Financial markets reacted positively on Monday to President-elect Donald Trump’s choice of Scott Bessent as U.S. Treasury secretary, with currencies rallying globally. The U.S. dollar index fell 0.8% to 106.69, while the euro rose by 1% to $1.0517. Investors responded to Trump’s nomination of Bessent, who is expected to play a key role in overseeing tax policy and international finance within the Treasury Department.
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AI in courtrooms: Legal system grapples with GenAI challenges – Sasha Borissenko
There’s an irony in relying on artificial intelligence for justice, as the law is traditionally slow and relies on human judgment, while generative AI promises efficiency and accessibility. The author experienced a mix of doubt and fear regarding over-reliance on AI, noting it even cited a fictional case, wasting valuable time. This "AI hallucination" phenomenon has prompted warnings from the Law Society, indicating that lawyers have requested information on non-existent cases, highlighting the potential pitfalls...
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