Monthly archives: July, 2023

AI in Banking and Finance – July 15, 2023

This semi-monthly column by Sabrina I. Pacifici highlights news, government reports and industry white papers as well as academic 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. Each entry includes the publication name, date published, article title and abstract. Four highlights from this week: OECD: 60% of finance and manufacturing workers fear AI replacement; Wharton professor says ‘things that took me weeks to master in my PhD’ take ‘seconds’ with new ChatGPT tool; AI, trust, and data security are key issues for finance firms and their customers; and Finance Professionals May Find A Research Assistant In AI.

Subjects: AI in Banking and Finance, Columns, Cybercrime, Cybersecurity, Economy, Financial System

Pete Recommends – Weekly highlights on cyber security issues, July 15, 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 potential healthcare privacy risks of ChatGPT; “Shadow libraries” at heart of mounting copyright lawsuits against OpenAI; Congressional Report Finds Meta and Tax Prep Companies “Recklessly” Shared Taxpayers’ Data; and Cooper Davis Act Would Force Tech Companies to Flag Users for Drugs.

Subjects: AI, Big Data, Copyright, Cybercrime, Cybersecurity, E-Commerce, Legal Research, Privacy, Social Media, United States Law

Pete Recommends – Weekly highlights on cyber security issues, July 8, 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 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: Google Says It’ll Scrape Everything You Post Online for AI; How secure are voice authentication systems really?; Scammers using AI voice technology to commit crimes; and privacy alert – disable third party cookies in Chrome as companies continue to track you online.

Subjects: Big Data, Computer Security, Cybersecurity, Email Security, Government Resources, KM, Privacy, Social Media

LegalTech’s AI Race: A Sign of What’s to Come

Nicole L. Black notes the milestone of Thomson Reuters announcement that it had entered into an agreement to acquire Casetext, a legal research software company, for $650 million. For the past decade, Casetext has provided a legal research platform grounded in AI technology. The company consistently developed innovative features that utilized AI technology to streamline legal research and brief creation, most recently releasing CoCounsel, a generative AI legal assistant tool powered by GPT-4, which is the same technology that powers ChatGPT Plus.

Subjects: AI, KM, Legal Research, Legal Technology, Online Legal Research Services