Category «Economy»

Why you shouldn’t count on humans to prevent AI hiring bias

No Thoughts Just AI: Biased LLM Hiring Recommendations Alter Human Decision Making and Limit Human Autonomy. Kyra Wilson, Mattea Sim, Anna-Maria Gueorguieva1, Aylin Caliskan. Proceedings of the Eighth AAAI/ACM Conference on AI, Ethics, and Society (AIES2025): “Despite bias in artificial intelligence (AI) being a risk of their use in hiring systems, there is no large-scale …

Subjects: AI, Censorship, Civil Liberties, E-Records, Economy, Knowledge Management, Legal Research, Search Engines

New Public Database Brings Transparency to AI Tools Used in Hiring

“Artificial intelligence is increasingly shaping how people are hired, yet few understand how these systems actually work. A new project from Sloane Lab at the University of Virginia School of Data Science and College of Arts and Sciences aims to change that. On November 6, the Talent Acquisition and Recruiting AI (TARAI) Index—a first-of-its-kind, public, …

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

Major insurers move to avoid liability for AI lawsuits as multi-billion dollar risks emerge

Tom’s Hardware: “Major insurers are moving to ring-fence their exposure to artificial intelligence failures, after a run of costly and highly public incidents pushed concerns about systemic, correlated losses to the top of the industry’s risk models. According to the Financial Times, AIG, WR Berkley, and Great American have each sought regulatory clearance for new …

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

How the Internet Rewired Work and What That Tells Us About AI’s Likely Impact

WSJ vai MSN: “Remember when America Online CDs carpeted America and “You’ve got mail” felt like the future? The internet did transform work—but not the way 1998 thought. The surprises weren’t just CEOs in hoodies and legions of coders. They were barbers with booking links, nurses on telehealth, and delivery jobs by the hundreds of …

Subjects: Economy, Education, Internet, Knowledge Management, Legal Research

DOGE ‘doesn’t exist’ – with eight months left on its charter

Follow up to The DOGE Has Arrived and The Story of DOGE, as Told by Federal Workers – see Reuters: “President Donald Trump’s Department of Government Efficiency has disbanded with eight months left to its mandate, ending an initiative launched with fanfare as a symbol of Trump’s pledge to slash the government’s size but which …

Subjects: Censorship, Civil Liberties, E-Government, Economy, Education, Financial System, Government Documents, Internet, Knowledge Management, Legal Research

Nursing Excluded as ‘Professional’ Degree By Department of Education

Nurse.org – The U.S. Department of Education has officially excluded nursing in its recently revamped definition of “professional degree” programs. This change occurs as part of the implementation of President Trump’s “One Big Beautiful Bill Act” (OBBBA) and has nursing organizations nationwide raising alarms. Graduate nursing students will lose access to higher federal loan limits previously …

Subjects: Censorship, Congress, Economy, Education, Financial System, Government Documents, Legislation

Former CFPB Enforcement Leaders Launch Strategic Litigation Project

“Three enforcement leaders formerly at the Consumer Financial Protection Bureau (CFPB) are joining Protect Borrowers as senior fellows to launch a strategic enforcement project focusing on the weaponization of corporate power that is plunging working people into financial crisis. Eric Halperin, Cara Petersen, and Tara Mikkilineni bring decades of enforcement, litigation, and civil rights experience …

Subjects: Civil Liberties, Economy, Financial System, Legal Research

Wyden Releases New Analysis Detailing How Top JPMorgan Chase Executives Enabled Epstein’s Sex Trafficking Operation

“Senator Ron Wyden, an Oregon Democrat, wants to examine how the nation’s largest bank handled the reporting of more than $1 billion in suspicious transactions. The top Democrat on the Senate Finance Committee issued a report on Thursday calling for an investigation into whether JPMorgan Chase deliberately underreported more than $1 billion in suspicious transactions …

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

The Majority AI View

Anil Dash – “Even though AI has been the most-talked-about topic in tech for a few years now, we’re in an unusual situation where the most common opinion about AI within the tech industry is barely ever mentioned. Most people who actually have technical roles within the tech industry, like engineers, product managers, and others …

Subjects: AI, Economy, Education, Financial System, Health Care, Internet, Knowledge Management, Legal Research, Search Engines

AI in Finance and Banking, November 15, 2025

Via LLRX – AI in Finance and Banking, November 15, 202 – This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, conferences, industry white papers and reports, academic papers and speeches, and central bank actions on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided …

Subjects: AI, Economy, Financial System, Legal Research

IOSCO Publishes Final Report On Financial Asset Tokenization

Traders Magazine: “The International Organization of Securities Commissions (IOSCO) has published its Final Report on the Tokenization of Financial Assets. The financial sector has been actively exploring distributed ledger technology (DLT) to deliver services and tokenize financial assets. While tokenization may enhance efficiency and transparency, it also introduces new risks — or amplifies existing ones …

Subjects: Economy, Financial System, Legal Research