Category: How it Works

Fearing technology is like fearing the inevitable: Rajeev Chandrasekhar on AI

Chandrasekhar said there was a need to remove ambiguity in the use of Gen AI, seeking more clarity and adherence to ethics while stressing on the need to ensure a safe AI. (Image source: News18)

: Rajeev Chandrasekhar, Minister of State, Electronics and Information Technology, Government of India spoke about the government’s approach to deal with AI at the Storyboard18 DNPA Conclave and Awards 2024.

Internet cannot be a place where the law doesn’t reach: Rajeev Chandrasekhar on OTT regulation

Chandrasekhar said there was a need to remove ambiguity in the use of Gen AI, seeking more clarity and adherence to ethics while stressing on the need to ensure a safe AI. (Image source: News18)

Rajeev Chandrasekhar, Minister of State, Electronics and Information Technology, Government of India spoke at length about the existing revenue share issue with big tech platforms at Storyboard18 DNPA Conclave and Awards 2024.

Solving the big tech revenue share issue will be PM’s priority in third term: Rajeev Chandrasekhar

“These big tech platforms are gatekeepers to monetising the content and that asymmetry, needs to be legislated, or at least a regulated through rules of a new legislation. And I'm hopeful that after Narendra Modi ji resumes office this year, this will be his priority,” Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, added.

Rajeev Chandrasekhar, Minister of State, Electronics and Information Technology, Government of India spoke at length about the existing revenue share issue with big tech platforms at Storyboard18 DNPA Conclave and Awards 2024.

50 percent of information on the internet is not true or verified: DNPA’s Tanmay Maheshwari

Speaking about DNPA, Tanmay Maheshwari, chairman, Digital News Publishers Association (DNPA) and managing director, Amar Ujala, noted that it was an association of the digital arms of legacy newsmedia companies. “We represent more than 80 percent of digital news traffic in the country,” he explained, emphasising that DNPA members provide free flowing, verified information in the digital ecosystem.

In Q3 of 2020, there were 1.8 million fake news engagements on Facebook. And there were 18 million pieces of Covid-19 misinformation on the internet, says Tanmay Maheshwari, chairman, Digital News Publishers Association, and managing director, Amar Ujala.

Layoffs 2024: Snap to lay off 10 percent of its global workforce

This is not the first time the social media company has initiated layoffs. In August 2022, 20 percent of the staff was laid off and its business lines were restructured. (Image source: X)

This move by the social media company to reduce their numbers is in order to reduce hierarchy and promote in-person collaboration.

The impact of AI on the creator economy

Amazon’s AI-driven recommendation engine seamlessly integrates with its e-commerce platform, enhancing user experience. (Image source: Unsplash)

In a global survey conducted by Lightricks, 84 percent of content creators expressed their willingness to leverage AI if it could save them time or money.

Tinder releases advancements to its user warnings

The new warnings are classified into three categories: authenticity, respectfulness, and inclusiveness. (Image by Mika Baumeister via Unsplash)

To detect any breaches of its Community Guidelines, Tinder uses a system of real-time machine-learning features including ‘Does This Bother You’ and ‘Are You Sure’; advanced technology monitoring and human verification.

RBI’s crackdown on Paytm; tough times ahead for fintech giant

The RBI recently instructed PPBL to cease further deposits, credit transactions, and top-ups on customer accounts after February 29, raising concerns about the bank's future. (Image sourced from CNBC)

Several industry watchers CNBC-TV18 spoke to on the condition of anonymity said the RBI action seemed like a precursor to the bank’s licence being revoked.