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Cal Matters – Wall Street is betting big on AI. California consumers must be...

Justin Kloczko - 0
By Justin Kloczko, CAL MATTERS https://calmatters.org/commentary/2024/03/wall-street-ai-california-protections Artificial intelligence may soon replace financial advisors, and that’s just the start. While one algorithm predicts stock price, another decides what to disclose to regulators. Chat GPT-style language models could...
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Are Draft AI Regs Too Strong or Too Weak? The CA Privacy Agency Can’t...

Justin Kloczko - 0
Do the regs have a loophole?
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Consumer Watchdog Report Shows How Wall Street AI Could Cause a Financial Crisis And...

Justin Kloczko - 0
Wall Street banks are seeking patents and trademarks for a range of uses, with JPMorgan Chase, Goldman Sachs and Morgan Stanley seeking AI patents and trademarks for investment, analyzing securities, and predicting stock prices and portfolios.
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Hallucinating Risk: Here’s How Artificial Intelligence Is Taking Over Wall Street and What Can...

Justin Kloczko - 0
Major Wall Street investment banks are pouring billions of dollars into AI research, patents, and financing without adequate safeguards, according to an investigation by Consumer Watchdog.Financial services spending on AI is larger than any...
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Consumer Alert: Wall Street using AI

Justin Kloczko - 0
https://www.youtube.com/watch?v=3X_XxaU8Gzk&feature=youtu.be Hallucinating Risk. Here’s how Artificial Intelligence is taking over Wall Street and what Can be Done About it
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Data Privacy

CA Privacy Agency Debates Scope of Automated Decisions, Proposes Opt Out Preference Signal Legislation

Justin Kloczko - 0
The state’s top data privacy enforcer, the California Privacy Protection Agency (CPPA), has voted on to send a package of rules surrounding data cyber security audits to public comment while sending regulations for risk assessments...
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Are California’s New Draft AI Regs Good?

Justin Kloczko - 0
More and more, AI is making decisions for us without us evening knowing it. On Monday, the California Privacy Protection Agency (CPPA) released draft language for business compliance regarding automated decisionmaking (ADM). Overall, they are a...
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Former City Lawyer: FBI Determined Feuer Lied About Knowledge of Extortion Payment

Justin Kloczko - 0
This is a cross-post with the Debaser, a newsletter about LA lawyers and politics. Los Angeles—After receiving word from the judge that he’s going to prison for 33 months, former LA city lawyer Paul Paradis...
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Waymo

The California Public Utilities Commission Oks Driverless Expansion Despite Incomplete Safety Record

Justin Kloczko - 0
A former Cruise lawyer and current CPUC commissioner voted in favor of his former employer
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Waymo

The California Public Utilities Commission Must Reject Robotaxi Expansion

Justin Kloczko - 0
The city of San Francisco said there have been over 240 such reported incidents since the beginning of the year. But you wouldn’t know it if you asked regulators or the robotaxi companies themselves. They don't have to report it.
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