Category Archives: Economics

Generative AI could leave users holding the bag for copyright violations

By Anjana Susarla, Michigan State University. Published 3-22-2024 by The Conversation

Image: rawpixel.com

Generative artificial intelligence has been hailed for its potential to transform creativity, and especially by lowering the barriers to content creation. While the creative potential of generative AI tools has often been highlighted, the popularity of these tools poses questions about intellectual property and copyright protection.

Generative AI tools such as ChatGPT are powered by foundational AI models, or AI models trained on vast quantities of data. Generative AI is trained on billions of pieces of data taken from text or images scraped from the internet.

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Legislative inaction and dissatisfaction with one-party control lead to more issues going directly to voters in ballot initiatives, with 60% of them in six states

By Thom Reilly, Arizona State University. Published 3-21-2024 by The Conversation

Photo: Stewart Butterfield/flickr/CC

Recent polls show Americans are increasingly dissatisfied with their system of representative democracy, in which they choose candidates to represent their interests once in office.

When available, voters have bypassed their elected representatives and enacted laws by using direct democracy tools such as ballot initiatives and veto referendums. Ballot initiatives allow citizens or legislatures to propose policies for voter approval, while veto referendums permit challenges to legislative action.

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New CDC Data Reveals ‘National Embarrassment’ of For-Profit Healthcare

“Our leaders must act to kick insurance companies to the curb and enact Medicare for All now,” said one advocate.

By Brett Wilkins. Published 3-21-2024 by Common Dreams

Photo: March for Medicare for All/Facebook

Single-payer advocates on Thursday pointed to new federal life expectancy data—which shows Americans live shorter lives than people in any other major most-developed nation—as the latest proof of the need to enact a Medicare for All-type universal healthcare program.

According to the Centers for Disease Control and Prevention (CDC), U.S. life expectancy was 77.5 years in 2022, an increase of 1.1 years from the previous year. The leading U.S. causes of death in 2022 were heart disease, cancer, unintentional injuries, and Covid-19.

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Greenpeace Says Ban Deep-Sea Mining, Not Our Right to Protest Against It

“How can Greenpeace’s activists paddling on kayaks be a threat to the environment, but the plundering of the oceans be a solution to the climate catastrophe?”

By Brett Wilkins. Published 3-18-2024 by Common Dreams

Greenpeace kayaktivists hold up a sign reading “stop deep-sea mining” during a November 2023 protest near a Nauru Ocean Resources Inc. exploration ship in the Pacific Ocean. (Photo: Martin Katz/Greenpeace/X)

As the International Seabed Authority kicked off its annual summit in Jamaica on Monday to discuss rules for extracting minerals from the ocean floor, Greenpeace—which could be expelled from the United Nations body over a demonstration targeting a mining company—is urging the ISA to “stop deep-sea mining, not protests.”

Representatives of 167 nations are gathering in Kingston to draft the regulatory framework for deep-sea mining, which ISA member states agreed to work out by July 2025. Although there are no current commercial deep seabed mining operations, the ISA has issued exploration licenses to state-owned companies and agencies in China, France, Germany, India, Japan, Russia, and South Korea, and to private corporations including U.K. Seabed Resources, a subsidiary of U.S. military-industrial complex giant Lockheed Martin.

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‘North Sea Fossil Free’: Activists in 6 Countries Protest ‘Unhinged’ Oil and Gas Development

“Going full steam ahead with new North Sea oil and gas is a sure fire route to the worst climate scenarios,” one campaigner said.

By Olivia Rosane. Published 3-16-2024 by Common Dreams

The “oil slicks” performance artist group demonstrates the impacts of a potential oil spill on Scotland’s Moray Firth as part of a North Sea-wide day of action on March 16, 2024. Photo: Extinction Rebellion Scotland/X

Climate activists in six North Sea countries came together on Saturday to carry out acts of civil disobedience in protest of their governments’ continued fossil fuel development.

Demonstrators in the United KingdomNorway, Sweden, Denmark, Germany, and the Netherlands blockaded roads, ports, and refineries; dropped banners; and held solidarity concerts as part of the North Sea Fossil Free campaign to demand that their governments align their plans for the shared body of water with the Paris agreement goal of limiting global heating to 1.5°C above preindustrial levels.

