IEEE Standards Association – Prioritizing People and Planet as the Metrics for Responsible AI. Ethically Aligned Design for Business. “You may be aware of the term responsible artificial intelligence (AI). Perhaps you are already using a methodology for your AI design based on European regulations to avoid risk. Or you are working to help ensure… Continue Reading
Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002
Category Archives: Economy
Can you trust AI? Here’s why you shouldn’t
Via LLRX – Can you trust AI? Here’s why you shouldn’t – Security expert Bruce Schneier and data scientist Nathan Sanders believe that people who come to rely on AIs will have to trust them implicitly to navigate daily life. That means they will need to be sure the AIs aren’t secretly working for someone… Continue Reading
Biden admin launches new income-driven student loan repayment program
The Hill: “The Biden administration officially launched the new income-driven student loan repayment plan for borrowers Tuesday, ahead of repayments restarting this fall. The official launch of the Saving on a Valuable Education (SAVE) plan comes just weeks before interest will begin to accrue on student loans for the first time in more than three… Continue Reading
Thomson Reuters Future of Professionals Report
“Thomson Reuters a global content and technology company, today released its Future of Professionals Report. The survey of more than 1,200 individuals working internationally shares the predicted impact that generative AI will have on the future of professional work. The survey showed 67% of respondents believe AI will have a transformational or high impact on… Continue Reading
The Authors Whose Pirated Books Are Powering Generative AI
The Atlantic [free link]: “One of the most troubling issues around generative AI is simple: It’s being made in secret. To produce humanlike answers to questions, systems such as ChatGPT process huge quantities of written material. But few people outside of companies such as Meta and OpenAI know the full extent of the texts these… Continue Reading
The future of work is AI-enhanced and remote
Computer World – “Two of the biggest unresolved questions in business this year are whether remote work is here to stay and how AI will affect jobs. We’re starting to get some clues about the answers. Some claim the pandemic is over and it’s time for employees to return to the office; others argue that… Continue Reading
Revising the Analytic Framework for Assessing Financial Stability Risk
Letters to FSOC in Support of Increased Supervision of Nonbank Companies, Revising the Analytic Framework for Assessing Financial Stability Risk View or download a PDF of the full technical letter and coalition letter. “AFREF submitted comment letters to the Financial Stability Oversight Council (FSOC) on two proposals that would strengthen its toolbox for addressing threats… Continue Reading
Extreme Temperature Diary
Guy on Climate [Meteorologist Guy Walton]: Extreme Temperature Diary – Wednesday August 16th, 2023/Main Topic: “The main purpose of this ongoing blog will be to track planetary extreme, or record temperatures related to climate change. Any reports I see of ETs will be listed below the main topic of the day. I’ll refer to Main… Continue Reading
Learn as you search and browse using generative AI
Google Blog: “Today, we’re sharing a few more upgrades to SGE to help you better learn and make sense of information on the web: whether it’s deepening your understanding of complicated concepts, boosting your coding skills or tracking down details within a complex topic. See definitions within AI-generated responses – When you’re researching something new,… Continue Reading
AI in Banking and Finance, August 15, 2023
Via LLRX – AI in Banking and Finance, August 15, 2023 – This semi-monthly column by Sabrina I. Pacifici highlights news, government and regulatory documents and industry white papers as well as academic papers on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary… Continue Reading
The Corporatist Foundations of Financial Regulation
Harvard Law School Forum on Corporate Governance. David T. Zaring is the Elizabeth F. Putzel Professor of Legal Studies & Business Ethics at the University of Pennsylvania. This post is based on his recent paper, published in the Iowa Law Review. “Nobody should feel sorry for banks, necessarily, but they labor under heavy, and in… Continue Reading
Your forgetting to cancel one of many subscriptions is big business
Fortune – Study finds up to 200% sales boost from pure absentmindedness. “Subscription models for goods have become so widespread, it’s possible to live an entire life without permanently owning anything. Thank the subscription economy, kick-started over a decade ago by the likes of Netflix, Spotify, Blue Apron, and Uber, and today encompassing nearly every… Continue Reading
