Category «Economy»

Pete Recommends – Weekly highlights on cyber security issues, December 7, 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. Six highlights from this week: Admins and defenders gird themselves against maximum-severity server vulnerability; WhatsApp closes loophole that let researchers collect data on 3.5B accounts; Real or AI? The 7 Telltale Signs Every Fake Image Still Can’t Hide; Does a VPN really slow down your internet? I measured it; Google Starts Sharing All Your Text Messages With Your Employer; and Yep, Cloudflare died again. Here’s what happened.

Subjects: Computer Security, Cybercrime, Economy

The Trump Administration’s Continued War Against Science, Research and Public Health – Part 5

The fifth in a series by Sabrina I. Pacifici focuses once again on government resources, data and datasets that been taken offline, censored or otherwise altered to block access. As these data are no longer updated, the value and relevance to researchers decreases rapidly. These data operationalize critical work performed by federal government agencies and in concert with academic institutions and research institutions. The scope of this censorship has wiped out taxpayer funded research across across all subject matters, which until this administration, was openly posted on e-government sites for further exploration and enhancement by both the public and private sectors.

Subjects: Climate Change, Economy, Education, Energy, Environmental Law, Government Resources, Healthcare, KM, Legal Research

The Law Firm Pyramid Rollover

Heather Suttie is widely acknowledged as one of the world’s leading authorities on legal market strategy and management of legal services firms. In this article she addresses how artificial intelligence, pricing, and transience of the legal service sector’s workforce will cause the traditional law firm pyramid structure to rollover like an upending iceberg. The result? By 2030, global legal services will operate much differently than they do now.

Subjects: AI, Continuing Legal Education, Economy, Financial System, Leadership, Legal Profession, Management

The Imminent AI Bubble Crash (and Why It Won’t Matter in the Long Run)

This article examines why today’s AI boom resembles the dot-com bubble—soaring valuations, unprofitable companies, copy-cat entrants, and heavy speculation driven in part by infrastructure providers themselves. Drawing parallels from 1999 to now, Jerry Lawson argues that although an AI correction is inevitable, it won’t derail the long-term transformation AI will bring. The bubble will burst—but the technology will endure, and the real winners will emerge in the next wave.

Subjects: AI, Economy, Financial System, KM, Legal Profession, Legal Technology

AI in Finance and Banking, November 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. Six highlights from this post: The Price of Intelligence: How Should Socially-minded Firms Price and Deploy AI?; The use of artificial intelligence for policy purposes; How Technology Is Reshaping Finance; How Financial Firms Can Modernize Legacy Systems Without Disrupting Core Operations; Central banks and other supervisory and regulatory authorities need to “raise their game” both as observers of the effects of artificial intelligence on the economy; How banks are laying the foundation for agentic AI; and Gemini Deep Research comes to Google Finance, backed by prediction market data.

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

Pete Recommends – Weekly highlights on cyber security issues, November 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. Five highlights from this week: Don’t Get Tricked by Fake Amazon Reviews This Black Friday; Meta makes billions from scam ads on Facebook, Instagram: Report; Digital IDs: The Future of Identity Documents; New Google Lawsuit May End Massive Text Phishing Operations; and Google Drive Will Use AI To Turn Lengthy PDFs Into Short Audio Summaries.

Subjects: Cybercrime, Cybersecurity, Economy, Financial System, Legal Research, Privacy, Search Engines, Social Media, Technology Trends, United States Law

All government shutdowns disrupt science − in 2025, the consequences extend far beyond a lapse in funding

The government shutdown will continue until Congress can pass a bill reopening it. Samuel Corum/AFP via Getty Images U.S. science always suffers during government shutdowns. Funding lapses send government scientists home without pay. Federal agencies suspend new grant opportunities, place expert review panels on hold, and stop collecting and analyzing critical public datasets that tell …

Subjects: Economy, Education, Government Resources, Health, Healthcare

The Trump Administration’s Continued War Against Science, Research, Public Health, and the Rule of Law – Part 4

This the fourth in a series by Sabrina I. Pacifici on the Trump administration’s relentless attacks against science, medicine and public health, government sponsored data collection and reporting, climate science, and censorship of government documents and federally funded academic research and scholarship. Our country continues to face daily attacks on our civil liberties, access to accurate, actionable and science based medical and health information, broadening censorship of government information, and the dismantling of our non partisan federal workforce. These attacks have bypassed laws and regulations that exist to ensure equality, justice, the rule of law and the safeguarding of civil liberties. These dangerous cracks in the pillars of US democracy have shattered long agreed upon norms that have until January 20, 2025 defined how the institutions and procedures of our three co-equal branches of government, the legislative, executive, and judicial branches sustain democracy. In the month of October alone, our government and the economy, public health and safety, our legal system, science and research, food and nutrition programs, public health and critical vaccine programs, have sustained irrevocable blows by the Trump administration.

Subjects: Archives, Big Data, Civil Liberties, Economy, Education, Free Speech, Freedom of Information, Government Resources, Healthcare, Leadership, Legal Research, Medical Research

AI in Finance and Banking, October 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: Sequoia invests in AI tool that could replace junior bankers; Artificial intelligence and central banks: monetary and financial stability implications; Making AI Count: The Next Measurement Frontier; Defining The Big Picture Framework When It Comes To The Economics Of Transformative AI; and A Review of AI Applications in Digital Banking Platforms: Enhancing Accessibility, Usability, and Engagement.

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

Pete Recommends – Weekly highlights on cyber security issues, October 25, 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: Publishers Adopt Aggressive New Tactics to Block AI Scraping; What the Huge AWS Outage Reveals About the Internet; Social Security Administration (SSA) is warning the public about a new government imposter scam; Image Scrubber for obscuring faces, stripping out the identifying metadata attached to your photos; and Clickbait Gives AI Models ‘Brain Rot,’ Researchers Find.

Subjects: AI, Court Resources, Cryptocurrency, Cybercrime, Cybersecurity, Economy, Financial System, Privacy