Category «Economy»

Seeing is no longer believing — the rise of deepfakes

ThomsonReuters: “Will an increasing amount of deepfakes — deceptive images, content, and videos often created by AI and floated on the internet — start making us doubt our own eyes? The most recent Indiana Jones movie shows actor Harrison Ford de-aged by 40-plus years. The movie makers used artificial intelligence to comb through all of …

Subjects: AI, Economy, Education, Internet, Knowledge Management

GAO – Federal Buildings Remain Underutilized

Federal Real Property – Preliminary Results Show Federal Buildings Remain Underutilized Due to Longstanding Challenges and Increased Telework, July 13, 2023. Testimony Before the Subcommittee on Economic Development, Public Buildings, and Emergency Management, Committee on Transportation and Infrastructure, House of Representatives: “Federal agencies have long struggled to determine how much office space they needed to …

Subjects: Economy, Energy, Government Documents

Cybersecurity Labeling Program for Smart Devices to Protect American Consumers

‘The Biden-Harris Administration today announced a cybersecurity certification and labeling program to help Americans more easily choose smart devices that are safer and less vulnerable to cyberattacks. The new “U.S. Cyber Trust Mark” program proposed by Federal Communications Commission (FCC) Chairwoman Jessica Rosenworcel would raise the bar for cybersecurity across common devices, including smart refrigerators, …

Subjects: Congress, Cybercrime, Cybersecurity, Economy, Government Documents

AI and Finance – July 15, 2023

Via LLRX, this new semi-monthly column by Sabrina I. Pacifici highlights news, government reports, industry white papers and academic papers on the subject of AI’s impact on the banking and finance sectors. July 15, 2023 Column – Chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Each …

Subjects: AI, Cybercrime, Cybersecurity, Economy, Financial System, Government Documents, Legal Research

Why Gen Z is flocking from Twitter to LinkedIn

Fast Company: ““The bird is freed,” tweeted Elon Musk on October 27, 2022.  But these days, the bird is not flying high with Gen Z. The recent Twitter acquisition has led to an exodus of Gen Z users flocking to other social media platforms—even to professional ecosystems like LinkedIn.  I know because I’m a member …

Subjects: Economy, Education, Internet, Knowledge Management, Social Media

Climate and the Economy

“What the numbers say: Between 1970 and 2021, climate-related disasters resulted in economic losses of around $4.3T, with tropical cyclones responsible for the highest portion of losses at 38%, closely followed by floods which accounted for 32%. Relevance: According to professional services firm Aon’s 2023 Weather, Climate, and Catastrophe Insight, economic losses from hurricanes increased …

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

Data scientists predict stock returns with AI and online news

Cornell Ann S. Bowers College of Computing and Information Science – “For years, the financial press has helped inform investors of all stripes. Cornell researchers have discovered it can also inform the algorithm behind a new financial predicting model.  In their paper, “News-Based Sparse Machine Learning Models for Adaptive Asset Pricing,” published in Data Science …

Subjects: AI, Economy, Education, Financial System, Knowledge Management

Corporate Climate Responsibility Monitor 2023

“The Corporate Climate Responsibility Monitor evaluates the transparency and integrity of companies’ climate pledges. Companies around the world are increasingly alert to the climate emergency. They face calls from a growing range of stakeholders to take responsibility for the impact of their activities. Most large companies now have public climate strategies and targets, many of …

Subjects: Climate Change, Economy, Financial System, Government Documents

Report – Meta and Tax Prep Companies “Recklessly” Shared Taxpayers’ Data

Elizabeth Warren: “Today I released a new 54-page report revealing that Big Tax Prep companies have recklessly shared personal and financial data of millions of taxpayers with Big Tech for years. Regulators need to fully investigate and prosecute those who violated the law… Via The MarkUp: “Meta and major tax preparation companies inappropriately shared millions …

Subjects: E-Records, Economy, Financial System, Government Documents, Legal Research, Privacy, Social Media