Colorado Governor Signs Broad AI Bill Regulating Employment Decisions

  • Post category:Seyfarth Shaw LLP
  • Reading time:11 mins read

Seyfarth Synopsis: On May 17, 2024, Colorado Governor Jared Poils signed Colorado SB 24-205, making Colorado the first state to enact broad legislation regulating employers’ use of AI to make “consequential decisions.” Colorado SB 24-205 broadly covers a wide range of AI applications, including employment, and incentivizes AI risk management practices…

Guts and Fairness: How Bacteria May Influence Your Behaviour

  • Post category:INSEAD Knowledge
  • Reading time:7 mins read

Every day, we make many decisions that affect not just ourselves but also the people around us. A few examples: Navigating different opinions at a team meeting, tipping wait staff at a restaurant, picking a weekend activity with friends, or choosing between conventional and sustainable but more expensive products. Traditionally, researchers…

What on earth does the South Pacific have to do with Azerbaijan?

  • Post category:Credit Agricole
  • Reading time:9 mins read

Baku is “meddling” and this meddling is “extremely harmful”. So said Gérald Darmanin after a New Caledonian separatist elected official signed a memorandum of collaboration with the Azerbaijani Parliament. Then there is the involvement of Tavini Huira’atira (formerly the Polynesian Liberation Front) in the Baku Initiative Group, created to “stand…

Earth’s earliest sea creatures drove evolution by stirring the water

A study involving the University of Cambridge has used virtual recreations of the earliest animal ecosystems, known as marine animal forests, to demonstrate the part they played in the evolution of our planet.Using state-of-the-art computer simulations of fossils from the Ediacaran time period - approximately 565 million years ago -…

Russia – Central Asia: No Alternative or Natural Partnership?

On May 14–15, 2024, in Ufa, the very heart of Eurasia, the 4th Central Asian Conference of the Valdai Discussion Club took place. One of the participants lauded it as “a feast of intellectual thought.” We invite our readers to explore what was said, because not all discussions were open…

Open Models and Maturation: Assessing the Generative AI Market

In this episode of the AI + a16z podcast, a16z partners Guido Appenzeller and Matt Bornstein discuss the state of the generative AI market, about 18 months after it really kicked into high gear with the release of ChatGPT — everything from the emergence of powerful open source LLMs to…

Long-distance thinking: Applying a marathon mindset to mergers and acquisitions

  • Post category:Clarasys
  • Reading time:6 mins read

Marathon season has arrived, and runners of all calibres gear up to conquer the daunting yet exhilarating challenge of endurance racing. Whilst the world of marathon running and mergers and acquisitions (M&A) may feel worlds apart, the mindset required is not too dissimilar. Whilst it presents opportunities for optimisation and…

How We Create Respectful Work Cultures

  • Post category:Civility Partners
  • Reading time:3 mins read

For the past 15 years, we have been dedicated to transforming toxic workplace cultures and fostering positive environments through executive coaching, corporate training, and large-scale culture change projects. We’ve serviced over 250 clients and their thousands of employees worldwide! We understand the daily struggles faced by employees in toxic environments,…

Central Asia in Search of Water Cooperation

The freshwater situation is becoming increasingly politicised. We can confidently say that the hydrological and political issues are gradually converging and will soon form complementary categories, write Alexey Mikhalev and Kubatbek Rakhimov for the 4th Central Asian conference of the Valdai Discussion Club.Central Asia is one region where the future…

Maryland Amends Pay Transparency Law to Require Wage Range Disclosure in Job Postings

  • Post category:Seyfarth Shaw LLP
  • Reading time:6 mins read

Seyfarth Synopsis: Maryland Governor Wes Moore has signed into law a bill that will expand Maryland employers’ pay transparency obligations.  Effective October 1, 2024, employers must disclose in public or internal job postings a good faith wage range and a general description of benefits and other compensation offered for the…

OFCCP Releases Guidance on Federal Contractors’ Use of AI and Automated Systems

  • Post category:Ogletree Deakins
  • Reading time:10 mins read

Quick Hits OFCCP released its first detailed guidance on federal contractors’ use of AI and automated systems. The guidance instructs federal contractors to routinely monitor whether AI and automated systems have a disparate or adverse impact on protected groups and take actions to reduce those impacts or use different tools.…

6 classroom tools for Global Accessibility Awareness Day 2024

  • Post category:Microsoft
  • Reading time:8 mins read

Global Accessibility Awareness Day (GAAD) is Thursday, May 16, 2024. It's a day dedicated to understanding and practicing accessibility concepts that support the more than 1 billion people worldwide with impairments and disabilities. Seventy-two percent of classrooms have students with individual education needs, while 84% of educators say it’s impossible…

