AI in Finance and Banking, May 15, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, industry white papers, academic papers and speeches 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. Four highlights from this post: Artificial Intelligence and the Skill Premium; Rising Cyber Threats Pose Serious Concerns for Financial Stability; The Future Of Banking: Morgan Stanley And The Rise Of AI-Driven Financial Advice; and The Pitfalls of Mixing Up AI and Automation in Finance.

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

As climate change amplifies urban flooding, here’s how communities can become ‘sponge cities’

Dr. Franco Montalto is a water resources engineer who studies and designs strategies for sustainably managing urban stormwater. In response to recent flooding episodes, some U.S. cities are beginning to take steps toward incorporation of sponge city concepts into their stormwater management plans, but most of these projects are still pilots. If this concept is to evolve into the new standard for urban design, city officials and developers will need to find ways to scale up and accelerate this work.

Subjects: Climate Change

If using LinkedIn makes you feel like an imposter at work, here’s how to cope

Dr. Sebastian Oliver acknowledges when it comes to professional social media, LinkedIn, with its billion-plus members, stands unrivalled. The platform for career updates, networking and job searches has effectively become a requirement in the professional world. It can be a great tool to help you progress in your career. But, as Oliver describes, just like other social media, using LinkedIn can lead to feelings of envy, comparison and self-doubt.

Subjects: Social Media

Pete Recommends – Weekly highlights on cyber security issues, May 11, 2024

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: Bank scammers using genuine push notifications to trick their victims; How VISA is using generative AI to battle account fraud attacks; War Zone Surveillance Technology Is Hitting American Streets; and Negating all VPNs may have been possible since 2002.

Subjects: AI, AI in Banking and Finance, Cybercrime, Cybersecurity, Privacy

Pete Recommends – Weekly highlights on cyber security issues, May 4, 2024

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: 9 Disturbing Stories From People Who Say They Found Cameras in Their Airbnb; Stop Using Your Face or Thumb to Unlock Your Phone; How Netflix and Other Streaming Services Charge You Forever; Kaiser gave 13.4M people’s data to Microsoft, others; and Huawei has been investing in US research despite being banned.

Subjects: AI, Cyberlaw, Cybersecurity, Financial System, Government Resources, Healthcare, Legal Research, Privacy, Social Media

LLRX April 2024 Issue

Articles and Columns for April 2024 Violence Against Women and International Law, April 2024 Update – Sabrina I. Pacifici’s April update comprises recent news, reporting and social media postings. It also includes a report issued by the UN acknowledging that…”Based on the information it gathered, the mission team found clear and convincing information that sexual …

Subjects: KM

AI in Finance and Banking, April 30, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, industry white papers, academic papers and speeches 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. Four highlights from this post: Banks told to anticipate risks from using AI, machine learning; Banks don’t talk about the energy AI guzzles. Here’s why they should; Chatbot answers are all made up. This new tool helps you figure out which ones to trust; and AI is becoming a big deal for big banks.

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

Violence Against Women and International Law, April 2024 Update

This is the April 2024 update to first installment of the guide Sabrina I. Pacifici published on November 23, 2023. The initial guide had 8 pertinent sources on this topic comprising government reports, academic papers, reviews of UN/NGO programs, news, databases, analysis and commentary. Part 2 of this series, posted December 31, 2023, expanded the original guide with more than a dozen new sources. The February 2024 update to this guide, added new links to over two dozen sources.
This update comprises recent news, reporting, and social media postings. It also includes a report issued by the UN acknowledging, despite months of denial, prevarication and statements to the contrary in official communications as well as action by various representatives of the organization that…”Based on the information it gathered, the mission team found clear and convincing information that sexual violence, including rape, sexualized torture, cruel, inhuman and degrading treatment has been committed against hostages and has reasonable grounds to believe that such violence may be ongoing against those still held in captivity.”

Subjects: Civil Liberties, Criminal Law, International Legal Research, Legal Research

Pete Recommends – Weekly highlights on cyber security issues, April 27, 2024

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: Why Microsoft is a national security threat; You Should Make Your Apple ID Recoverable Right Now; How to change your Social Security Number; and Cops Are Now Using AI to Generate Police Reports.

Subjects: AI, Big Data, Criminal Law, Cybercrime, Cybersecurity, Healthcare, Privacy, Social Media

Move Over Law Professors? AI Likes to Write Law Review Articles Too!

Sarah Gotschall describes this deep dive into how AI is used to write law review articles, with illustrations that detail the complexity and limitations of the effort. Claude (aka the illustrious author Claudia Trey) penned a 77-page extensively footnoted law review article on SSRN entitled “Bloodlines Over Merits: Exposing the Discriminatory Impact of Legacy Preferences in College Admissions.” Though not setting the world on fire in the sense that the article is interesting or that anyone wants to read it, it showcases Claude’s abilities. Now, we all know that AI text generators can churn out an endless stream of words on just about any topic if you keep typing in the prompts. However, Claude can not only generate well-written text, but it can also provide footnotes to primary legal materials with minimal hallucination, setting it apart from other AI text generators such as ChatGPT-4. And, although Claude’s citations to other sources are generally not completely accurate, it is usually not too difficult to find the intended source or a similar one based on the information supplied.

Subjects: AI, Education, Legal Education, Legal Profession, Legal Research