Lord Hague will be formally inaugurated as Chancellor early in the New Year and serve for a term of 10 years. He becomes the 160th recorded Chancellor in the University’s history, a role that dates back at least 800 years.Lord Hague, the Chancellor-elect, said: ‘Thank you to my fellow Oxonians for placing such confidence in me. I regard being elected as the Chancellor of our university as the greatest honour of…
Today’s developments around the world are reminiscent of a global civil conflict, and humanity must develop new tools to address them. This was emphasized by Andrey Bystritskiy, Chair of the Board at the Foundation for Development and Support of the Valdai Discussion Club, during his speech at the Global South Media and Think Tank Summit held in São Paulo on November 10-11 and themed “Development and Revitalization: A New Journey for the Global South.” In his address, Andrey Bystritskiy noted that…
Topics Artificial Intelligence and Business Strategy The Artificial Intelligence and Business Strategy initiative explores the growing use of artificial intelligence in the business landscape. The exploration looks specifically at how AI is affecting the development and execution of strategy in organizations. In collaboration with More in this series Get updates by email Please enter a valid email address Thank you for signing up Privacy Policy On Sept. 4, 2024, Me,…
On Oct. 10, 2024 the Office of the Alberta Superintendent of Insurance published Interpretation Bulletin No. 05-2024 (the Bulletin) setting out the Superintendent’s position with respect to products commonly marketed by automobile dealerships in conjunction with the sale of motor vehicles. The Bulletin comes on the heels of a similar bulletin published by the British Columbia Financial Services Authority earlier this year. We have been engaged to assist several industry…
As much as we wish it were true, AI isn’t an “easy” button. Instead, planning for AI is more like an odd game of Candyland that requires you to chart a path through the “Fog of FUD (fear, uncertainty, and doubt), over the mountain of “Inflated Expectations,” and across the “Valley of Disillusionment” before you finally reach the Peak of Improved Performance. While no two organizations’ paths will be the…
It’s been five years since the Business Roundtable, an association of more than 200 CEOs of leading US companies, redefined the purpose of a corporation as delivering value to all stakeholders—“our companies, our communities, and our country.” While the perception of stakeholder capitalism has evolved since then, the roundtable’s focus on stakeholders beyond shareholders reinforced the importance of a skill that not all chief executives have mastered: managing a broad range…
Around 1.5 billion people globally experience some level of hearing loss – that’s nearly 20% of the world’s population. Losing the ability to hear can be devastating, and navigating the potential treatments isn’t always straightforward.What actually causes it? Are there new treatments that can restore hearing? Can it be reversed? How does air travel affect hearing loss?Konstantina Stankovic, MD, PhD, professor of otolaryngology, helps readers navigate these questions and more…
Even if global production and pollution of new plastic is drastically reduced, scientists, writing in the journal Nature Communications, say that legacy plastics, the billions of tonnes of waste already in the environment, will continue to break down into tiny particles called microplastics for decades or centuries.These fragments contaminate oceans, land, and the air we breathe, posing risks to marine life, food production and human health. The researchers – from…
A large audience of staff, students and alumni enjoyed lively debate on the subject of ‘Democracy’ for the University’s inaugural Sheldonian Series event at the Sheldonian Theatre on Monday 25 November.In an unprecedented year for global democratic elections, and just a few weeks after the US presidential election, those in attendance examined a range of viewpoints for a very topical debate. Discussions on the theme explored talking points such as the future…
One component of this—the so-called “Bureaucracy Reduction Act IV” (BEG IV)—was promulgated in the Federal Law Gazette on October 29, 2024, and it will come into effect on January 1, 2025. Accordingly, it is worthwhile to take a closer look at the changes relevant to employers. Quick Hits Simplifying employment documentation: The Bureaucracy Reduction Act IV (BEG IV) allows essential employment terms and conditions to be transmitted in digital form…
Canada, with its vast coastline stretching over 243,000 kilometers, possesses immense potential for offshore wind energy development. Despite this natural advantage, the country has been slow to harness its offshore wind resources compared to other nations. However, recent initiatives and policy changes indicate a growing interest in this renewable energy sector. Current status As of 2024, Canada has no operational offshore wind farms. The country's wind energy sector has primarily…
Businesses led by women play a vital role in the UK economy, but a lack of access to funding is a significant hurdle in their attempts to grow, innovate and create jobs, says Stephanie Betant, Head of Global Trade Solutions, HSBC UK. Inclusion
At first glance, the outlook for the global cement industry appears grim. Particularly in Europe, the industry has limited opportunities for growth, with flat or declining volumes and low valuation multiples. Companies are also having trouble attracting talent and facing significant costs to reach net-zero emissions. This is a challenging puzzle to solve—but it could be the start of a new “golden age” for the industry.One major unlock—the greater adoption…
