Author archives

Sabrina I. Pacifici, MSLIS, KM, Law Librarian, Educator, SME / Legal Research, Financial Regulation, Privacy, Civil Liberties, GovDocs, Social Media.
Solo Editor, Publisher, Founder, Owner - LLRX.com® – the free e-journal on law, technology and research for Librarians, Lawyers, Researchers, Academics, and Journalists. Established in 1996, and published monthly.
Sabrina I. Pacifici is also the solo Researcher/Author/Publisher of beSpacific® - Accurate research and knowledge discovery of documents and resources focused on law, technology, government documents, civil liberties, privacy, justice and emerging technology issues - with a global perspective. Updated daily since 2002 with a searchable database of over 45,000 postings.
See also the beSpacific Mastodon feed updated daily, with unique resources to support effective, timely, focused, subject matter resource sharing.

LLRX August 2024 Issue

Articles and Columns for August 2024

  • Artificial Intelligence and the LawDavid Colarusso founded and co-directs the Suffolk University Law School’s Legal Innovation & Technology (LIT) Lab. By training he is an attorney and science educator. By experience, he’s a data scientist, craftsman, and writer. LLRX is pleased to share what Colarusso states is not a traditional syllabus, because this class he is teaching is not a traditional class. He won’t just ask you to “think like a lawyer,” he will require that you act like one. In-class time will be devoted mostly to running simulations of varying fidelity for ten potentially precedent making cases and arguing the merits of proposed AI legislation. In addition to serving as an attorney—taking a case from trial through appeal—you will have the chance to act as a judge, jury, legislator, and legislative advisor. He says…”we’re in for some serious play.”
  • AI in Finance and Banking, August 30, 2024 – This semi-monthly column by Sabrina I. Pacifici highlights news, government reports, NGO/IGO papers, industry white papers, academic papers 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, and as available, indicate links to alternate free versions. Six highlights from this post: Blockchain for Ethical and Transparent Generative AI Utilization by Banking and Finance Lawyers; Government as Venture Capitalists in AI; How will Generative AI impact Communication?; Artificial Intelligence the Key to Greater Financial Inclusion; The Transformative Impact of AI in Finance and Banking; From Man vs. Machine to Man + Machine: The art and AI of stock analyses.
  • How Can Law Professors Effectively Teach AI Literacy to Law Students? Legal AI Studio – This spring the Michigan State University College of Law and the MSU Center for Law, Technology & Innovation introduced the “LegalRnD AI Studio,” a groundbreaking mini-course series designed to elevate law students’ AI literacy, focusing on practical skills in generative AI. Dennis Kennedy shares how you can replicate this successful model and provide your students with the essential AI literacy they need at your school.
  • The Best of America – Captured in Print for the First TimeOregon Loves New York: A Story of American Unity After 9/11 documents an important event in American history that is little known: the Flight for Freedom, an achievement unequaled by any other community in the United States. Written by Sally Ruth Bourrie with a new edition in 2023, Oregon Loves New York is available online at independent bookstores and major retailers.
  • Chat GPT is bullshit – Recently, there has been considerable interest in large language models: machine learning systems which produce human-like text and dialogue. Applications of these systems have been plagued by persistent inaccuracies in their output; these are often called “AI hallucinations”. Dr. Michael Townsen Hicks, Dr. James Humphries and Dr. Joe Slater argue that these falsehoods, and the overall activity of large language models, is better understood as bullshit in the sense explored by Frankfurt (On Bullshit, Princeton, 2005): the models are in an important way indifferent to the truth of their outputs. They distinguish two ways in which the models can be said to be bullshitters, and argue that they clearly meet at least one of these definitions. They further argue that describing AI misrepresentations as bullshit is both a more useful and more accurate way of predicting and discussing the behaviour of these systems.
  • Is Your Firm Disclosing the Risks Associated to Using AI?Patrick McKenna calls out the importance to the legal community of a new public database, the AI Risk Repository, that lists ALL the ways AI could go wrong. Its creators hope their work could lead to further research to determine which risks to take more seriously.Its creators hope their work could lead to further research to determine which risks to take more seriously.
