Category «Economy»

AI in Finance and Banking, March 15, 2026

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. Seven highlights from this post: How does AI Distribute the pie? Large Language Models and the Ultimatum Game; AI Meets Fiscal Policy: Mapping Government Spending Actions Across 64 Countries; Anthropic suggests AI might be worse for hedge fund employees than bankers; Chaining Tasks, Redefining Work: A Theory of AI Automation; Where global economies sit in the AI stack; Labor market impacts of AI: A new measure and early evidence; and Federal Reserve Bank of Dallas – AI is simultaneously aiding and replacing workers, wage data suggest.

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

Pete Recommends – Weekly highlights on cyber security issues, March 7, 2026

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: The biggest AI threats come from within – 12 ways to defend your organization; Anthropic Improves Feature to Switch From Competitors as Users Call for ChatGPT Boycott; Samsung TVs to stop collecting Texans’ data without express consent; Top general spotlights cyber role in Iran conflict; and A Possible US Government iPhone-Hacking Toolkit Is Now in the Hands of Foreign Spies and Criminals.

Subjects: AI, Congress, Cryptocurrencies, Cybercrime, Cybersecurity, Economy, Legal Research, Legislative, Privacy

The Trump Administration’s Continued War Against Science, Research, Public Health, and the Rule of Law – Part 7

This article is the seventh in a series focused on how the second Trump presidency unleashed a causal chain that has rapidly morphed into an extensive continued attack against civil liberties, commerce, government funded programs, research and the rule of law. The attacks quickly escalated beyond the federal sector into the private and non-profit arenas. In alignment with the Project 2025 roadmap cultural, historical and political censorship has made deep inroads into many aspects of American life. Sabrina I. Pacifici continues to identify new as well as expanded examples of administration directed censorship in the public and private sectors, along with the elimination of programs, services and data critical to education, healthcare, the environment, climate science, defense and the economy.

Subjects: Big Data, Civil Liberties, Congress, Economy, Food, Government Resources, Healthcare, Human Rights, Immigration Law, KM, Social Media

Pete Recommends – Weekly highlights on cyber security issues, February 28, 2026

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: DHS Wants a Single Search Engine to Flag Faces and Fingerprints Across Agencies; LinkedIn ID verification data will likely be shared with third parties; AI controls are coming to Firefox; Meta Employee Shares OpenClaw Email-Deletion Nightmare; and This App Warns You if Someone Is Wearing Smart Glasses Nearby.

Subjects: AI, Civil Liberties, Cryptocurrency, Cybercrime, Cybersecurity, Economy, Email Security, Financial System, Legal Research, Search Engines, Social Media

AI in Finance and Banking, January 31, 2026

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. Six highlights from this post: The FCA has launched a review into the implications of advanced AI on consumers, retail financial markets and regulators; The Dangerous Illusion Of Explainable AI In Modern Finance; Companies including Palantir and Deloitte have collectively reaped more than $22bn from contracts linked to Donald Trump’s immigration crackdown; Digital Economics and AI Tutorial, Spring 2026, Alfred P. Sloane Foundation; Speculative Growth and the AI; and Behavioral Economics of AI: LLM Biases and Corrections.

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

Hold Fast, Harvard

Since 2025 the Secretary of Education Linda McMahon has engaged in battles with major American institutions of higher education and research. Using the Trump administration’s Compact for Academic Excellence in Higher Education, McMahon demands strict adherence to “educational principles” that include elimination of ‘DEI’ programs to quality for ‘preferential federal funding.’ In the case of Harvard University, this funding is on the order of $2.2 billion annually. Lawyer Kyle K. Courtney unravels the litigation at the heart of Harvard’s effort to preserve academic freedom and deny the administration another huge payoff with no transparency as to where the exortion money actually ends up.

Subjects: Economy, Education, Financial System, Free Speech, Healthcare, Legal Research, Medical Research, United States Law

AI In Finance and Banking, January 18, 2026

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: Markets brace for 2026 as investors flag potential AI overheating and uncertainty over Federal Reserve policy; Artificial intelligence and growth in advanced and emerging economies: short-run impact; Here’s what Wall Street bank CEOs are saying about head count in the age of AI; Why insurance companies should encourage solid AI risk management instead of excluding it; and SoftBank has completed its $40 billion investment commitment to OpenAI.

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

AI in Finance and Banking, December 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. Six highlights from this post: How the AI ‘bubble’ compares to history; Artificial intelligence and growth in advanced and emerging economies: short-run impact; Generative economic modeling; The Emerging Market for Intelligence: Pricing, Supply, and Demand for LLMs; Macroeconomic productivity gains from Artificial Intelligence in G7 economies; and AI boom adds $500bn to net worth of US tech billionaires in 2025.

Subjects: AI in Banking and Finance, Economy, Financial System, Government Resources, Legal Research

Pete Recommends – Weekly highlights on cyber security issues, December 20, 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: Online Shoppers Beware — Study Finds Fake Delivery Sites Exploding Ahead of Holiday Rush; FBI Couldn’t Read Data Pointing to Pipe Bomb Suspect; Medicare.gov to deploy ID.me for beneficiary verification; and How to spot videos created by artificial intelligence.

Subjects: AI, Civil Liberties, Congress, Cybercrime, Cybersecurity, E-Commerce, E-Government, Economy, Healthcare, Privacy, Social Media, United States Law

AI in Finance and Banking, December 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: FCA sets out plans to help build mortgage market of the future; GDP Nowcasting Performance of Traditional Econometric Models vs Machine-Learning Algorithms: Simulation and Case Studies; UK banks turn to AI for fraud prevention and to improve services. Tools help detect organised crime, automate lending checks and deliver personalised financial offerings; Firms harness AI tools in search for competitive edge.

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