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Category Archives: Economy

Your résumé isn’t the only thing popular job sites evaluate

Washington Post: “…Job seekers…say they’re increasingly struggling to find positions and cut through the hundreds of applications targeted at one job on popular sites like Indeed, ZipRecruiter and LinkedIn. Many are convinced that job-matching features powered by artificial intelligence on these sites don’t always work in their favor. In some instances, AI recommendation systems are… Continue Reading

The Problem With Plastics

Information is Beautiful: Why plastic recycling does not work. Sources: Geyer at al, “Production, use, and fate of all plastics ever made” (Sci Adv 2017) Credits: Research & design: David McCandless Data: View the data Source: “Production, use, and fate of all plastics ever made” Geyer et al., Sci Adv, 2017 (data) n.b. These numbers… Continue Reading

IRS Launches Paperless Processing Initiative

“Taxpayers will have the option to go paperless for IRS correspondence by 2024 Filing Season, IRS to achieve paperless processing for all tax returns by Filing Season 2025. IRS Paperless Processing Initiative will eliminate up to 200 million pieces of paper annually, cut processing times in half, and expedite refunds by several weeks. Paper-based processes… Continue Reading

Embracing Artificial Intelligence in the Legal Landscape: The Blueprint

Tąkiel, Maciej and Wagner, Dominik and Maksym, Błazej and Tarczyński, Tomasz, Embracing Artificial Intelligence in the Legal Landscape: The Blueprint (June 22, 2023). Available at SSRN: https://ssrn.com/abstract=4488199 or http://dx.doi.org/10.2139/ssrn.448819 “This innovative case study outlines a blueprint for strategic transformation based on the example of a real-life law firm operating in Germany, using AI tools and… Continue Reading

Fortune Global 500

“The corporations on our annual list of the world’s largest companies showed their muscle in 2022, delivering record-high aggregate revenues of $41 trillion. But the Fortune Global 500 has been anything but static, as technological change and scientific breakthroughs threaten established leaders and elevate new winners. Walmart remains No. 1 for the 10th consecutive year,… Continue Reading

We’re now finding out the damaging results of the mandated return to the office

Fortune: “And it’s not a pretty picture. A trio of compelling reports—the Greenhouse Candidate Experience report, the Federal Reserve’s Survey of Household Economics and Decisionmaking (SHED), and Unispace’s Returning for Good report—collectively paint a stark picture of this brewing storm. Unispace found that nearly half (42%) of companies with return-to-office mandates witnessed a higher level… Continue Reading

How governments are looking to regulate AI

Economist Intelligence – EIU: The EU has taken the lead with the strictest rules, which will have the biggest impact globally Chinese rules are also strict, but their impact is domestic, and geared towards keeping control and power with the ruling party The US favours innovation, and its political system hinders any attempt at regulation,… Continue Reading

Clothed in chemicals: A new book sheds light on the toxic substances we wear daily

Grist, Joseph Winters – A Q&A on the fashion industry’s toxic chemicals problem — and how we can protect ourselves. “Modern clothing is a technological marvel — it’s brighter than ever, more flame-resistant, more water-repellent. It’s also often toxic. The properties we’ve come to know and expect stem from fossil fuel-derived chemicals that, according to… Continue Reading

Record-breaking heat: visualizing the effects of the climate crisis

Flourish: “We explored rising temperatures and their impact through interactive data visualizations.Summer has only just started and the world’s warmest day since records began was hit last week, the UK has recorded the hottest June in history, several countries in Asia saw some of the highest temperatures to date and wildfires are raging across Canada.… Continue Reading

Belts and Suspenders: Analysis of Large Bank Capital Standards

CRS Report – Belts and Suspenders: Analysis of Large Bank Capital Standards, July 26, 2023: ” One way regulators ensure that banks operate in a safe and sound manner is by establishing capital requirements that banks must meet. Bank capital serves as a layer of protection against losses, and in doing so it promotes public… Continue Reading

How Hedge Fund Managers Are Using ChatGPT

The Rise of AI Assistants: Hedge Fund Managers and ChatGPT: “A flash survey by the Capital Introduction team provides insight into the use and impact of ChatGPT within the asset management sector. BNP Paribas’ Capital Introduction team flash surveyed its’ manager community regarding the use and impact of Artificial Intelligence through ChatGPT (Chat Generative Pre-Trained… Continue Reading