ChatGPT Is a Data Privacy Nightmare. If You’ve Ever Posted Online, You Ought To Be Concerned

Yves here. Yours truly, like many other proprietors of sites that publish original content, is plagued by site scrapers, as in bots that purloin our posts by reproducing them without permission. It turns out that ChatGPT is engaged in that sort of theft on a mass basis. Perhaps we should take to calling it CheatGPT. […]
FirstFT: Powell warns of higher rates if jobs data remains strong

Good morning. This article is an on-site version of our FirstFT newsletter. Sign up to our Asia, Europe/Africa or Americas edition to get it sent straight to your inbox every weekday morning Federal Reserve chair Jay Powell warned yesterday that it would probably take a “significant period of time” to tame inflation given stronger labour […]
As China reopens and data surprises, economists are starting to get less gloomy

The European Central Bank is expected to continue raising rates aggressively in the short-term as the euro zone economy proves more resilient than anticipated. Haussmann Visuals | Moment | Getty Images After China’s reopening and a deluge of positive data surprises in recent weeks, economists are upgrading their previously gloomy outlooks for the global economy. […]
Taxation in the Data Economy: The ‘Invisible’ Competition

The individual is both the creator and user of her own data. Companies collect personal data, use it for various purposes like improving products and anticipating consumer behavior, and return those benefits to consumers. Big Tech’s multi-faceted uses of data generate new economic value, prompting questions on how consumers can be fairly compensated. Some experts […]