Category «Financial System»

Pete Recommends – Weekly highlights on cyber security issues, February 4, 2023

Via LLRX – Pete Recommends – Weekly highlights on cyber security issues, February 4, 2023 – Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the …

Subjects: AI, Cybercrime, Cybersecurity, Economy, Financial System

AI Could ‘Harm the Global Financial System, Supply Chain’ US Gov Guidelines Say

Vice: The new government guidelines present a framework for mitigating AI harms across a wide swath of society. For better or worse, artificial intelligence (AI) tools are permeating all aspects of society, and the U.S. government wants to ensure that it doesn’t break it. AI chatbots like ChatGPT are being used on school assignments, even …

Subjects: AI, Economy, Financial System, Internet, Knowledge Management, Legal Research

How Twitter Pushed Stakeholders Under The Bus

Bebchuk, Lucian A. and Kastiel, Kobi and Toniolo, Anna, How Twitter Pushed Stakeholders Under The Bus (January 19, 2023). Harvard Law School Program on Corporate Governance Working Paper No. 2023-1, Available at SSRN: https://ssrn.com/abstract=4330393 or http://dx.doi.org/10.2139/ssrn.4330393 “This paper provides a case study of the acquisition of Twitter by Elon Musk. Our analysis indicates that when …

Subjects: Economy, Financial System, Legal Research, Social Media

Some Are More Equal Than Others: U.S. Supreme Court Clerkships

George, Tracey E. and Yoon, Albert and Gulati, Mitu, Some Are More Equal Than Others: U.S. Supreme Court Clerkships (January 31, 2023). Virginia Public Law and Legal Theory Research Paper No. 2023-10, Virginia Law and Economics Research Paper No. 2023-03, Available at SSRN: https://ssrn.com/abstract=4338222 – “The most elite and scarce of all U.S. legal credentials …

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

At the Supreme Court, ethics questions over a spouse’s business ties

The New York Times: “After Chief Justice John Roberts joined the Supreme Court, his wife, Jane Sullivan Roberts, gave up her career as a law firm partner to become a high-end legal recruiter in an effort to alleviate potential conflicts of interest. Jane Roberts later recalled in an interview that her husband’s job made it …

Subjects: Courts, Economy, Financial System, Freedom of Information, Legal Research

2022 Corruption Perceptions Index reveals scant progress against corruption as world becomes more violent

Berlin, 31 January 2023: “The 2022 Corruption Perceptions Index (CPI) released today by Transparency International shows that most of the world continues to fail to fight corruption: 95 per cent of countries have made little to no progress since 2017. According to the Global Peace Index, the world continues to become a less peaceful place. …

Subjects: Censorship, Economy, Education, Financial System, Free Speech, Government Documents, Knowledge Management, Legal Research

Measuring and Mitigating Racial Disparities in Tax Audits

Stanford Institute for Economic Policy Research: Working Paper, Measuring and Mitigating Racial Disparities in Tax Audits. Hadi Elzayn; Evelyn Smith; Thomas Hertz; Arun Ramesh; Robin Fisher; Daniel E. Ho; Jacob Goldin. Publication “Government agencies around the world use data-driven algorithms to allocate enforcement resources. Even when such algorithms are formally neutral with respect to protected …

Subjects: Civil Liberties, Economy, Financial System, Government Documents, Legal Research

OpenAI has hired an army of contractors to make basic coding obsolete

Semafor: “OpenAI, the company behind the chatbot ChatGPT, has ramped up its hiring around the world, bringing on roughly 1,000 remote contractors over the past six months in regions like Latin America and Eastern Europe, according to people familiar with the matter. About 60% of the contractors were hired to do what’s called “data labeling” …

Subjects: AI, Economy, Education, Financial System, Knowledge Management, Social Media, Transportation

Layoffs by Email Show What Employers Really Think of Their Workers

The New York Times: “…As someone who’s managed people in newsrooms and digital start-ups and has hired and fired people in various capacities for the last 21 years, I think this approach is not just cruel but unnecessary. It’s reasonable to terminate access to company systems, but delivering the news with no personal human contact …

Subjects: E-Mail, Economy, Financial System, Knowledge Management, Legal Research, Privacy

FTX creditor list shows airlines, charities and tech firms caught in collapse

Coin Telegraph: “The over 100-page long document lists every entity FTX owes money to, from Big Tech players to local businesses near its Bahamian headquarters. A complete list of the creditors owed money by the bankrupt cryptocurrency exchange FTX has been released, revealing a myriad of companies and government entities wrapped up in its collapse. …

Subjects: Cryptocurrency, Economy, Financial System, Legal Research

Four Ways Leaders Can Empower People for How Work Gets Done

Microsoft: “Fraying supply chains. Economic headwinds. Changing expectations around hybrid work. The rapid transformations of the past few years have fundamentally reshaped work and life as we know them. It’s clear that the agility and resilience of every organization rest on a workforce empowered with tools that enable them to work more efficiently and flexibly …

Subjects: AI, Economy, Education, Financial System, Knowledge Management, Microsoft