Category «AI»

AI in Finance and Banking – March 31, 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: More than 200 Lloyds bank bosses to receive artificial intelligence training; How Much Should We Spend to Reduce A.I.’s Existential Risk?; China’s Central Bank Pushes for Artificial Intelligence Integration in Digital Finance; Why, what; and how financial services firms can be AI-First; and Euromoney report – AI in Banking.

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

Pete Recommends – Weekly highlights on cyber security issues, March 29, 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: Google Confirms Gmail Upgrade – 3 Billion Users Must Now Decide; What is Signal, the app where Trump officials texted war plans?; Even More Venmo Accounts Tied to Trump Officials in Signal Group Chat Left Data Public; NIST releases finalized guidelines on protecting AI from attacks; Canada – We partner with world-renowned scambusters to create our own fraud-fighting call centre.

Subjects: AI, Civil Liberties, Cybercrime, Cybersecurity, Encryption, Privacy, Search Engines, Search Strategies, Social Media, Technology Trends

Museums have tons of data, and AI could make it more accessible − but standardizing and organizing it across fields won’t be easy

AI tools can do amazing things, such as make 3D models of digitized versions of the items in museum collections, but only if there’s enough well-organized data about that item available. To see how AI can help museum collections, Bradley Wade Bishop’s team of researchers started by conducting focus groups with the people who managed museum collections. We asked what they are doing to get their collections used by both humans and AI.

Subjects: AI, Education, Information Management, Search Engines

Your law firm needs a Situation Room

Jordan Furlong advises law firms that in this chaotic new world order, organizations cannot sit back waiting for the next bombshell to drop. Firms need to anticipate, analyze, and address critical new developments — before they affect the organization and its clients. Furlong highlights the components of well grounded strategic action plans to reduce risk and respond in a firm wide manner.

Subjects: AI, Communication Skills, Economy, Education, Law Firm Marketing, Leadership, Legal Marketing, Legal Profession

Pete Recommends Weekly highlights on cyber security issues, March 22, 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: Memo details Trump plan to sabotage the Social Security Administration; Everything You Say To Your Fire TV & Echo Will Be Sent to Amazon Soon; The DNA of organised crime is changing – and so is the threat to Europe; Judge Rips DOGE Dig Into Social Security Records; and Big AI platforms can generate Chrome malware with this technique.

Subjects: AI, Cybercrime, Cybersecurity, Privacy, Search Engines

AI in Finance and Banking, March 18, 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: The Finance Sector Is Hitting an Inflection Point With AI; Artificial Intelligence and the Labor Market; China’s central bank vows to promote applications of AI large language models;  AI and the Extended Workday: Productivity, Contracting Efficiency, and Distribution of Rents; and The AI supply chain – We find that the LLM agents display mixed performance in these general tasks. They lack the awareness to learn from mistakes and the capacity for self-correction. LLMs’ performance in the most complex cognitive subtasks may not be the limiting factor for their deployment in real-world environments. Instead, it would be important to evaluate the capabilities of AGI-aspiring LLMs through general tests that encompass multiple cognitive tasks, enabling them to solve complete, real-world applications.

Subjects: AI, AI in Banking and Finance, Cryptocurrency, Economy, KM

Pete Recommends – Weekly highlights on cyber security issues, March 15, 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: The 200+ Sites an ICE Surveillance Contractor is Monitoring; US cities warn of wave of unpaid parking phishing texts; OPM watchdog to investigate IT risks tied to DOGE’s agency access; and A Brand-New Botnet Is Delivering Record-Size DDoS Attacks.

Subjects: AI, Cybercrime, Cybersecurity, Privacy, Search Engines

Pete Recommends – Weekly highlights on cyber security issues, March 8, 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: 89% of enterprise AI usage is invisible to the organization; The Digital Packrat Manifesto; Cellebrite Is Using AI to Summarize Chat Logs and Audio from Seized Mobile Phones; and Flock Threatens Open Source Developer Mapping Its Surveillance Cameras.

Subjects: AI, Civil Liberties, Cybercrime, Cybersecurity, Legal Research, Privacy

What Is OpenAI’s Powerful New Deep Research Tool Capable Of? I Use It to Analyze the Legality of President Trump’s Pause of Federal Grants

On February 2, 2025 OpenAI released Deep Research, an AI agent capable of completing multi-step research tasks and synthesizing large amounts of online information. OpenAI’s chief product officer Kevin Weil said it can complete complex research tasks in minutes that might take a person many hours or days, according to The New York Times, adding that it should be particularly useful for people in fields such as finance, science and law. Robert Ambrogi created a comprehensive and expertly crafted series of prompts to evaluate Deep Search’s ability to research and analyze the legality of the Trump administration’s temporary pause of federal grant and financial assistance programs, and then to outline the potential legal remedies available to recipients of those grants and financial assistance.

Subjects: AI, Government Resources, Legal Research, United States Law