That question was mostly resolved in the Supreme Court s 6-3 decision today in
Van Buren v. US [PDF]. Writing for the majority, Associate Justice Amy Coney Barrett said Van Buren, though he flouted departmental policy, did not violate the CFAA by abusing his computer system access. This provision [of the CFAA] covers those who obtain information from particular areas in the computer such as files, folders, or databases to which their computer access does not extend, Associate Justice Barrett wrote. It does not cover those who, like Van Buren, have improper motives for obtaining information that is otherwise available to them.
Supporting Responsible Use Of AI And Equitable Outcomes In Financial Services â Federal Reserve Governor Lael Brainard At The AI Academic Symposium Hosted By The Board Of Governors Of The Federal Reserve System, Washington, D.C. (Virtual Event) Date
12/01/2021
Today s symposium on the use of artificial intelligence (AI) in financial services is part of the Federal Reserve s broader effort to understand AI s application to financial services, assess methods for managing risks arising from this technology, and determine where banking regulators can support responsible use of AI and equitable outcomes by improving supervisory clarity.1
The potential scope of AI applications is wide ranging. For instance, researchers are turning to AI to help analyze climate change, one of the central challenges of our time. With nonlinearities and tipping points, climate change is highly complex, and quantification for risk assessments requires the analysis of vast amounts of data, a task