Webb detects most distant black hole merger to date

Astronomers have found supermassive black holes with masses of millions to billions times that of the Sun in most massive galaxies in the local Universe, including in our Milky Way galaxy. These black holes have likely had a major impact on the evolution of the galaxies they reside in. However,…

3 Questions With… Varun Krishna, Rocket Companies

This content first appeared in the May 2024 Fintech newsletter. If you’d like more commentary and analysis about news and trends from the a16z Fintech team, you can subscribe here. It didn’t take much to convince Varun Krishna, the Chief Executive Officer of Rocket Companies and Chief Executive Officer of…

May Fintech Newsletter: New a16z Fintech Podcast, Q&A With Rocket Companies’ Varun Krishna, and More

Posted May 16, 2024 This content first appeared in the May 2024 Fintech newsletter. If you’d like more commentary and analysis about news and trends from the a16z Fintech team, you can subscribe here. Introducing In the Vault For too long, technology and finance existed in parallel universes. Financial institutions…

New Jersey Supreme Court Declares Non-Disparagement Provisions ‘Impermissible’ When Used to Silence Victims Under NJLAD

  • Post category:Ogletree Deakins
  • Reading time:5 mins read

Quick Hits The New Jersey Supreme Court invalidated an otherwise valid settlement agreement solely because the agreement contained a “non-disparagement provision,” the scope of which the court found “would bar individuals from describing an employer’s discriminatory conduct” in violation of NJLAD. The court held that the non-disparagement provision was broad…

AI Hype and Skepticism: Economist Paul Romer

The Artificial Intelligence and Business Strategy initiative explores the growing use of artificial intelligence in the business landscape. The exploration looks specifically at how AI is affecting the development and execution of strategy in organizations. Paul Romer once considered himself the most optimistic economist. He rightfully predicted that technology would…

Ten Cambridge scientists elected as Fellows of the Royal Society 2024

The Royal Society is a self-governing Fellowship of many of the world’s most distinguished scientists drawn from all areas of science, engineering and medicine.The Society’s fundamental purpose, as it has been since its foundation in 1660, is to recognise, promote and support excellence in science and to encourage the development…

Nine Cambridge scientists elected as Fellows of the Royal Society 2024

The Royal Society is a self-governing Fellowship of many of the world’s most distinguished scientists drawn from all areas of science, engineering and medicine.The Society’s fundamental purpose, as it has been since its foundation in 1660, is to recognise, promote and support excellence in science and to encourage the development…

How to de-risk: European economic security in a world of interdependence

  • Post category:Bruegel
  • Reading time:30 mins read

Over a period of just 15 years, Europe has been confronted with a financial shock that originated in the United States, a pandemic shock that originated in China but could have come from anywhere, and an energy shock provoked by Russia’s invasion of Ukraine. These events have prompted a re-examination…

Singapore 4.0

  • Post category:INSEAD Knowledge
  • Reading time:10 mins read

Lawrence Wong, a US-trained economist, was sworn in as Singapore’s fourth Prime Minister yesterday. He has big shoes to fill. Under long-time former PM Lee Hsien Loong, Singapore became a bona fide growth miracle and is now one of the richest countries in the world. But Wong is also taking over…

Tap Employee-Creators to Transform Your Social Media Strategy

Frontiers Businesses that help employees become social media stars have a cost-effective way to generate enormous brand visibility. Aaron Dinin May 15, 2024 Reading Time: 9 min  Topics Frontiers An MIT SMR initiative exploring how technology is reshaping the practice of management. More in this series James Yang/theispot.com On Jan.…

A Major Roadblock for Autonomous Cars: Motorists Believe They Drive Better

Think you’re a better driver than most people? You’re not alone. And you may be one reason self-driving cars haven’t taken off.About 77 percent of participants surveyed in a new study rated themselves superior to automated vehicles, while 60 percent thought other people were worse. Drivers’ egos may be bridling…

Assessments that go beyond ‘How often do you feel blue?’

