AI is reshaping all industries as it captivates the public with its limitless potential. Many in financial services have strong reservations about the technology, but it is here and is not going away. How can banks harness the opportunities of AI, from reducing costs to maximizing the customer experience, while managing its shortcomings?
Kevin Rudd, incoming Ambassador of Australia to the United States, discussed his new book “The Avoidable War: The Dangers of a Catastrophic Conflict Between the U.S. and Xi Jinping’s China” at a SPIA panel on March 3. He expressed his concerns about mounting tensions between the two countries, and his theorized path to evading conflict.
The American Academy of Political and Social Science (AAPSS) will award the 2023 Daniel Patrick Moynihan Prize to Princeton economics professor Alan Blinder. The Moynihan Prize is awarded annually to a leading policy-maker, social scientist or public intellectual whose career demonstrates the value of using research and evidence to improve the human condition.
Tech-firm layoffs, coupled with hiring in lower-wage industries like restaurants, signal a shift back toward pre-pandemic job patterns. But for the first time in 40 years, the wage gap is declining.