AI in Finance and Banking, November 30, 2024 – This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, conferences, industry white papers and reports, academic papers and speeches, and central bank actions on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are …
This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, conferences, industry white papers and reports, academic papers and speeches, and central bank actions on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Five highlights from this post: AI and Finance; Generative AI for Economic Research: LLMs Learn to Collaborate and Reason; Fed’s Bowman: Regulators ‘must have an openness’ to AI; Redefining Finance: The Influence of Artificial Intelligence (AI) and Machine Learning (ML); and JPMorgan Chase and Capital One are winning at AI banking — and their lead is getting bigger.
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: Surveillance Self-Defense Tips, Tools and How-tos for Safer Online Communications; Australia Makes History With Social Media Ban for Under 16s; Crypto companies are losing ground to deepfake attacks; and Coast Guard adds new cyber requirements for ship-to-shore cranes.
The 2024 election results have prompted discussion about the effectiveness of “guardrails” that might restrain Presidential activities that could harm the nation. Jerry Lawson’s review notes that Glenn Fine’s new book, Watchdogs: Inspectors General and the Battle of Honest and Accountable Government is a timely and welcome contribution to the national debate. Fine has had considerable experience with Offices of Inspectors General (OIGs), one of the key institutions that serve as limits to corrupt or overreaching Executive Branch actions.
The often-overlooked consequences of AI applications call for regulatory frameworks that can keep pace with this rapidly evolving technology. Prof. Sylvia Lu studies the intersection of law and technology, and has outlined a legal framework to do just that.
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. Five highlights from this week: Thieves are using Google Maps to target homes; Microsoft’s anti competitive behavior weakens its customers’ cybersecurity; How and where to report cybercrime: What you need to know; Legislation introduced to address foreign supply chain threats; Use These 4 Apps and Tools to Detect Phishing Emails
This commentary by Michael Ravnitzky highlights the critical period ahead for investigative journalism under the new presidential administration. Controversial stances and policy shifts will provide many more opportunities than usual for journalists to uncover and report on critical issues, ensuring that the administration’s actions are thoroughly examined and the public remains well-informed.
Most people agree that actual facts matter – in such activities as debate, discussion and reporting. Once facts are gathered, verified and distributed, informed decision-making can proceed in such important exercises as voting. But what happens when important, verified facts are published and broadcast widely, yet the resulting impact proves underwhelming – or even meaningless? If vital facts fail to affect the news audiences they intend to inform? Media scholar Prof. Michael J. Socolow addressed the conundrum facing American journalism after Nov. 5, 2024.
Law professor Dakota Rudesill explains that because Trump was elected to a second term, he will again have expansive access to classified information and control over it as of noon on Jan. 20, 2025, when his term begins. He will also have control over secrets and clearances available to others. The American electorate made that decision.
Legal scholar Jennifer L. Selin explains the confirmation process and the ‘constitutional loophole’ of recess appointments.