liberties. But what happens when one of those freedoms – a nearly unfettered right to own guns – upends the… Continue Reading

More help with math and science problems in Search

Google Blog: “Whether you’re delving into a math textbook or turning to Search to get more context on a complicated physics problem, it can sometimes be hard to describe exactly what you’re looking for. Take that intricate biology concept or pesky geometry problem, for example. With new features across Search and Lens, you can now… Continue Reading

The Difference Between Search Engines, Generative AI, and Automation Tools

Catherine Reach, North Carolina Bar Association: “Search engines like Google, generative AI applications like ChatGPT, and automation tools like Zapier serve distinct purposes and have different capabilities. The key is choosing the right tool for specific business needs and use cases, rather than trying to replace one with another. With an understanding of the unique… Continue Reading