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News - The Similarities Between ESG And Fascism Are Scary

News - The Similarities Between ESG And Fascism Are Scary
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Larry Fink's Crusade Runs Into Resistance | The Heritage Foundation

Only a few years after “woke capitalism” was touted as the wave of the future, its supporters are getting a wakeup call of their own. ....

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Larry Fink's Crusade Runs Into Resistance | RealClearPolitics

Larry Fink's Crusade Runs Into Resistance | RealClearPolitics
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Why Does the Brand of My Phone Affect My Credit Rating? | Skadden, Arps, Slate, Meagher & Flom LLP

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To capitalize on the promise of artificial intelligence and alternative data, boards need to anticipate and mitigate various risks.
Takeaways
Neither regulators nor the public will be satisfied with “black box” decisions.
Reputational risk must be weighed alongside legal requirements.
The Potential
Alternative data and artificial intelligence (AI) have generated tremendous excitement in the business world. The technology offers the potential for faster, more efficient and more reliable decisions. Banks and fintech platforms already use them to make credit decisions, and they show promise in other areas, from fraud prevention to hiring decisions. ....

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