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Science: “…The federal government has paused or terminated billions of dollars of grants, proposed slashing research funding by more than 40% for key research agencies in the next fiscal year, and tried—so far without success—to cut overhead payments to universities. Numbers released in May by the National Science Foundation (NSF) indicate that if Congress approves …
Changing the Game – Algorithmic Game Theory in Ransomware Negotiations – Ransomware attacks are a growing threat, inflicting significant operational, financial, and reputational damage on organizations worldwide. With attackers exploiting information asymmetry, traditional game theory negotiation strategies are inadequate in minimizing these risks. This paper by Jawad Ramal explores how Algorithmic Game Theory (AGT) can strengthen …
Bloomberg no paywall: “Climate change is already having an impact on companies around the world. Over half of the firms surveyed in a recent Morgan Stanley report experienced the climate’s impact on operations within the past year, including increased costs, worker disruption and revenue losses. The growing financial impacts are a key reason some companies …
“Stand Up for Science was born in February 2025—in the wake of devastating cuts to federal research funding and infrastructure, unprecedented government censorship of scientific work, and targeted attacks on diversity, equity, inclusion, and accessibility. Supported by a team of over 100 volunteers, we hosted over 30 official Stand Up for Science rallies on March …
The Atlantic no paywall: “…Over the days ahead, and then weeks, and then more weeks, I got pulled into a corner of modern existence that you are, of course, familiar with. You know it from dealing with your own car company, or insurance company, or health-care network, or internet provider, or utility provider, or streaming …
The New Republic: “Yes, Donald Trump is a threat to democracy. But the far bigger menace is the monstrous growth in wealth concentration over five decades that made a Trump presidency possible—and maybe inevitable. Here’s how we let it happen. Donald Trump is America’s first billionaire president. He entered the White House in 2017 with …
Ars Technica: “In another sign that the Trump White House is aggressively moving to slash NASA’s science programs, dozens of mission leaders have been asked to prepare “closeout” plans by the end of next week. The new directive came from NASA’s senior leadership on Monday, which is acting on behalf of the White House Office …
Corey Robin: “Now that Zohran Mamdani has won the New York City mayoral primary, the New York Times is asking the question, “Zohran Mamdani Says He’s a Democratic Socialist. What Does That Mean?” The article doesn’t provide much of an answer. Instead, it trots out my old bête noire, Sheri Berman, who offers up crisp …
Black Swans and Financial Stability: A Framework for Building Resilience, Daniel Barth and Stacey Schreft, June 2025. Federal Reserve Board. This article refines the concept of black swans, typically described as highly unlikely and catastrophic events, by clearly distinguishing between knowable and unknowable events. By emphasizing that black swans are “unknown unknowns,” the article highlights …
Via LLRX – AI In Finance and Banking, June 30, 2025: 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. Eight highlights from …
SciLight – Climate.gov Didn’t Fit Trump’s “Gold Standard.” Dismantling climate.gov is not an accident; it is a blueprint. Jacob Carter. Well, I didn’t expect confirmation so soon, but we now know how this administration will be using the “gold standard science” executive order (EO) and the subsequent OSTP guidance: to undo science that is politically …
SatPost by Trung Phan: “Mary Meeker — a leading Wall Street tech analyst during the 1990s turned widely-read VC — published her famous Internet Trends report for the first time since 2019. She came out of retirement with a 340-page slide deck because of the rise of generative AI. If you spend any time on …
