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The New York Times – “Almost a decade ago, Warren Buffett made a claim that would become famous. He said that he paid a lower tax rate than his secretary, thanks to the many loopholes and deductions that benefit the wealthy. His claim sparked a debate about the fairness of the tax system. In the …
“A Consumer Reports analysis of cable bills found that companies add $37.11 per month in fees to the average bill, raising consumers’ actual costs way above the advertised prices. The $37.11 “in fees created by the cable industry” add 24% to the average base price of $156.71 a month, Consumer Reports said. That doesn’t include …
GAO WatchBlog: “GAO has launched a new line of science and tech quick reads, 2-pagers providing brief overviews of key topics in the field. To complement our more in-depth evaluations and assessments, these “Science & Tech Spotlights” summarize emerging innovations and the relevant policy context. In today’s WatchBlog we provide a thumbnail sketch of the …
López de Prado, Marcos, Ten Applications of Financial Machine Learning (September 22, 2019). Available at SSRN: https://ssrn.com/abstract=3365271 or http://dx.doi.org/10.2139/ssrn.3365271 “This article reviews ten notable financial applications where ML has moved beyond hype and proven its usefulness. This success does not mean that the use of ML in finance does not face important challenges. The main …
The New York Times – “…The conventional wisdom is that computer science and engineering majors have better employment prospects and higher earnings than their peers who choose liberal arts. This is true for the first job, but the long-term story is more complicated. The advantage for STEM (science, technology, engineering and mathematics) majors fades steadily …
“The world’s 500 largest companies generated $32.7 trillion in revenues and $2.15 trillion in profits in 2018. Together, this year’s Fortune Global 500 companies employ 69.3 million people worldwide and are represented by 34 countries. Click here to view past years’ lists: 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 InteractiveVisualize the Global …
nature – Virtual models boost smart manufacturing by simulating decisions and optimization, from design to operations, explain Fei Tao and Qinglin Qi. “Digital twins — precise, virtual copies of machines or systems — are revolutionizing industry. Driven by data collected from sensors in real time, these sophisticated computer models mirror almost every facet of a …
Propublica – In a first, the U.S. Equal Employment Opportunity Commission has ruled that companies violated civil rights law through their use of Facebook’s targeting advertising. “Two years ago, ProPublica and The New York Times revealed that companies were posting discriminatory job ads on Facebook, using the social network’s targeting tools to keep older workers …
CRS Report via FAS – U.S. Role in the World: Background and Issues for Congress, updated September 23, 2019: “The U.S. role in the world refers to the overall character, purpose, or direction of U.S. participation in international affairs and the country’s overall relationship to the rest of the world. The U.S. role in the …
United In Science – High-level synthesis report of latest climate science information convened by the Science Advisory Group of the UN Climate Action Summit 2019. September 22, 2019. Foreword by António Guterres, United Nations Secretary-General: “Climate change is the defining challenge of our time. This important document by the United Nations and global partner organizations, …
Diamantis, Mihailis, The Extended Corporate Mind: When Corporations Use AI to Break the Law (July 18, 2019). North Carolina Law Review, Vol. 97, Forthcoming . Available at SSRN: https://ssrn.com/abstract=3422429 or http://dx.doi.org/10.2139/ssrn.3422429 “Algorithms may soon replace employees as the leading cause of corporate harm. For centuries, the law has defined corporate misconduct — anything from civil …
Consumer Reports – [Note – this is FYI only, not a recommendation or advice] – Here’s what you need to do to make a clean break with AT&T, Sprint, T-Mobile, and Verizon – “If you’re looking to save money, shopping for a new cell-phone plan is a great way to do it. As I discovered …
