Category «Economy»

LLRX June 2023 Issue

LLRX June 2023 Issue – Articles and Columns for June 2023 Brevity is the Soul of Profit: What Lawyers Need to Know About Executive Summaries – Elizabeth Southerland – The purpose of an executive summary is to boil this down to a few sentences that tell the leader what they want to know. AI and …

Subjects: AI, Economy, Financial System, Government Documents, Health Care, Internet, Knowledge Management, Legal Research, Privacy, Social Media

Human health depends on thriving oceans

The Lancet, June 7, 2023: Human health depends on thriving oceans: “Healthy oceans, from coastal waters to remote high seas and deep seabed areas, are integral to human health, wellbeing, and survival. Covering over 71% of the Earth’s surface, the oceans serve as an essential carbon sink. Oceans also regulate climate-associated human health risks between …

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

Generative AI Raises Competition Concerns

“Generative AI has the potential to rapidly transform the way we live, work, and interact. Within just a few months, generative AI chatbots and applications have launched and scaled across industries and reached hundreds of millions of people. AI is increasingly becoming a basic part of daily life. Generative AI depends on a set of …

Subjects: AI, E-Commerce, Economy, Financial System, Intellectual Property, Legal Research

AI and the Financial System – June 28, 2023

AI and the Financial System – June 28, 2023 – This column by Sabrina I. Pacifici highlights the fast paced impact of AI on many facets of the global financial system. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Each entry includes the publication name, …

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

How Often Do Health Insurers Say No to Patients?

ProPublica: “It’s one of the most crucial questions people have when deciding which health plan to choose: If my doctor orders a test or treatment, will my insurer refuse to pay for it? After all, an insurance company that routinely rejects recommended care could damage both your health and your finances. The question becomes ever …

Subjects: Congress, E-Records, Economy, Health Care, Legislation, Medicine

Key Terms for AI Governance

Published: June 2023 – “The field of artificial intelligence is rapidly evolving across different sectors and disparate industries, leaving business, technology and government professionals without a common lexicon and shared understanding of terms and phrases used in AI governance. Even a search to define “artificial intelligence” returns a range of definitions and examples. From the …

Subjects: AI, Economy, Financial System, Internet, Knowledge Management, Legal Research

Is A Crypto Collapse Inevitable?

Via LLRX – Is A Crypto Collapse Inevitable? – Jerry Lawson and Elizabeth Southerland identify technical reasons why the crypto bubble is bursting, including the fact that theoretically unbreakable encryption schemes like those underpinning blockchain have proven to be less than impermeable in practice, as users of Coinbase discovered upon losing fortunes. Attackers go after the weakest …

Subjects: Cryptocurrency, Cybercrime, Cybersecurity, Economy, Financial System, Legal Research

ChatGPT and Generative AI in Legal, Corporate & Tax Markets

Thomson Reuters 2023 Future of Professionals: ChatGPT and Generative AI in Legal, Corporate & Tax Markets, June 2023 [24 pages, PDF]: “As generative AI started taking hold, the Thomson Reuters Institute has begun to catalog and measure generative AI usage and attitudes in the legal and tax industries. The first report examined generative AI within …

Subjects: AI, Economy, Financial System, Internet, Knowledge Management, Legal Research

Data Act: Commission welcomes political agreement on rules for a fair and innovative data economy

European Commission: “The Commission welcomes the political agreement reached today between the European Parliament and the Council of the EU, on the European Data Act, proposed by the Commission in February 2022. Today, the Internet of Things (IoT) revolution fuels exponential growth with projected data volume set to skyrocket in the coming years. A significant …

Subjects: Economy, EU Data Protection, Financial System, Government Documents, Internet, Knowledge Management, Legal Research, Privacy

Global income deciles

Kanishka B. Narayan et al. “present a consistent dataset of income distributions across 190 countries from 1958 to 2015 measured in terms of net income.” Where net income statistics were unavailable, the authors imputed the deciles from consumption data or the country’s Gini coefficient. Their paper also provides a comparison of their dataset to the …

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

Artificial Intelligence, Big Data, Algorithmic Management, and Labor Law

Kim, Pauline, Artificial Intelligence, Big Data, Algorithmic Management, and Labor Law (June 12, 2023). Forthcoming in The Oxford Handbook of the Law of Work, eds Guy Davidov, Brian Langille, and Gillian Lester (2024) , Washington University in St. Louis Legal Studies Research Paper No. 23-06-01, Available at SSRN: https://ssrn.com/abstract=4476552 – “Employers are increasingly relying on …

Subjects: AI, Civil Liberties, Economy, Legal Research, Privacy

An Aggressive Supreme Court Reshapes the US as Its Standing Erodes

Bloomberg – free link: “A conservative supermajority is remaking US laws on the environment, health and firearms, even as public confidence declines and ethical questions grow. The Supreme Court, in the midst of a run of decisions that have stress-tested the core principles of US democracy, has rarely been so aggressive in using its powers — …

Subjects: Civil Liberties, Congress, Courts, Economy, Financial System, Government Documents, Health Care, Legal Research