  • Rejecting Dogmas Around AI, User Privacy, and Tech Policy – The Markup’s Ross Teixeira had a virtual discussion with Jonathan Frankle, Chief Scientist at DataBricks, about the the ethics of companies using customer data to train models, the growing trend of integrating AI models into our personal devices and lives, and how people can get involved in policy conversations from national to local level.
  • Complicated app settings are a threat to user privacy – Default privacy settings in popular mobile apps seem like a convenience, allowing you to use a single setting to control the level of privacy – who can see which actions you take – across all of the app’s functions. Prof. Joseph K. Nwankpa specifies how default privacy settings are also a potential risk to your privacy.
  • AI in Banking and Finance, August 15, 2024 – This semi-monthly column by Sabrina I. Pacifici highlights news, government reports, NGO/IGO papers, industry white papers, academic papers 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, and as available, indicate links to alternate free versions. Six highlights from this post: How Conversational and Generative AI is shaking up the banking industry; IMF AI Preparedness Index; Deep Learning for Economists; Crisis Amplifier? How to Prevent AI from Worsening the Next Economic Downturn; Generative artificial intelligence and cyber security in central banking; and Financial agencies’ AI tests could get reprieve from enforcement.
  • Pete Recommends – Weekly highlights on cyber security issues, August 31, 2024Six highlights from this week: Remote Work: A Ticking Time Bomb Waiting to be Exploited; Microsoft to overhaul Windows security after outage hits hospitals; How safe is Telegram?; Wyze’s new AI feature lets users search security cam footage; Safeguarding Subsea Cables Protecting Cyber Infrastructure amid Great Power Competition; and When A.I.’s Output Is a Threat to A.I. Itself.
  • Pete Recommends – Weekly highlights on cyber security issues, August 24, 2024 – Five highlights from this week: Meta’s new crawler could scrape your page, even when you don’t want it to; Don’t trust Google for customer service numbers. It might be a scam; Cox Communications Battles Copyright Case That Could Disrupt TV Streaming for Millions; U.S. government urging to update Galaxy phones due to vulnerability; and IRS still faces security challenges in aftermath of taxpayer data leak.
  • Pete Recommends – Weekly highlights on cyber security issues, August 17, 2024Six highlights from this week: This is likely the biggest password leak ever: nearly 10 billion credentials exposed; How to Stay Safe From Third-Party Seller Scams; The US Supreme Court Kneecapped US Cyber Strategy; DOJ Leads Efforts Among Federal, International, and Private Sector Partners to Disrupt Covert Russian Government-Operated Social Media Bot Farm.
  • Pete Recommends – Weekly highlights on cyber security issues, August 9, 2024 – Five highlights from this week: Nearly 3 billion people just had their data leaked!!; Text message exploits are scarier than ever, but you can protect yourself with these tips; Government IT systems in the hands of a single vendor puts agencies at risk; Apple says Safari protects your privacy. We fact-checked those claims; and Lawmakers look to clarify electronic medical device use in secure facilities.
  • Pete Recommends – Weekly highlights on cyber security issues, August 2, 2024Four highlights from this week: How To Check Whether You’re Chatting With a Real Person or AI; Here is another reason why you should never click on ads to download software; New Federal Ruling Prohibits Warrantless Phone Searches by Border Agents; and About Chrome’s “These extensions may soon no longer be supported” message.

LLRX.com® – the free web journal on law, technology, knowledge discovery and research for Librarians, Lawyers, Researchers, Academics, and Journalists. Founded in 1996.

Subjects: KM

AI in Finance and Banking, August 30, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government reports, NGO/IGO papers, industry white papers, academic papers 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, and as available, indicate links to alternate free versions. Six highlights from this post: Blockchain for Ethical and Transparent Generative AI Utilization by Banking and Finance Lawyers; Government as Venture Capitalists in AI; How will Generative AI impact Communication?; Artificial Intelligence the Key to Greater Financial Inclusion; The Transformative Impact of AI in Finance and Banking; From Man vs. Machine to Man + Machine: The art and AI of stock analyses.

