Analysts Explore the Business Value of Generative AI at Gartner Data & Analytics Summit, July 29-30 in Sydney – At least 30% of generative AI (GenAI) projects will be abandoned after proof of concept by the end of 2025, due to poor data quality, inadequate risk controls, escalating costs or unclear business value, according to… Continue Reading
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Category Archives: Financial System
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
Pete Recommends – Weekly highlights on cyber security issues, August 24, 2024
Via LLRX – Pete Recommends – Weekly highlights on cyber security issues, August 24, 2024 – Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss, highlights articles and information that focus on… Continue Reading
Don’t trust Google for customer service numbers. It might be a scam.
Washington Post [unpaywalled]: “Scams just keep popping up when you Google. On Monday, I found what appeared to be impostors of customer service for Delta and Coinbase, the cryptocurrency company, in the “People also ask” section high up in Google. A group of people experienced in Google’s intricacies also said this week that it took… Continue Reading
Multinational Enterprise Information Platform
Annie Burns-Pieper] via Data is Plural: “The Multinational Enterprise Information Platform, a collaboration between the OECD and the UN Statistics Division, provides publicly sourced data on the 500 multinational corporations with the largest market capitalization. Its “Global Register” dataset examines the companies’ structure, listing each subsidiary’s name, parent company, address, alternative names, and various unique… Continue Reading
Biggest US companies warn of growing AI risk
FT.com [unpaywalled] – “Study finds more than half of Fortune 500 groups cited new technology as a potential hazard in their latest annual reports. More than half of the US’s biggest companies see artificial intelligence as a potential risk to their businesses, according to a new survey of corporate filings that highlights how the emerging… Continue Reading
The Economist US election forecast model
The Economist’s model of America’s presidential election estimates each major candidate’s chances of winning each state and the overall electoral college. Developed with a team of scholars at Columbia University, the forecast combines national and state-level polls with fundamental data about the state of the economy, historical voting patterns and the demographics of each state… Continue Reading
NationalPublicData.com Hack Exposes a Nation’s Data
Krebs on Security: “A great many readers this month reported receiving alerts that their Social Security Number, name, address and other personal information were exposed in a breach at a little-known but aptly-named consumer data broker called NationalPublicData.com. This post examines what we know about a breach that has exposed hundreds of millions of consumer… Continue Reading
Google, Amazon and Meta are proposing changes to climate laws that would allow them to hide their actual emission numbers
FT.com: “By its own account, Amazon is a green business leader. The world’s most visited online marketplace and leading cloud services provider says it hit its 100 per cent renewable energy goal seven years ahead of a self-imposed target. But by another, Amazon is a heavy polluter, emitting much more climate-warming greenhouse gases through its… Continue Reading
Hackers may have stolen the Social Security numbers of every American. How to protect yourself
LA Times via Yahoo: “…Data breaches have been so common over the years, some security experts say sensitive information about you is almost certainly available in the dark corners of the internet. And there are a lot of people capable of finding it; VPNRanks, a website that rates virtual private network services, estimates that 5… Continue Reading
Thousands of Corporate Secrets Were Left Exposed. This Guy Found Them All
Wired – Security researcher Bill Demirkapi found more than 15,000 hardcoded secrets and 66,000 vulnerable websites—all by searching overlooked data sources [unpaywalled]: “If you know where to look, plenty of secrets can be found online. Since the fall of 2021, independent security researcher Bill Demirkapi has been building ways to tap into huge data sources,… Continue Reading
