Category «AI»

AI in Banking and Finance, January 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. Five highlights from this post: The Bloomberg Terminal Now Has AI-Generated Summaries of Earnings Calls; Call for papers on Artificial Intelligence in Finance: Next level of artificial intelligence is difficult for banks; Sustainable Banking: Charting The Future With AI And Data Analytics; More impactful than the internet’: How AI will reshape banking jobs; and The fight against greenwashing starts with AI. Here’s why.

Subjects: AI, AI in Banking and Finance, Climate Change, Economy, Environmental Law, Financial System

The 2024 ‘Burning Issues’ Confronting Firm Leaders

At the end of December 2023, Patrick J, Mckeena and Michael B. Rynowecer presented 200 Firm Leaders with a selection of over 40 timely and potential ‘Burning Issues’ – and asked of them “what do you anticipate as the highest priorities occupying your leadership agenda going into the new year?” The team received responses representing firms from 200 to over 2000 lawyers in size. This paper distinguishes the challenging issues for firms in 2024.

Subjects: AI, Communication Skills, Leadership, Legal Marketing, Legal Profession, Management

Pete Recommends – Weekly highlights on cyber security issues, January 27, 2024

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: Sen. Wyden Releases Documents Confirming the NSA Buys Americans’ Internet Browsing Records; Inside a Global Phone Spy Tool Monitoring Billions; AT&T is trying to kill all landlines in California, which would have devastating effects; and the Continued Threat to Personal Data: Key Factors Behind the 2023 Increase.

Subjects: AI, Copyright, Cybercrime, Cybersecurity, Healthcare, Internet Trends, Legal Research, Legislative, Privacy, Search Engines, Social Media

Introducing AI Prompt Worksheets for the Legal Profession

Jennifer (Greig) Wondracek identified that her AI results are much better when she stops and thinks them through, providing a high level of detail and a good explanation of what she want the AI system to produce. So, good law librarian that she is, she created a new form of plan for those who are learning to draft a prompt. And the result is the AI prompt worksheets she shares in this article.

Subjects: AI, Continuing Legal Education, Law Librarians, Legal Research, Legal Technology

Pete Recommends – Weekly highlights on cyber security issues, January 20, 2024

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: More Police Are Using Your Cameras for Video Evidence; How to Opt Out of Comcast’s Xfinity Storing Your Sensitive Data; The worst privacy washing of 2023 and trends to expect in 2024; and Each Facebook User is Monitored by Thousands of Companies.

Subjects: AI, Cybercrime, Cybersecurity, Email Security, Privacy, Social Media

Pete Recommends – Weekly highlights on cyber security issues, January 13, 2024

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: Swatting: The new normal in ransomware extortion tactics; EFF Unveils Its New Street Level Surveillance Hub; IRS has ‘unconscionable delays’ in helping identity theft victims, taxpayer advocate says; and Outlook is Microsoft’s new data collection service.

Subjects: AI, Criminal Law, Cryptocurrency, Cybercrime, Cybersecurity, Data Mining, Financial System, Healthcare, Privacy

Pete Recommends – Weekly highlights on cyber security issues, January 6, 2024

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: Delete your digital history from dozens of companies with this app; How hackers can ‘poison’ AI; Meet ‘Link History,’ Facebook’s New Way to Track the Websites You Visit; and Google Groups is ending support for Usenet to combat spam.

Subjects: AI, Big Data, Cybercrime, Cybersecurity, E-Commerce, Privacy, Social Media

AI and the Organized Bar: Lessons from the eLawyering Project

The Internet changed the way lawyers communicate, but it otherwise made only modest changes in the nature of legal work. Generative AI will be a tsunami. Can or should the American Bar Association and other bar associations attempt to influence the development and regulation of AI, to steer it in particular directions? Since the past can be prologue, it’s worth considering a previous attempt by the organized bar to grapple with another revolutionary technology. Jerry Lawson benchmarks this discussion using his participation in the American Bar Association’s eLawyering project that attempted to help lawyers use the Internet to achieve social benefits. The project tried to influence various governmental entities as well as the actions of lawyers. How well did these efforts work? How can the organized bar better steer the use of AI to benefit society?

Subjects: AI, Communications, Continuing Legal Education, KM, Legal Marketing, Legal Profession

Pete Recommends – Weekly highlights on cyber security issues, December 30, 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 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: The Worst Hacks of 2023; Think Twice Before Giving Surveillance for the Holidays; How to Check If Something Online Was Written by AI; and This ‘Pig Butchering’ Scam Has Victims on Both Sides.

Subjects: AI, Cryptocurrency, Cybercrime, Cybersecurity, Financial System, Privacy, Spyware