Category Archives: UMBLR Insights

“Sportswashing”: Saudi Arabia’s Attempt to Launder Reputation

Ahmed Qaisi – In an attempt to generate new sources of revenue, the Saudi Arabian government reaches its wealthy hand into the bag of professional sports. Specifically, the Saudis began this seismic push in October 2021. An investment group led by Saudi Arabia’s sovereign-backed fund completed a $500 billion purchase of Premier League football club, […]

The State of (Art)ificial Intelligence

David Hernandez – Artificial intelligence (AI) is everywhere – in smartphones, cars, and even public places using facial recognition software. As companies rush to launch their own AI services, ChatGPT populates news cycles and laptops nationwide. But what exactly is AI? In short, it is the simulation of human intelligence by machines, and algorithms govern […]

The SEC Clamps Down on Staking Services

Nick Corso – On February 9th, 2023, the Securities Exchange Commission (SEC) brought an action against Kraken, a cryptocurrency exchange based in the United States, for failing to register the offer and sale of its staking-as-a-service program. The parties agreed to settle the charges, ultimately requiring Kraken to shut down its staking programs and pay […]

AI and the Law: Exploring Applications and Challenges of ChatGPT

Gianna Maria Balli – In November 2022, artificial intelligence company, OpenAI, launched its latest language processing AI Model called Chat Generative Pretrained Transformer (“Chat GPT”). The AI chatbot has taken the internet by storm. After garnering over one million users within one week of its release, the popularity of ChatGPT is amplifying concerns across many […]