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AI in Finance and Banking, August 30, 2024

Via LLRX. AI in Finance and Banking, August 30, 2024 This semi-monthly column by Sabrina I. Pacifici highlights news, government reports, 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, and as… Continue Reading

Wiley set to earn $44m from AI rights deals, ‘no opt-out’ for authors

The Bookseller: “Academic publisher Wiley has revealed it is set to make $44 million (£33 million) from Artificial Intelligence (AI) partnerships that it is not giving authors the opportunity to opt-out from.  The US publisher is the latest to capitalise on deals to give tech firms access to its authors’ content to train their Large… Continue Reading

Major Publishers Sue Florida Over Banned School Library Books

“Penguin Random House, Hachette Book Group, HarperCollins Publishers, Macmillan Publishers, Simon & Schuster, and Sourcebooks have filed a lawsuit against Florida public officials, challenging sweeping book removal provisions of HB 1069, an education law that restricts books in school libraries. The additional plaintiffs joining the publishers are the Authors Guild, bestselling authors Julia Alvarez, Laurie… Continue Reading

How safe is telegram?

Proton VPN Blog: “News that Telegram(new window) founder and CEO Pavel Durov has been arrested(new window) and charged on a wide range of charges(new window), including fraud, drug trafficking, organized crime, and the promotion of terrorism, has thrown a spotlight on the unmoderated nature of the controversial messaging platform. But is Telegram safe to use?… Continue Reading

Americans’ Experiences With Local Crime News

“This is the third report in a series focused on local news. Read our first report, “Americans’ Changing Relationship With Local News,” and our second report, “How Americans Get Local Political News.”  Crime has long been a major area of focus in local news coverage. In fact, more Americans get news and information about crime than… Continue Reading

Researchers use AI to map drought-prone regions in Canada

National Drought Mitigation Center: “Drought is a significant threat to Canada’s agriculture, water resources and ecosystems. A recent study by the University of Ottawa and Laval University uses Artificial Intelligence to map drought-prone regions in the country. By using deep-learning techniques and data from the Canadian Drought Monitor and ERA5-Land, the study provides an analysis… Continue Reading

When A.I.’s Output Is a Threat to A.I. Itself

The New York Times – As A.I.-generated data becomes harder to detect, it’s increasingly likely to be ingested by future A.I., leading to worse results. ” The internet is becoming awash in words and images generated by artificial intelligence. Sam Altman, OpenAI’s chief executive, wrote in February that the company generated about 100 billion words… Continue Reading

Climate change: IPCC report is ‘code red for humanity’

“Human-induced climate change is already affecting many weather and climate extremes in every region across the globe. Scientists are also observing changes across the whole of Earth’s climate system; in the atmosphere, in the oceans, ice floes, and on land. Many of these changes are unprecedented, and some of the shifts are in motion now,… Continue Reading

Canada’s Record-breaking 2023 Wildfires

World Resources Institute – Released Nearly 4 Times More Carbon than Global Aviation– “Canada’s 2023 wildfires made international headlines, causing billions of dollars in property damage, displacing thousands of people from their homes, and spewing air pollution that traveled as far as Europe and China. A new analysis shows that the wildfires also had a… Continue Reading

Consumer Reports survey: Many Americans concerned about AI, algorithms

Washington, DC – “A new nationally representative Consumer Reports survey  explores Americans’ attitudes toward artificial intelligence (AI) and algorithmic decision-making. The survey found that a majority of Americans are uncomfortable about the use of AI and algorithmic decision-making technology around major life moments as it relates to housing, employment, and healthcare. CR conducted this multi-mode… Continue Reading

U.S. will again offer free at-home Covid tests starting in late September

CNBC: “The Biden administration on Friday said it will resume offering free at-home Covid-19 tests to American households in late September as the virus has gained a stronger foothold in the U.S. this summer. Americans will soon be able to use COVIDtests.gov to request four free tests, administration officials told reporters during a briefing. The… Continue Reading