Category «Economy»

How the World Wide Web Gets Spun Out of Thin Air

The Washington Post [unpaywalled]: “The World Wide Web might sound metaphorical, but it’s actually grounded in a physical web of translucent glass filaments crisscrossing the globe. These fiber-optic cables transmit internet data through tiny beams of light, making it possible for us to be online. They run under oceans and across deserts. It is the …

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

US government wants to make it easier for you to click the ‘unsubscribe’ button

“Today, President Biden and Vice President Harris are launching “Time Is Money,” a new governmentwide effort to crack down on all the ways that corporations—through excessive paperwork, hold times, and general aggravation—add unnecessary headaches and hassles to people’s days and degrade their quality of life. Americans are tired of being played for suckers, and President …

Subjects: E-Commerce, E-Mail, E-Records, Economy, Privacy

Figures and insights from Harvard Undergraduate Survey on Generative AI

Harvard Undergraduate Survey on Generative AI – Shikoh Hirabayashi, Rishab Jain, Nikola Jurković, Gabriel Wu. “How has generative AI impacted the experiences of college students? We study the influence of AI on the study habits, class choices, and career prospects of Harvard undergraduates (n=326), finding that almost 90% of students use generative AI. For roughly …

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

Thousands of Corporate Secrets Were Left Exposed. This Guy Found Them All

Wired – Security researcher Bill Demirkapi found more than 15,000 hardcoded secrets and 66,000 vulnerable websites—all by searching overlooked data sources [unpaywalled]: “If you know where to look, plenty of secrets can be found online. Since the fall of 2021, independent security researcher Bill Demirkapi has been building ways to tap into huge data sources, …

Subjects: Cybercrime, Cybersecurity, E-Mail, E-Records, Economy, Financial System, Legal Research, Privacy

Mainframes Find New Life in AI Era

WSJ via MSN:  “Banks, insurance providers and airlines still find uses, including artificial intelligence, for the large computers that have been around for decades The industrial-strength mainframe computer, invented decades ago for heavy-duty data processing, is proving its staying power even as next-generation artificial intelligence takes center stage. The two are interconnected: Banks, insurance providers …

Subjects: AI, Economy, Energy, Financial System, Knowledge Management

Pandemic-Era Liquid Wealth Is Running Dry

Federal Reserve Bank of San Francisco: “Households accumulated more liquid assets beginning in 2020 than would have been expected without the pandemic. These “extra” liquid assets have dissipated, but their evolution has differed significantly by income group. While middle- and lower-income households hold substantially less liquid wealth than implied by pre-pandemic projections, the level for …

Subjects: Economy, Financial System

How Close Are the Planet’s Climate Tipping Points?

The New York Times – article and visualizations [unpaywalled]: “Earth’s warming could trigger sweeping changes in the natural world that would be hard, if not impossible, to reverse. Right now, every moment of every day, we humans are reconfiguring Earth’s climate bit by bit. Hotter summers and wetter storms. Higher seas and fiercer wildfires. The …

Subjects: Climate Change, Economy, Environmental Law, Food and Nutrition, Poverty

Greedflation Report

“U.S. Sen. Bob Casey released his latest “greedflation” report on Wednesday, and this time it takes aim at popular streaming platforms such as Netflix, Hulu, Amazon Prime, and more. This time, Casey is highlighting what he calls “streamflation,” which happens when streaming platforms hike their profits by charging higher prices, despite offering less content and …

Subjects: E-Commerce, Economy, Financial System, Food and Nutrition, Government Documents, Internet, Legal Research

Public records data must be off-limits for AI

The Hill – “Companies are looking for innovative ways to collect data to feed their data-hungry artificial intelligence systems and create innovative applications. Fortunately, some do not have to go too far. Then, there are the companies that collect data from public records to share on the internet and run analytics. There are many compelling …

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

The world’s richest countries in 2024

The Economist [unpaywalled]: “Sorting countries into rich and poor can be difficult. Measures such as GDP are affected by population size (more people generally mean more output). But adjusting for population alone is not enough. Dollar income per person does not account for differences in prices between countries (a Big Mac, for example, will set …

Subjects: Economy, Financial System