Category «Economy»

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 …

Subjects: AI, Courts, Economy, Government Documents, Internet, Knowledge Management, Legal Research

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, …

Subjects: Climate Change, Economy, Energy, Environmental Law, Financial System, Food and Nutrition, Health Care

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 …

Subjects: Economy, Financial System, Health Care, Transportation

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, …

Subjects: AI, Civil Liberties, Congress, Economy, EU Data Protection, Financial System, Government Documents, Legal Research, Legislation

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 …

Subjects: E-Commerce, Economy, Education, Environmental Law, Government Documents

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. …

Subjects: Climate Change, Economy, Environmental Law, Health Care

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 …

Subjects: Economy, Financial System, Government Documents, Legal Research

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 …

Subjects: AI, Economy, Financial System

Biden administration launches new income-driven student debt repayment plan

Fact Sheet via WH: “Federal Student Aid, a part of the U.S. Department of Education, is the largest provider of student financial aid in the nation. At the office of Federal Student Aid, our more than 1,400 employees help make college education possible for more than 10 million students each year. Federal Student Aid is …

Subjects: E-Government, Economy, Education, Financial System, Legislation

Decentralized Autonomous Organizations (DAO) 2023

Via LLRX – Decentralized Autonomous Organizations (DAO) 2023 – As stated by Ethereum, “a DAO is a collectively-owned, blockchain-governed organization working towards a shared mission.” Marcus P. Zillman features resources on how DAOs can impact business operations, identifies challenges to participation, and delivers a diverse bibliography of NFT resources that includes governance, regulation, blockchain and …

Subjects: Blockchain, Economy, Financial System, Knowledge Management, Legal Research

Millions of pensions at risk because investment consultants overlook threat of climate tipping points

Carbon Tracker: “Financial institutions, banks and politicians misled by ‘flawed’ economic research. Pension funds are risking the retirement savings of millions of people by relying on economic research that ignores critical scientific evidence about the financial risks embedded within a warming climate, warns a report released today by Professor Steve Keen – Loading the DICE …

Subjects: Climate Change, Economy, Environmental Law, Financial System

Generative AI and the future of work in America

McKinsey Report, July 26, 2023 Generative AI and the future of work in America During the pandemic (2019–22), the US labor market saw 8.6 million occupational shifts, 50 percent more than in the previous three-year period. Most involved people leaving food services, in-person sales, and office support for different occupations. By 2030, activities that account …

Subjects: AI, Climate Change, Economy, Environmental Law, Financial System, Legal Research