Pew – “The collapses in March of Silicon Valley Bank (SVB) and Signature Bank – two of the largest U.S. banks to fail since the Great Depression of the 1930s – have led some to wonder if the nation may be headed for a new widespread banking crisis.SVB, which catered to technology startups and venture capital firms, had more… Continue Reading
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Category Archives: Economy
Restraining ChatGPT
Pearce, Russell G. and Lochan, Hema, Legal Education and Technology: The Potential to Democratize Legal Knowledge and Power (March 13, 2023). Latin American Law Review n.º 10 (2023): 63-79, Fordham Law Legal Studies Research Paper No. 4387616, Available at SSRN: https://ssrn.com/abstract=4387616 “The current technological transformation of legal education, including computer-based, interactive, and online modes of… Continue Reading
The Socio-Economic Argument for the Human Right to Internet Access
The Socio-Economic Argument for the Human Right to Internet Access, Politics Philosophy & Economics (2023). DOI: 10.1177/1470594X231167597 PHSY.org: “People around the globe are so dependent on the internet to exercise socioeconomic human rights such as education, health care, work, and housing that online access must now be considered a basic human right, a new study… Continue Reading
What if ChatGPT was trained on decades of financial news and data?
NiemanLab: “BloombergGPT aims to be a domain-specific AI for business news. The news and data giant has — with a relatively small team — built a generative AI that it says outperforms the competition on its own specific information needs. If you were going to predict which news company would be the first out with… Continue Reading
The State of Remote Work: 5 Trends to Know for 2023
Cision PR Newswire: “The sudden shift to remote and hybrid work spurred significant change for employers, employees and job seekers. But after several years of adjusting, where do they stand when it comes to working in the office versus anywhere? New research from talent solutions and business consulting firm Robert Half reveals five remote work… Continue Reading
Wolters Kluwer Offers Free Bank Failures Toolkit for Corporate Counsel
LawSites: “In the wake of the recent failures of Silicon Valley Bank and Signature Bank, Wolters Kluwer Legal & Regulatory U.S. has launched a new resource, intended for corporate legal departments, that provides a collection of guides and checklists to help companies avoid a bank failure and take action when a failure occurs, as well as… Continue Reading
Reforming federal procurement and acquisitions policies
Brookings: “The federal government purchases around $665 billion in goods and services each year from outside contractors, which is 10% of its $6.5 trillion budget. This includes items such as building and construction, office furniture and supplies, industrial products, professional services, information technology, defense equipment, security systems, transportation, logistical support, travel, meals, and lodging, among… Continue Reading
Americans feel favorably about many federal agencies, especially the Park Service, Postal Service and NASA
Pew: “As President Joe Biden and the new Republican majority in the U.S. House of Representatives face off over the debt ceiling and government spending, more Americans say they have favorable than unfavorable opinions of many agencies and departments of the federal government. Americans view 14 of 16 federal agencies more favorably than unfavorably, according… Continue Reading
Generative AI may play a big role in recruiting
Tech Republic: “Tech recruiters have to keep in mind talent shortages, layoffs, budget cuts and economic uncertainty, as well as diversity, equity and inclusion mandates. Suffice it to say, it’s not an easy time to be a recruiter. But LinkedIn’s The Future of Recruiting 2023 report finds that generative AI tools such as ChatGPT may… Continue Reading
How to avoid sticker shock on prescriptions
Consumer Reports via Washington Post: “Do you experience sticker shock when you’re at a pharmacy to fill prescriptions? Many older people say they have. Eleven percent of Americans 65 and older — 6 million people — report that they or a loved one have skipped prescribed meds to save money, according to a 2021 Gallup… Continue Reading
How data insights can solve geographic inequity, build regional economies
GCN – The Commerce Department’s Regional Economic Research Initiative will provide accessible data tools, visualizations and expert services help to federal, state, local and tribal decision-makers better understand what kind of projects will promote growth: “A new data initiative aims to increase the understanding of local regional economies and help them compete. The Department of… Continue Reading
Biden Urges Regulators to Reverse Trump Weakening of Safeguards and Supervision for Large Regional Banks
FACT SHEET: “President Biden Urges Regulators to Reverse Trump Administration Weakening of Common-Sense Safeguards and Supervision for Large Regional Banks…As the President said when his administration announced actions to stabilize the banking system, he is committed to “continuing our efforts to strengthen oversight and regulation of larger banks so that we are not in this position again.”… Continue Reading
