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Category Archives: Financial System

Pete Recommends – Weekly highlights on cyber security issues, April 20, 2024

Via LLRXPete Recommends – Weekly highlights on cyber security issues, April 20, 2024 – Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Four highlights from this week: 1st-of-its-kind law protects ‘neural data’; Chinese Mafias’ New US Goldmine: Gift Cards; Fair Digital Finance Framework; and The invisible seafaring industry that keeps the internet afloat.

It’s the End of the Web as We Know It

The Atlantic [unpaywalled] – A great public resource is at risk of being destroyed. By Judith Donath and Bruce Schneier: “The web has become so interwoven with everyday life that it is easy to forget what an extraordinary accomplishment and treasure it is. In just a few decades, much of human knowledge has been collectively written… Continue Reading

The Flooding Will Come “No Matter What”

ProPublica – The complex, contradictory and heartbreaking process of American climate migration is underway –  “This article is an excerpt from the book “On The Move: The Overheating Earth and the Uprooting of America,” about climate migration in the U.S. For more, see abrahm.com. “Another great American migration is now underway, this time forced by… Continue Reading

Climate crisis: average world incomes to drop by nearly a fifth by 2050

The Guardian: “Average incomes will fall by almost a fifth within the next 26 years as a result of the climate crisis, according to a study that predicts the costs of damage will be six times higher than the price of limiting global heating to 2C. Rising temperatures, heavier rainfall and more frequent and intense… Continue Reading

The invisible seafaring industry that keeps the internet afloat

The Verge: “…The world’s emails, TikToks, classified memos, bank transfers, satellite surveillance, and FaceTime calls travel on cables that are about as thin as a garden hose. There are about 800,000 miles of these skinny tubes crisscrossing the Earth’s oceans, representing nearly 600 different systems, according to the industry tracking organization TeleGeography. The cables are… Continue Reading

Dow Jones Debuts Its Smart Money Financial Literacy Site

“Dow Jones Smart Money is your resource for creating a better financial future. For any age, any experience level, any goal—start building financial knowledge today with smart insights and trusted experience from Dow Jones money experts. We’ll be adding new topics, more videos, free resources and live events here soon, so watch this page for… Continue Reading

Artificial Intelligence Index Report 2024

Stanford University, Human-Centered Artificial Intelligence. Artificial Intelligence Index Report 2024. “Welcome to the seventh edition of the AI Index report. The 2024 Index is our most comprehensive to date and arrives at an important moment when AI’s influence on society has never been more pronounced. This year, we have broadened our scope to more extensively… Continue Reading

AI in Finance and Banking, April 15, 2024

Via LLRX – AI in Finance and Banking, April 15, 2024 – This semi-monthly column by Sabrina I. Pacifici highlights news, government reports, NGO/IGO papers, industry white papers, academic papers, conferences and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources,… Continue Reading

US DOT – PROTECT Discretionary Grant Program Award Recipients

PROTECT Discretionary Grant Program Fact Sheet –  “The vision of the PROTECT Discretionary Grant Program is to fund projects that address the climate crisis by improving the resilience of the surface transportation system, including highways, public transportation, ports, and intercity passenger rail. Projects selected under this program should be grounded in the best available scientific… Continue Reading

Pete Recommends – Weekly highlights on cyber security issues, April 13, 2024

Pete Recommends – Weekly highlights on cyber security issues, April 13, 2024 – Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex… Continue Reading

The 12 Companies That Together Own 500+ Consumer Brands

Quartr: “Warren Buffett famously popularized the term “moat,” stating that “a truly great business must have an enduring moat that protects excellent returns on invested capital.” This can take shape in various forms, and according to Buffett, one of them is “possessing a powerful world-wide brand (Coca-Cola, Gillette, American Express).” The consumer goods sector is… Continue Reading