The nation’s largest pension plan has 380 people overseeing $320 billion in assets. But when one of its top officials was asked during a board meeting how much in performance fees was paid to private-equity managers, he had to acknowledge no one knew. Source: Only Robots Can Tally What the Largest U.S. Pension Fund Pays…
We are living in an age in which the behavioral sciences have become inescapable. The findings of social psychology and behavioral economics are being employed to determine the news we read, the products we buy, the cultural and intellectual spheres we inhabit, and the human networks, online and in real life, of which we are…
Dan Ariely created an automatic reply email with FAQs that try to anticipate most of the requests he receives. Source: How do you get to Inbox Zero? This is the system the noted behavioral economist Dan Ariely uses to tames his email — Quartz
The takeover of the UK’s Streetlife by America’s Nextdoor leaves many users deeply unhappy. Source: Streetlife users in Nextdoor privacy row – BBC News
Changing education essential to achieve the best from the new industrial revolution Source: Life-long learning will be crucial in the AI era
Trade protectionism will not stop the advance of automation Source: Learn to love the real job killer
Source: European Commission Strategy on Criminal Justice in Cyberspace Can Move the Debate Forward | Center for Democracy & Technology
The Financial Times reported that thousands of regulatory and compliance jobs will disappear “as the world’s biggest banks harness artificial intelligence systems.” “In a report called ‘digital disruption’ sent to clients this week, Citi said there was a ‘huge cost take-out opportunity for financial institutions’ from the fast-growing area of regulatory technology or regtech.”
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