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Judges Approve use of ChatGPT in Legal Rulings, Despite Its Tendency to Fib — and ‘Invent’ False Cases
Fallible AI gets the go-ahead in Britain to summarise lengthy texts and perform ‘administrative’ court tasks. UK judges will be allowed use ChatGPT to help write legal rulings — despite warnings that the technology can “invent” cases that never happened.
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‘The Madman’ Takes Charge: Javier Milei Inaugurated President of Impoverished Argentina
In his inaugural address to the nation on Sunday, delivered on the steps of the Argentina’s domed neoclassical congress, President Javier Milei (53) repeatedly reminded the crowd that “all the money” has gone and austerity looms. His message was met
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James Caan CBE, an Ambassador for the Transformational Power of AI Development, Welcomes the £500m Boost for AI Development in the Autumn Statement
AI has the power to be a game changer for the UK economy, and so I was incredibly relieved to see the Chancellor pledge £500 million into AI development in his Autumn Statement. It’s investment at a level that matches
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From Beeb ‘Rescue’ to Champion of a Break-out Platform for Content Creators
Ben Lavender, the man once credited with ‘saving the BBC’, is now backing a disruptive online platform. The former founder of BBC iPlayer is helping to formulate a platform to help content creators get their work noticed — and financially
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Money, Munitions, Military Outlay, and EU’s Plight in War of ‘Catch-up’
There is no more enduring truth than that expressed by Roman statesman and philosopher Marcus Tullius Cicero: ‘The sinews of war are infinite money.’ The peace dividend, now exhausted, delivered European countries €4.2tn (£3.6tn) over the past 30 years —
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Binance Teeters as Regulators Close-in on Troubled Exchange
Crypto is having another ‘moment’. Wim Romeijn takes a look for CFI.co… Binance, the largest exchange for trading digital currency and its derivatives, is in distress. A dozen senior executives have left, and the company has fired 1,500 staff as
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Coal, Ja Bitte, Nuke, Nein Danke: Germany’s Other Sort of Nuclear ‘Disaster’ is Unfolding
Coal is a dirty source of fuel, and brown coal is the worst of the lot — yet, as Wim Romeijn reports, that’s what nuclear-shy Germans have opted for… Around the time Germany shuttered its last three nuclear power plants,
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On Freeters and Other Exotic Creatures in a Land of Plenty
The sustainability of Japan’s society is in doubt for various reasons, writes Wim Romeijn. China, Europe, and even the United States are all said to be at risk of “Japanification”: a protracted malaise of low growth, low inflation, low interest
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China Syndrome: A Wilting Economy, Financial ‘Long-Covid’, a Collapsing Property Sector — and the Spectre of Deflation Hovering Nearby
The global economy is supported by four pillars; two are wobbly, reports Wim Romeijn, and one is being rebuilt. The first in a series of four CFI.co investigations… The world’s major economies are facing up to an era beset by
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Inverted Yield Curves and Central Bankers Pull Focus to the Tetons as BRICS Founders
Another day, another financial event — the 46th US Federal Reserve Summer Symposium — for Wim Romeijn to ponder… As BRICS leaders discuss ways to challenge US hegemony and overthrow the mighty dollar as the global reserve currency, the minders
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