As one of the oldest industries, insurance has evolved significantly since its inception and grown to include new, niche offerings. Throughout Vince Tizzio’s long career in insurance, he has developed a deep understanding of the specialty insurance space and proved he can develop strong organizational cultures. As the president and CEO of AXIS, Tizzio constantly strives to deliver premium growth for small and mid-size specialty businesses, expanding AXIS’s offerings and…
Carolyn Geason-Beissel/MIT SMR | Getty Images War subjects businesses to unprecedented tests. With governments stretched to their limits, businesses must step in and assume responsibilities far beyond their conventional mandates, profoundly transforming the notion of corporate social responsibility (CSR). As national survival and corporate survival become more and more intertwined, we see questions shift from “Should we do something?” to “What could we do?” — transforming CSR from a voluntary…
The re-election of Donald Trump has renewed focus on policies prioritizing American interests. The “America First” agenda is expected to impact the logistics industry, both domestically and globally. As the new administration transitions in January 2025, stakeholders must assess the potential ramifications of these policies. By examining anticipated changes in energy, trade, and regulatory policies—and their effects on global trade dynamics—industry participants can better understand the future landscape for logistics…
Quick Hits The ESRS reporting standards will be mandatory for all companies covered by the CSRD, which began in January 2024. The CSRD has a broad jurisdictional scope, and for companies operating within the European Union or with substantial business in the EU, understanding and implementing the CSRD’s obligations is crucial. The CSRD goes beyond existing voluntary reporting guidance in the United States to ensure that disclosures are complete and…
Disclosure about the adoption of new technologies, such as artificial intelligence (AI), and environmental, social and governance (ESG) matters, including greenwashing, are highlighted in CSA Staff Notice 51-365 – Continuous Disclosure Review Program Activities for the Fiscal Years Ended March 31, 2024 and March 31, 2023 (the Notice) published by the Canadian Securities Administrators (the CSA) on Nov. 7, 2024. The Notice highlights common disclosure deficiencies of reporting issuers through…
Learn more from a Google expert about CPUs, GPUs and TPUs — and Google latest TPU, Trillium.
Nearly one hundred years of McKinsey’s insights and knowledge serve as the source material for the firm’s AI platform, “Lilli.” In this episode of the At the Edge podcast, Erik Roth, a McKinsey senior partner and global leader of growth and innovation, joins senior partner Lareina Yee to discuss how Lilli was developed and thoughtfully executed—and why immediate access to the firm’s intellectual property has transformed the way McKinsey serves its clients.…
The modern workplace is diverse, bringing together people with varied backgrounds and perspectives. While research consistently shows this diversity drives innovation and performance, success also requires developing leaders who can create environments where every employee feels genuinely valued. As published by our Center for Workforce Transformation, recent data from Perceptyx's 2024 Benchmark Database reveals an important gap: while 4 in 5 employees report they can bring their authentic selves to…
The Department of Archaeology and McDonald Institute for Archaeological Research at the University of Cambridge mourn the death and celebrate the extraordinary life of Professor Colin Renfrew, Lord Renfrew of Kaimsthorn, formerly tenth Disney Professor of Archaeology, the McDonald’s founding Director, and Master of Jesus College.Colin was, and will always remain, one of the titans of modern archaeology, a distinguished public figure, and a fine friend and colleague to innumerable…
A working model After the researchers integrated their new cancer biopsies as well as other datasets, including transcriptomic data and images from thousands of healthy cells, the AI program – which they named SEQUOIA (slide-based expression quantification using linearized attention) – was able to predict the expression patterns of more than 15,000 different genes from the stained images. For some cancer types, the AI-predicted gene activity had a more than…
Ransomware attacks are expected to escalate with the help of AI, according to the UK’s National Cyber Security Centre (NCSC). Malicious actors are already using AI to: Craft hyper-personalised phishing emails that bypass traditional filters. Imagine an email from a “co-worker” with perfect grammar, familiar style, and references to inside jokes – even AI will struggle to spot the fake. Automate reconnaissance and vulnerability scanning, identifying weaknesses in your defences…
Last week, the European Parliament approved the Artificial Intelligence Act, the first of its kind in the world. As South African companies continue to adopt Artificial Intelligence (“AI“) at a rapid pace, the natural question arises if, and when, will South Africa adopt AI legislation? South Africa currently has no explicit legal framework for AI. AI can pose different types of risks, depending on the technology deployed. The lack of…
OSC seeks feedback on a new proposed investment fund that will give retail investors access to long-term illiquid assets On October 10, 2024, the Ontario Securities Commission (OSC) released Consultation Paper 81-737 (the Proposal), to enhance retail investors’ access to long-term illiquid assets (Long-Term Assets) by creating a new investment fund category, the Ontario Long-Term Asset Fund (OLTF). The OSC seeks to expand the opportunity for retail investors to gain…
The 15th Asian Conference of the Valdai Discussion Club will be held in Kuala Lumpur from December 9 to 10, 2024, organized in partnership with the Bait Al Amanah Foundation (Malaysia), the Sasakawa Peace Foundation (Japan), and the Institute for Strategic Analysis and Policy Research (INSAP, Malaysia). Over the 20 years of the Valdai Club’s work, Kuala Lumpur has repeatedly become a venue for expert meetings and joint seminars with…
