sifted: “EU lawmakers finally came to an agreement on the AI Act at the end of 2023 — a piece of legislation that had been in the works for years to regulate artificial intelligence and prevent misuses of the technology. Now the text is going through a series of votes before it becomes EU law… Continue Reading
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Category Archives: Economy
How much money has each country spent, each year, on its military?
Data is Plural: “Different datasets have different answers, cover different timeframes, and use different methodologies. Miriam Barnum et al.’s Global Military Spending Dataset attempts to bring them together. By uniting “76 variables from 9 dataset collection projects,” the authors write, “we provide the most comprehensive and complete set of published datasets on military spending ever… Continue Reading
Amicus Lobbying: Friends of the Court or Friends of the Industry?
Bunting, William and Stein, Tomer, Amicus Lobbying: Friends of the Court or Friends of the Industry? (January 29, 2024). Available at SSRN: https://ssrn.com/abstract=4708986 or http://dx.doi.org/10.2139/ssrn.4708986 – “This Article reveals that lobbying has a vast and outsized impact on the development of judge-made business law. Lobby groups have taken control of the amicus curiae filing process… Continue Reading
Wyden’s Gets FTC To Protect Data Of 1.6 B People Tracked By Now-Bankrupt Data Broker
TechDirt: “There are two major reasons that the U.S. doesn’t pass an internet-era privacy law or regulate data brokers despite a parade of dangerous scandals. One, lobbied by a vast web of interconnected industries with unlimited budgets, Congress is too corrupt to do its job. Two, the U.S. government is disincentivized to do anything because it exploits… Continue Reading
State of the Union
USA Facts: In Numbers – A nonpartisan, data-driven snapshot of the state of our union. “Article II of the US Constitution mandates that the president periodically inform Congress about the “state of the union,” including budget reports and legislative proposals. It is also a chance for the president to review their achievements, with not just… Continue Reading
LLRX February 2024 Issue
Articles and Columns for February 2024 Scam Baiting: An Innovative Approach to Combating Online Fraud – Kyra Strick AI in Banking and Finance, February 29, 2024 – Sabrina I. Pacifici Toward a durable, dictator-proof Washington Post – David H. Rothman What Happens to Your Sensitive Data When a Data Broker Goes Bankrupt? – Jon Keegan Publishing… Continue Reading
AI in Banking and Finance February 29, 2024
Via LLRX – AI in Banking and Finance February 29, 2024 – This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, 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,… Continue Reading
Pete Recommends – Weekly highlights on cyber security issues, March 2, 2024
Via LLRX – Pete Recommends – Weekly highlights on cyber security issues, March 2, 2024 – Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on… Continue Reading
Toward a durable, dictator-proof Washington Post
Via LLRX – Toward a durable, dictator-proof Washington Post – David H. Rothman’s timely, outside the box commentary addresses the growing wave of news outlets abruptly closing down their websites, laying off staff, and in some cases, eliminating access to their respective archives. Rothman proposes an alternative to “how do I charge them enough” to… Continue Reading
Corporate Tax Avoidance in the First Five Years of the Trump Tax Law
Institute on Taxation and Economic Policy: ” Download report data here – Executive Summary: “The tax overhaul signed into law by former President Donald Trump in 2017 cut the federal corporate income tax rate from 35 percent to 21 percent, but during the first five years it has been in effect, most profitable corporations paid considerably… Continue Reading
Amazon’s Big Secret
The Atlantic [unpaywalled] – “…Nearly 30 years after the company was founded, we still don’t really know where its profits come from. The answer will loom large in the antitrust case against it. Under SEC rules, public corporations must file quarterly reports disclosing revenue, expenses, profits, and other metrics. Initially, only company-wide data were required.… Continue Reading
Most & Least Ethnically Diverse Cities in the U.S. 2024
WallHub: “The U.S. today is a melting pot of cultures, thanks to increasing ethnic and racial diversification. If the trend continues, America will be more diverse than ever by 2045, at which point no single ethnic group will constitute the majority in the U.S. for the first time. But with immigration reform still a hot-button… Continue Reading
