Category «Economy»

UC terminates subscriptions with Elsevier in push for open access to publicly funded research

UC Office of the President: “As a leader in the global movement toward open access to publicly funded research, the University of California is taking a firm stand by deciding not to renew its subscriptions with Elsevier. Despite months of contract negotiations, Elsevier was unwilling to meet UC’s key goal: securing universal open access to …

Subjects: Copyright, Economy, Education, Freedom of Information, Knowledge Management, Libraries

Life insurance industry using AI and social media to rate customer risk

The New Yorker: “Recent news that life insurers are now subject to a mild setback in the process for determining premiums might have been cheering if it didn’t come with a revelation that the actuaries of the world might be studying your Instagram feed. Last month, in a circular letter, the New York State Department …

Subjects: AI, Civil Liberties, Economy, Financial System, Health Care, Privacy, Social Media

Workism Is Making Americans Miserable

The Atlantic – For the college-educated elite, work has morphed into a religious identity—promising identity, transcendence, and community, but failing to deliver: “…The decline of traditional faith in America has coincided with an explosion of new atheisms. Some people worship beauty, some worship political identities, and others worship their children. But everybody worships something. And …

Subjects: Economy, Education, Financial System, Internet

Record Number of Robots Shipped in North America in 2018

Robotic Industries Association (RIA) stats show continued growth in food & consumer goods, plastics & rubber, life sciences and other sectors, while sales to automotive customers slow – “Robots shipped to North American companies in record numbers last year, with more non-automotive companies installing robots than ever before. Statistics from the Robotic Industries Association (RIA), …

Subjects: AI, Economy

Climate change impacts on fisheries

The New York Times: “Fish populations are declining as oceans warm, placing a crucial resource of food items and earnings at hazard for tens of millions of individuals all around the earth, in accordance to new investigate revealed Thursday. The research identified that the sum of seafood that people could sustainably harvest from a extensive …

Subjects: Civil Liberties, Economy, Environmental Law, Food and Nutrition

The mobility revolution may be here – is it too late?

Bloomberg BusinessWeek – This is what peak car looks like [see also the movement called peak oil]: “The automobile — once both a badge of success and the most convenient conveyance between points A and B — is falling out of favor in cities around the world as ride-hailing and other new transportation options proliferate …

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

Are Robots Competing for Your Job?

The New Yorker – Are Robots Competing for Your Job? Probably, but don’t count yourself out. [For decades the internet heralded the demise of librarians – now it is AI perhaps – but we will still think – not!] “..The old robots were blue-collar workers, burly and clunky, the machines that rusted the Rust Belt. …

Subjects: AI, Economy, Education, Knowledge Management, Legal Research, Libraries, Recommended Books

This is a chart about the world through the eyes of the US – 1900 to present

Pudding – Russell Goldenberg: “There is always that one country on our collective conscious, and I wanted to know how that has changed over time. So I turned to the newspaper, since headlines have long been the catalyst for daily conversations about what is going on in the world. Most of that content is still …

Subjects: Defense, Economy, Financial System, Knowledge Management

U.S. not in top 60 nations for equality for working women

World Bank – Moving towards gender equality: A new index looks at legal reforms to help women’s economic inclusion. Do you think the world is becoming more equal for women at work? The recently published Women, Business and the Law 2019: A Decade of Reform gives us some insight. While achieving gender equality requires a …

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

Treasury runs out of money in September unless Congress suspends debt ceiling

Federal Debt and the Statutory Limit, February 2019 – “The debt limit—commonly called the debt ceiling—is the maximum amount of debt that the Department of the Treasury can issue to the public or to other federal agencies. The amount is set by law and has been increased over the years to finance the government’s operations. …

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

You Do Not Need Blockchain: Eight Popular Use Cases And Why They Do Not Work

SmartDec – Ivan Ivanitskiy: “People are resorting to blockchain for all kinds of reasons these days. Ever since I started doing smart contract security audits in mid-2017, I’ve seen it all. A special category of cases is ‘blockchain use’ that seems logical and beneficial, but actually contains a problem that then spreads from one startup …

Subjects: Economy, Financial System, Knowledge Management

CRS Social Security Primer

Via FAS – Social Security Primer Updated, February 7, 2019 “Social Security provides monthly cash benefits to retired or disabled workers and their family members, and to the family members of deceased workers. Among the beneficiary population, almost 83% are retired or disabled workers; family members of retired, disabled, or deceased workers make up the …

Subjects: Economy, Government Documents