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

Category Archives: Economy

Digital twins — precise, virtual copies of machines or systems — are revolutionizing industry

nature – Virtual models boost smart manufacturing by simulating decisions and optimization, from design to operations, explain Fei Tao and Qinglin Qi.  “Digital twins — precise, virtual copies of machines or systems — are revolutionizing industry. Driven by data collected from sensors in real time, these sophisticated computer models mirror almost every facet of a… Continue Reading

Employers Used Facebook to Keep Women and Older Workers From Seeing Job Ads

Propublica – In a first, the U.S. Equal Employment Opportunity Commission has ruled that companies violated civil rights law through their use of Facebook’s targeting advertising. “Two years ago, ProPublica and The New York Times revealed that companies were posting discriminatory job ads on Facebook, using the social network’s targeting tools to keep older workers… Continue Reading

U.S. Role in the World: Background and Issues for Congress

CRS Report via FAS – U.S. Role in the World: Background and Issues for Congress, updated September 23, 2019: “The U.S. role in the world refers to the overall character, purpose, or direction of U.S. participation in international affairs and the country’s overall relationship to the rest of the world. The U.S. role in the… Continue Reading

UN Report on Climate Change 2019

United In Science – High-level synthesis report of latest climate science information convened by the Science Advisory Group of the UN Climate Action Summit 2019. September 22, 2019. Foreword by António Guterres, United Nations Secretary-General: “Climate change is the defining challenge of our time. This important document by the United Nations and global partner organizations,… Continue Reading

The Extended Corporate Mind: When Corporations Use AI to Break the Law

Diamantis, Mihailis, The Extended Corporate Mind: When Corporations Use AI to Break the Law (July 18, 2019). North Carolina Law Review, Vol. 97, Forthcoming . Available at SSRN: https://ssrn.com/abstract=3422429 or http://dx.doi.org/10.2139/ssrn.3422429 “Algorithms may soon replace employees as the leading cause of corporate harm. For centuries, the law has defined corporate misconduct — anything from civil… Continue Reading

Key facts about U.S. Hispanics and their diverse heritage

Pew – “The U.S. Hispanic population is diverse. These nearly 60 million individuals trace their heritage to Spanish-speaking countries in Latin America and to Spain, each with distinct demographic and economic profiles. But as migration patterns from Latin America change, the origins of U.S. Hispanics are beginning to shift. Here are key facts about how… Continue Reading

Bipartisan Report Shows Recent Government Shutdowns Cost Taxpayers Nearly $4 Billion, 56,938 Years of Lost Productivity

“U.S. Senators Rob Portman (R-OH) and Tom Carper (D-DE), the Chairman and Ranking Member of the Permanent Subcommittee on Investigations (PSI), today unveiled a new bipartisan report that documents the cost to American taxpayers of the last three government shutdowns and the impacts they had on the economy and core government functions.  The largest direct… Continue Reading

The Work of the Future: Shaping Technology and Institutions

MIT Taskforce on the Future of Work Fall 2019 – “…The world now stands on the cusp of a technological revolution in artificial intelligence and robotics that may prove as transformative for economic growth and human potential as were electrification, mass production, and electronic telecommunications in their eras. New and emerging technologies will raise aggregate… Continue Reading

GAO Spotlight – Blockchain & Distributed Ledger Technologies

“The technology that allows Bitcoin and other cryptocurrencies to function could profoundly change the way government and industry do business. Distributed ledger technology allows the secure transfer of digital assets without management by a central authority. Instead, participants share synchronized copies of a ledger that records assets and transactions. Changes are visible to all participants.… Continue Reading

Expert predicts 25% of colleges will “fail” in the next 20 years

CBSNews: “For the first time in 185 years, there will be no fall semester at Green Mountain College in western Vermont. The college, which closed this year, isn’t alone: Southern Vermont College, the College of St. Joseph, and Atlantic Union College, among others, have shuttered their doors, too. The schools fell victim to trends in… Continue Reading