The ability of police to force a person to unlock their phone has improved since the recent introduction of digital evidence access order legislation in New South Wales. This has extended police powers, allowing law enforcement to compel individuals to provide passcodes to electronic devices. The are hefty penalties including fines and imprisonment for a failure to comply with these orders, or providing false or misleading information. Can police force…
Remotely operated camera traps, sound recorders and drones are increasingly being used in conservation science to monitor wildlife and natural habitats, and to keep watch on protected natural areas.But Cambridge researchers studying a forest in northern India have found that the technologies are being deliberately misused by local government and male villagers to keep watch on women without their consent. Cambridge researcher Dr Trishant Simlai spent 14 months interviewing 270…
Taylor Swift mania has taken hold of Canada, and alongside it comes important changes to employment and employment-related legislation that Ontario employers need to understand and implement both immediately and in the near future. “Track 5” of the Ontario government’s employment legislation comes in the form of Bill 190, officially titled the Working for Workers Five Act, 2024. Bill 190 makes several amendments to Ontario’s employment standards legislation (ESA) as…
As an American living in the UK, you are subject to two tax systems with differing deadlines and tax periods. To avoid a mismatch in tax credits most people should look at making early UK tax payments. Why is a pre-payment required? US taxpayers may need to claim Foreign Tax Credits to reduce a US tax liability on income and capital gains. The amount of foreign tax credits available in…
Cary Cooper, Professor of Organisational Psychology and Health In a book I wrote with a colleague on organisational failures (The Apology Impulse) the inability of many of them to confront their failures, except to say a meaningless “we’re sorry”, is legend. We highlighted the many cases of organisations in the private and public sector apologising profusely for a high-profile failure, but not taking any personal or organisational responsibility for it.…
Dear Stanford Students for Justice in Palestine, Thank you for sharing your divestment petition on May 6th. We are empathetic to your deep concern for the tragic events of the past year in Gaza and Israel. They have been painful to observe and particularly distressing for those with loved ones in the region who have been living with violence and fear. We recognize the burdens that many people in our…
The Network and Information Security Directive 2022/2555 (the “NIS2 Directive”) has now come into effect from 17 October 2024 with application to the following sectors (but subject to the enactment of domestic Irish legislation to fully transpose its provisions):: healthcare; manufacturing of pharmaceutical products or preparations, medicinal products or medical devices; energy and utilities; transport; financial institutions (save for those complying with the ICT risk management aspects of the Digital…
Traditionally, Republican administrations have favored deregulation and a more lenient approach to antitrust enforcement that is grounded in economics over policy preferences. This environment often leads to an increase in merger and acquisition activity, as companies feel more confident in pursuing significant deals without the fear of stringent regulatory intervention. While a second Trump administration should bring with it a return to an economics-based antitrust enforcement approach, wholesale change in…
Generative AI has been a buzzword in the tech world, and it’s now making inroads into more traditional sectors like insurance. One standout example is Wisedocs, a Toronto-based startup using AI to review and summarize medical records, that recently raised $12.7 million in Series A financing and $4.5 million in growth capital financing with the support of BLG. BLG Partner Frazer House caught up with Wisedocs founders Connor Atchison and Jenna…
Online platforms that allow users to share content are required to manage content moderation and, when necessary, suspend user activities for violations of legal obligations or platform rules. The Digital Services Act (DSA) sets out important guidelines for these platforms, especially regarding suspension of user accounts or activities. This article explains the conditions under which platform providers can suspend user access, offering practical advice and examples for platforms that must…
Scott Graham, Unsplash Tuesday, December 17, 20241:00 p.m. to 2:00 p.m. Eastern12:00 p.m. to 1:00 p.m. Central11:00 a.m. to 12:00 p.m. Mountain10:00 a.m. to 11:00 a.m. Pacific Register Here About the Program Join us for the final installment of Seyfarth’s 2024 Trade Secrets Webinar Series, where our panel will provide practical guidance on navigating non-compete agreements, safeguarding trade secrets, and understanding critical regulatory developments impacting employers across the United States.…
Quick Hits Employers that had workers in the areas of New York City impacted by the September 11th attacks may be required to notify those workers of two federal victim compensation funds. The new regulations seek to address the lack of awareness among many individuals who were exposed to harmful conditions following the September 11th attacks that they may be eligible for benefits. On November 7, 2024, the New York…
The year 2024 is a pivotal year for artificial intelligence regulation around the world with the enactment of the European Union’s Artificial Intelligence Act, which is already pictured as the golden standard, not unlike what the General Data Protection Regulation had previously achieved. Canada showed leadership of its own in 2022 with the introduction of Bill C-27 and its proposed Artificial Intelligence and Data Act (AIDA). However, since its introduction,…