Focus on low-cost AI models, says Nandan Nilekani

Speaking at the Carnegie Tech Summit 2023, Nilekani said that all AI should be use-case-led which can be amplified to make the lives of common people better.

from Tech-Economic Times https://ift.tt/9W2qc51

Social media companies should opt for app-store level check for age-gating: Meta's Joel Kaplan

The verification and subsequent consent management of the age of users below the age of 18 has been mandated by the Digital Personal Data Protection (DPDP) Act, which was passed in August this year.

from Tech-Economic Times https://ift.tt/O8knL6J

From retail to beekeeping, Beckn finds takers in distant shores

Like India’s Open Network for Digital Commerce, or ONDC, Gambia’s new network Open Gambia is underpinned by the Beckn Protocol – an open specification that creates a common language for interoperability among different digital platforms to facilitate peer-to-peer economic transactions – that is attracting increasing interest from around the world.

from Tech-Economic Times https://ift.tt/x6YXrbE

RBI ban makes online payment aggregators seek alternative business lines

Razorpay, Cashfree, Paytm and PayU cannot add merchants for their online payments business, this has allowed their rivals to grab market share

from Tech-Economic Times https://ift.tt/3hI6goL

EU founders and VCs turn to safer shores like AI on slump

European startups are making strides towards developing AI platforms that aim to compete with US-based companies, such as Open AI, in addition to building in areas such as quantum computing, chip design and semiconductors.

from Tech-Economic Times https://ift.tt/cBgrSe8

As Zo House turns one, a look at the co-living space where Web3 creators huddle, work and play

Zo House BLR at Anaa Infra’s Signature Towers is a home away from home for an elite group of 405 members who hold nonfungible tokens (NFTs), including actor Lisa Ray, former Unacademy chief of design Abhinav Chhikara, and Polygon cofounder Sandeep Nailwal, among others.

from Tech-Economic Times https://ift.tt/Ea4QZ0z

OpenAI's Sam Altman, sugarcoating the apocalypse

The government has nibbled the edges of regulation, but the quicksilver AI has already leaped ahead of the snaillike lawmakers and bureaucrats. Nobody, even in Silicon Valley, has any clue how to control it.

from Tech-Economic Times https://ift.tt/Aw1uTCD