One way to find out how someone is feeling is to ask them. “In the past two weeks, how often have you felt little interest or pleasure in doing things?” begins a standard questionnaire for depression. “How often have you felt afraid, as if something awful might happen?” inquires one…

Find A Way… Letting Life Experience Call You in

This season we've been taking on HOW to learn through experience which fundamentally challenges the brain-bound assumption that learning starts and stays in the brain. We aren't so great at honoring the wisdom, expertise, and leadership that emerges from lived experience, but our own life may guide us – especially…

Mexico’s 2024 Elections: Workers Entitled to Holidays for Voting on June 2 and Presidential Inauguration on October 1

  • Post category:Ogletree Deakins
  • Reading time:3 mins read

Quick Hits June 2, 2024, and October 1, 2024, are mandatory holidays due to federal elections in Mexico and the presidential inauguration day. Employees who work on mandatory holidays are entitled to two times their daily wage in addition to their normal salary for that day. Employers must respect and…

Consumer credit: Who’s applying for loans now?

15 May 2024By Omiros Kouvavas and Athanasios TsiortasDespite rising interest rates, more consumers are applying for loans. This demand comes mainly from households with lower income. The ECB Blog takes a closer look into credit applications and how they affect banks’ credit standards and credit issuance to households.Recent results from…

Russia and Central Asia: Bilateral and Multilateral Relations

Since the previous Central Asian conference in Tomsk, there have been significant changes in the system of bilateral and multilateral relations in the region. These changes have been prompted by various factors, including internal developments within the five countries, as well as the actions of external actors nearby, such as…

Flawed Feedback: The Problem with Peer Reviews

  • Post category:INSEAD Knowledge
  • Reading time:7 mins read

When it comes to performance reviews, managers have traditionally held the reins, assessing employee contributions based on their observations and insights. But this approach can be flawed, as managers may harbour biases or lack a complete picture of each team member’s efforts. To address these limitations, some companies have adopted peer evaluations,…

The Promise of Brazil’s Green Economy

  • Post category:INSEAD Knowledge
  • Reading time:11 mins read

In his 1941 non-fiction work Brazil: Land of the Future, Austrian author Stefan Zweig waxes lyrical about the South American country’s lush and fertile landscapes, astute city planning and melting pot of cultures living in harmony. These, he believes, could help Brazil become a leader on the global stage.“Brazil’s importance for…

Building a Data-Driven Culture: Three Mistakes to Avoid

Topics Data, AI, & Machine Learning Data & Data Culture Column Our expert columnists offer opinion and analysis on important issues facing modern businesses and managers. More in this series subscribe-icon Subscribe Share Carolyn Geason-Beissel/MIT SMR | Getty Images When one of the largest global telecom companies grappled with high…

6 ways for educators to use Microsoft Copilot for end-of-school year tasks

  • Post category:Microsoft
  • Reading time:10 mins read

The end of the school year is a hectic time for educators everywhere. Between reviewing content, completing assessments, and maintaining classroom management, it’s easy to feel the pressure of too many responsibilities and not enough time to accomplish everything.Whether closing out the academic year in the northern hemisphere or preparing…

How Generative AI Is Remaking UI/UX Design

As former developers and product managers, we’ve lived the grueling dance between designers and developers, where questions such as “Is this design technically feasible?” and “Can you add another screen for this step?” take place in every meeting. All too often, this aspiring creative exchange resulted in a Jira-filled, time-consuming…

2023 was the hottest summer in two thousand years

Although 2023 has been reported as the hottest year on record, the instrumental evidence only reaches back as far as 1850 at best, and most records are limited to certain regions.Now, by using past climate information from annually resolved tree rings over two millennia, scientists from the University of Cambridge…

Connecticut Expands Paid Sick Law to Establish Entitlements for Most Employees by 2027

  • Post category:Ogletree Deakins
  • Reading time:7 mins read

 Current LawExpansion Under Public Act No. 24-8 Effective January 1, 2025 (Unless Otherwise Noted)Covered EmployeesThe current law applies to “service workers,” who are defined as employees in certain occupations identified in the U.S Bureau of Labor Statistics’ Standard Occupational Classification system.The expanded law applies to all employees, including seasonal employees…

Introducing GPT-4o: OpenAI’s new model in preview on Azure

  • Post category:Microsoft
  • Reading time:3 mins read

Microsoft is thrilled to announce the launch of GPT-4o, OpenAI’s new flagship model on Azure AI. This groundbreaking multimodal model integrates text, vision, and audio capabilities, setting a new standard for generative and conversational AI experiences. GPT-4o is available now in Azure OpenAI Service, to try in preview, with support…

Over 20,000 people join search for new dementia treatments

Using the resource, scientists have already been able to show for the first time that two important bodily mechanisms – inflammation and metabolism – play a role in the decline in brain function as we age.By 2050, approximately 139 million people are expected to be living with dementia worldwide. In…