Subjects: AI in Banking and Finance, Blockchain, Cryptocurrency, Cybersecurity, Legal Research

AI in Banking and Finance, August 15, 2015

This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, industry white papers, academic papers 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, and as available, indicate links to alternate free versions. Six highlights from this post: How Conversational and Generative AI is shaking up the banking industry; IMF AI Preparedness Index; Deep Learning for Economists; Crisis Amplifier? How to Prevent AI from Worsening the Next Economic Downturn; Generative artificial intelligence and cyber security in central banking; and Financial agencies’ AI tests could get reprieve from enforcement.

Subjects: AI in Banking and Finance, Business Research, Computer Security, Congress, Cybercrime, Cybersecurity, Financial System, Government Resources, Legal Research, Legislative

LLRX July 2024 Issue

Articles and Columns for July 2024 Unlocking History: How a Small Group of Researchers Dominates the Declassification Appeals Process – Attorney and FOIA expert Michael Ravnitzky shines a spotlight on people, process and procedural challenges with his illuminating article. A small core group of researchers and historians have filed most of the declassification appeals being …

Subjects: KM

AI in Finance and Banking, July 31, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, industry white papers, academic papers 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, and as available, indicate links to alternate free versions. Six highlights from this post: Hearing Entitled: AI Innovation Explored: Insights into AI Applications in Financial Services and Housing; How Banks Can Combat Fraud, Cybercrime With Advanced Technology, AI; AI in banking risk management: exploring latest trends and use cases; JPMorgan Chase has begun rolling out a generative artificial intelligence product; How Banks Can Combat Fraud, Cybercrime With Advanced Technology, AI; and Gen AI takes over finance: The leading applications and their challenges.

Subjects: AI in Banking and Finance, Cybersecurity, Financial System, Legal Research

AI In Finance and Banking – July 15, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, papers by economists, NGO/IGOs, speeches, and industry white papers 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. Six highlights from this post: We need bold minds to challenge AI, not lazy prompt writers, bank CIO says; Managing AI in banking: are we ready to cooperate?; The gen AI gender gap; Will User-Contributed AI Training Data Eat Its Own Tail?; Demand for Artificial Intelligence in Settlement Negotiations; and Artificial intelligence – a central bank’s view.

Subjects: AI, AI in Banking and Finance, Big Data, Economy, Financial System, Legal Research

LLRX June 2024 Issue

Articles and Columns for June 2024 Protecting the Vulnerable: Navigating Online Risks for Minors – Veronica Garrick’s paper is an insightful, factual and timely discussion of how in today’s digital age, minors are exposed to technology at a young age, presenting both great opportunities and risks. Online risks include data privacy breaches, access to inappropriate, …

Subjects: KM

AI in Finance and Banking June 30, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, industry white papers, academic papers 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, and as available, indicate links to alternate free versions. Six highlights from this post: AI in finance is like ‘moving from typewriters to word processors’; IMF – AI Preparedness Index Dashboard; Broadening the Gains from Generative AI: The Role of Fiscal Policies; Monkeys, Models, And Markets: AI Vs. Behavioral Finance; and Banking on the Future – The Next Era of Fintech.

Subjects: AI in Banking and Finance, Cybersecurity, Economy, Education, Government Resources

AI in Banking and Finance, June 15, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government reports, NGO/IGO papers, industry white papers, academic papers 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, and as available, indicate links to alternate free versions. Five highlights from this post: Financial regulators have ‘insufficiently’ addressed hedge funds’ use of AI, report says; 2024 Conference on Artificial Intelligence & Financial Stability; Two AI Truths and a Lie; The Simple Macroeconomics of AI; and The rise of AI at JPMorgan Chase.

Subjects: AI in Banking and Finance, Cybercrime, Cybersecurity, Economy, Education

LLRX May 2024 Issue

Articles and Columns for May 2024 Ransomware in the Digital Age: Multidisciplinary Legal Strategies for Minimizing Cryptocurrency Ransom Payments – 2023 witnessed an unprecedented escalation in ransomware attacks, affecting users from homeowners to critical infrastructure like healthcare, education, and government. With over 5,200 reported incidents—a 74% increase from the previous year—ransomware has not only intensified …

Subjects: KM