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Management Report: Areas for Improvement in the Federal Reserve Banks’ Information System Controls, GAO-19-304R: Published: Mar 26, 2019. Publicly Released: Mar 26, 2019. “Every year we audit the federal debt. (As of Sept. 30, 2018, it was a little more than $21.5 trillion). This year our audit found new weaknesses in the security of the …
Center for Data Innovation: “AI has a data quality problem. In a survey of 179 data scientists, over half identified addressing issues related to data quality as the biggest bottleneck in successful AI projects. Big data is so often improperly formatted, lacking metadata, or “dirty,” meaning incomplete, incorrect, or inconsistent, that data scientists typically spend …
The global market for AI and machine-learning relevant data preparation solutions is expected to reach $1.2 billion by the end of 2023, from about $500 million in 2018, as per a report by research firm Cognilytica. “Algorithms today have the ability to absorb more data and, hence, be more accurate. As long as the data …
Secrecy News: “By refusing to disclose his tax returns, President Trump has breached — and may have demolished — the longstanding norm under which sitting presidents and presidential candidates are expected to voluntarily disclose their federal tax returns. At the same time, there is reason to think that new norms of disclosure can be created. …
Looking to the Future, Public Sees an America in Decline on Many Fronts – Majorities predict a weaker economy, a growing income divide, a degraded environment and a broken political system “When Americans peer 30 years into the future, they see a country in decline economically, politically and on the world stage. While a narrow …
“Much of the current discussion on automation is of the “robots-killing-jobs” variety. This alarmism is unsurprising. After all, most research to this point has focused on the introduction of robots into manufacturing, or on computer algorithms that automate routine tasks. These are changes that have replaced, and will continue to replace, jobs that many workers, …
“The American Economic Association is today releasing results from a survey of current and former members about the professional climate in economics, conducted under the auspices of the AEA’s recently created standing Committee on Equity, Diversity, and Professional Conduct (CEDPC). For the Committee’s summary report of the survey results, see here. As the deadline for …
Sokol, D. Daniel, Rethinking the Efficiency of the Common Law (February 3, 2019). Notre Dame Law Review, forthcoming 2020; University of Florida Levin College of Law Research Paper No. 19-14. Available at SSRN: https://ssrn.com/abstract=3328025 or http://dx.doi.org/10.2139/ssrn.3328025 “This Article shows how Posner and other scholars who claimed that common law was efficient misunderstood the structure of …
FINRA Investor Education Foundation: – “A significant part of financial capability is the ability to make ends meet through adequate savings. Having resources for immediate medical needs is also an important component. In the U.S., 18% of individuals reported that over the past year, their household spent more than their income (not including the purchase …
Mainstreaming, Implementation and Leadership – “This report maps strategies, governance tools, institutional settings and innovative approaches used by governments across the OECD to drive and support society-wide gender equality goals. It covers all state institutions, including legislatures and judiciaries, and discusses the challenges faced by OECD countries in achieving long-lasting impact. Finally, the report provides …
Outside: A close reading of the President’s 2020 Department of the Interior budget reveals massive funding cuts for everything public-lands related—except for oil and gas “To understand any budget, all you need to see are the numbers. And when you look at the Trump administration’s 2020 budget proposal for the Department of the Interior, those numbers …
“The latest available data from the Justice Department show that during January 2019 the government reported 337 new white collar crime prosecutions – an historic low. According to the case-by-case information analyzed by the Transactional Records Access Clearinghouse (TRAC) at Syracuse University, this number is down 20.3 percent over the previous month, and continues a …