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Trump wouldn’t be the first presidential candidate to campaign from a prison cell

By Thomas Doherty, Brandeis University. Published 3-15-2024 by The Conversation

Eugene V. Debs leaving the Federal Penitentiary in Atlanta, Georgia, on Christmas Day 1921. Photo: Library of Congress/Public domain

The first trial ever of a former president, the so-called “hush money” case against former president and likely GOP presidential nominee Donald Trump, is scheduled to begin with jury selection in New York on March 25, 2024though that may be delayed by a month. Trump faces 34 felony charges related to alleged crimes involving bookkeeping on a payment to an adult film actress during the 2016 presidential campaign.

Trump is unlikely to wind up in an orange jumpsuit, at least not on this indictment, and probably not before November 2024, in any case. Yet if he does, he would not be the first candidate to run for the White House from the Big House.

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Analysis Shows ‘Unprecedented Surge’ of Dark Money Ahead of 2024 Elections

“Contributions from dark money groups and shell companies are outpacing all prior elections and may even surpass the roughly $660 million in contributions from unknown sources that flooded 2020 elections.”

By Brett Wilkins. Published 314-2024 by Common Dreams

The Rolling Rebellion For Real Democracy at the Milwaukee County Courthouse, 2014. Photo:Joe Brusky/flickr/CC

Dark money groups are spending at record levels in their efforts to influence the outcome of the 2024 U.S. elections, an analysis published Wednesday by OpenSecrets revealed.

According to the watchdog, the “unprecedented surge” in spending by dark money groups—which, thanks to the U.S. Supreme Court’s 2010 Citizens United v. Federal Election Commission ruling don’t have to disclose their donors—topped $162 million in 2023, “surpassing the level of dark contributions seen at the same point in any prior election cycle.”

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Report Exposes US Corporations That Pay Their Execs More Than They Pay in Taxes

“Both kinds of corporate misbehavior—underpaying taxes and overpaying executives—ultimately make working families the victim through smaller paychecks and diminished public services.”

By Jake Johnson. Published 3-13-2024 by Common Dreams

Elon Musk at TED2013: The Young, The Wise, The Undiscovered. Wednesday, February 27, 2013, Long Beach, CA. Photo: James Duncan Davidson

Top executives at dozens of major, profitable U.S. businesses received more in total compensation in recent years than their companies paid in federal taxes, underscoring the twin outrages of skyrocketing CEO pay and rampant corporate tax dodging.

report published Wednesday by Americans for Tax Fairness (ATF) and the Institute for Policy Studies (IPS) identifies 35 profitable U.S. corporations that paid their top executives more than they paid the federal government in taxes between 2018 and 2022. The list of companies includes Ford, Netflix, NextEra Energy, and Tesla—whose CEO, Elon Musk, is the richest man in the world.

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Biden 2025 Budget Would Offer ‘Welcome Relief,’ But Not Enough

One expert said that enacting his reforms “will begin to reverse the 40-year one-way ratchet of falling taxes for the wealthy and corporations and instead invest in workers and families.”

By Jessica Corbett. Published 3-11-2024 by Common Dreams

Photto: U.S. Secretary of Defense/flickr/CC

On the heels of delivering the latest State of the Union speech and signing a package of funding bills, U.S. President Joe Biden on Monday unveiled his budget blueprint for fiscal year 2025, a proposal praised by congressional Democrats and progressive advocates who want him to go even further.

The $7.3 trillion budget comes as the divided Congress is still sorting out funding for the current fiscal year. Given those divisions—and that the Republican House majority is already advancing its own budget resolution for the fiscal year that begins in October—the Democratic president’s plan is widely seen as a statement of priorities going into the November election.

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Florida GOP Passes ‘Vicious’ Bill Banning Mandatory Water Breaks for Workers

“We will see fatalities, because of what Florida Republicans chose to do this week,” said one workers’ rights advocate.

By Julia Conley. Published 3-8-2024 by Common Dreams

Screenshot: VideoHive

Displaying “punitive cruelty” toward Florida residents who work outdoors, the Republican-controlled state House on Friday approved a bill that would ban local governments from requiring that workplaces provide water breaks and other cooling measures.

The state Senate passed the measure on Thursday, with Republicans pushing the bill through as Miami-Dade County was scheduled to vote on local water break protections. If signed into law by the Republican governor, the proposal will preempt the county’s vote.

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