AI in Finance and Banking, May 15, 2025

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: Artificial intelligence and human capital: challenges for central banks; Artificial Intelligence and the Labor Market: A Scenario-Based Approach; How Good is AI at Twisting Arms? Experiments in Debt Collection; The rapidly increasing power of generative artificial intelligence (gen AI) models is more than a passing fad, even if the full extent of its impact in financial services is yet unclear; and Generative AI may shoulder up to 40% of workload, some bank execs predict

Subjects: AI in Banking and Finance, Economy, Education, Financial System

Pete Recommends – Weekly highlights on cyber security issues, May 10, 2025

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: Using AI Can Be Ethically Iffy. Here’s How to Do It Right; How to Make Your iPhone as Secure as Possible; After $243M Crypto Heist, a Crucial Mistake; Postal Service Data Sharing to Deport Immigrants; and AI is getting “creepy good” at geo-guessing.

Subjects: AI, Civil Liberties, Cryptocurrency, Cybercrime, Cybersecurity, Privacy

Pete Recommends – Weekly highlights on cyber security issues, May 3, 2025

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: US State Privacy Legislation Tracker; Social Security Administration Introduces Secure Digital Access to Social Security Numbers; I Scammed My Bank With Just an AI Voice Generator and a Phone Call; European regulators fined TikTok $600 million – social media giant unlawfully transferred users’ personal data from the EU to China; and Internet crimes increased 33 percent in 2024.

Subjects: AI, Courts & Technology, Cybersecurity, Privacy, Social Media

LLRX April 2025 Issue

The U.S. as an Authoritarian State: Danger to the Global Rule of Law – Donald J. Trump’s second term as President of the United States has stunned the world. As Catherine Morris documents, commentators increasingly say the U.S. has now crossed the Rubicon into authoritarian territory. Morris addresses the impact on the legal system, legal …

Subjects: KM

The U.S. as an Authoritarian State: Danger to the Global Rule of Law

Donald J. Trump’s second term as President of the United States has stunned the world. As Catherine Morris documents, commentators increasingly say the U.S. has now crossed the Rubicon into authoritarian territory. Morris addresses the impact on the legal system, legal education, and lawyers, in the United States and in Canada.

Subjects: Civil Liberties, Free Speech, Freedom of Information, Human Rights, Legal Research, United States Law

AI in Finance and Banking, April 30, 2025

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. Five highlights from this post: The rise of the AI investment banker; AI and Productivity in Europe; The Global Impact of AI: Mind the Gap; AI tools mostly fumble basic financial tasks, study finds; and The CFO Imperative How Finance Leaders Are Staying Ahead In A Volatile World.

Subjects: AI in Banking and Finance, Economy, Education, Financial System, Leadership, Management, Technology Trends

Software is increasingly being built by AI – so it’s vital to know if it can be trusted

Software is ubiquitous, powering almost every aspect of our lives. The computerised systems in your car alone incorporate tens of millions of lines of code. The increasing digital transformation of our society means that demand for more and better software is likely to continue into the future. Researchers, technologists and data scientists Iván Alfonso and Jordi Cabot. highlight a critical dilemma with the acceleration of AI in all facets of our lives. There are not enough human programmers to build all this software. This means that more and more of the software you use every day is built with the assistance of artificial intelligence (AI). Software developers are already very familiar with tools such as GitHub Copilot, a kind of ChatGPT for programmers. It works something like a smart autocomplete tool to increase the productivity of human programmers. But we are now witnessing a more radical revolution, where AI “agents” are poised to carry out many types of development tasks on behalf of human programmers. Agents are programs that use AI to perform tasks and achieve specific objectives for a human user. AI agents can learn and make decisions with some level of autonomy, though they are still under human supervision.

Subjects: AI, KM, Legal Profession, Legal Research, Technology Trends

Trump Is Creating a Deportation Army of Local Cops

Mohamed Al Elew and Wendy Fry’s reporting analyzes federal data that my be a surprise to Floridians about ICE’s 287(g) program. All Florida residents now live in a county where local police will be trained to work on behalf of U.S. Immigration and Customs Enforcement, according to federal data analyzed by The Markup. The training is part of a rapidly expanding federal program to deputize state and local authorities as immigration enforcers, with the number of participating agencies doubling since January, according to the data. There are now over 10 million Americans living in a county with an immigration delegation agreement, The Markup’s review shows.

Subjects: Civil Liberties, Legal Research, Privacy

Pete Recommends – Weekly highlights on cyber security issues, April 26, 2025

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: How to prevent your streaming device from tracking your viewing habits (and why it makes a difference); Your private health data may have fueled Google’s ads; Businesses Failing to Prevent Cyber Attacks, Says Report; and How to block Meta AI from using your Instagram or Facebook posts for training.

Subjects: Cybersecurity, E-Commerce, Health, Healthcare, Privacy, Search Engines, Social Media