Category «Financial System»

IRS advances innovative Direct File project for 2024 tax season

IRS -“As part of larger transformation efforts underway, the Internal Revenue Service announced today key details about the Direct File pilot for the 2024 filing season with several states planning to join the innovative effort. The IRS will conduct a limited-scope pilot during the 2024 tax season to further assess customer support and technology needs. …

Subjects: E-Government, Economy, Financial System

Generative AI and Guidance on Abusiveness

ABA Journal – Generative AI and Guidance on Abusiveness May Illuminate a New Focus on “Dark Patterns” for Enforcement and Related Consumer Research: Consumer Protection enforcement authorities are showing a new interest in “dark patterns” which they describe as manipulative design practices that subvert consumer choice, particularly in digital settings. This interest likely stems from …

Subjects: AI, E-Commerce, Economy, Financial System, Government Documents, Internet, Legal Research, Legislation, Privacy

Pete Recommends – Weekly highlights on cyber security issues, October 14, 2023

Via LLRX – Pete Recommends – Weekly highlights on cyber security issues, October 14, 2023. 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 …

Subjects: Cybercrime, E-Mail, Economy, Financial System, Government Documents, ID Theft, Internet, Privacy

IRS says Microsoft owes an additional $29 billion in back taxes

CNBC: “Microsoft received Notices of Proposed Adjustment from the Internal Revenue Service for an additional tax payment of $28.9 billion, the company said in an 8-K filing Wednesday. Microsoft said the dispute concerns the company’s allocated profits between countries and jurisdictions between 2004 and 2013. It said up to $10 billion in taxes that the …

Subjects: Education, Financial System, Government Documents, Legal Research, Securities Law

Trustworthy Data for Social and Economic Research

Association of Public Data Users – Melissa C. Chiu, Director, Committee on National Statistics, National Academies of Sciences, Engineering, and Medicine: “Trustworthy, reliable, and widely available statistics are essential for making informed decisions in the public and private sectors, including policy makers, government agencies, businesses, and nonprofit organizations. The federal statistical system plays a crucial …

Subjects: Economy, Financial System, Government Documents, Knowledge Management, Legal Research

An AntiMonopoly Approach to Governing Artificial Intelligence

An AntiMonopoly Approach to Governing Artificial Intelligence, Tejas Narechania & Ganesh Sitaraman. Vanderbilt Technology Accelerator for Political Economy & Regulation.. “Since OpenAI released ChatGPT in the fall of 2022, debates over regulating artificial intelligence (AI) among policymakers, technologists, and scholars have intensified. But for all the interest in regulating AI, there has been little discussion …

Subjects: AI, Congress, Defense, Economy, Financial System, Knowledge Management, Legal Research, Legislation

Congress Should Regulate Artificial Intelligence

Tech Policy News: “Since the explosion of ChatGPT about a year ago, it seems that policymakers everywhere want to regulate artificial intelligence. It has become a focus of Congressional attention with Senator Chuck Schumer’s recent AI Insight Forum.  This is all to the good, given that many of our troubles with the online world stem …

Subjects: AI, Civil Liberties, Congress, Cybercrime, Economy, Financial System, Legal Research, Legislation

Pete Recommends – Weekly highlights on cyber security issues, October 7, 2023

Pete Recommends – Weekly highlights on cyber security issues, October 7, 2023 – 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 …

Subjects: AI, Cybercrime, Cybersecurity, Economy, Financial System, Government Documents, Privacy, Social Media

For 40 years, Big Meat has openly colluded to rig prices

Pluralistic: “For 40 years, Big Meat has openly colluded to rig prices (permalink)…Let me tell you about Agri Stats. Agri Stats has been around since 1985. Every large meat packer pays to be a “member” of Agri Stats, and they each submit weekly, detailed statistics about every aspect of their business: all their costs, all …

Subjects: Economy, Financial System, Food and Nutrition, Government Documents, Legal Research