Beware the dangers of data

Managers are better equipped than ever to make good decisions. They are more aware that human judgment is fallible. They have oodles of data about their customers and products. They can use artificial intelligence (AI) to analyse, summarise and synthesise information with unprecedented speed. But as the pendulum swings inexorably away from gut instinct and…

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The good news is that AI is hiring: The bad news is that it’s not us

Klarna CEO Sebastian Siemiatkowski, however, offers no such reassurance. His prognostications verge on the ruthless. Not only has he candidly enumerated the many human jobs already rendered obsolete at his company, he also foresees a near future where machines ascend to such unerring competence that they supplant most human labour—including his own.Ā  Also Read: Redundancy…

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Barry Eichengreen: US export curbs on high-tech enablers have rarely worked

A classic ā€˜dual use’ technology, these chips power Generative AI and supercomputers used in weapon systems, cyberattacks and surveillance. Equally, they can enhance the ability of companies to compete internationally—in this case, the ability of China’s high-tech firms to compete with their American rivals. In its final months, the Biden administration doubled down on these…

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Blockchain startups perk up after govt unveils national framework

Called ā€˜Vishvasya’, or ā€˜trust’ in Sanskrit, the framework seeks to establish what the Centre called ā€œtrust and transparency” in public records and databases. A note by the ministry of electronics and information technology (Meity) on the Framework said that the Centre’s blockchain will use three data centres across India to store data, and offer companies…

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Quantum cryptography: Digital security will get a shot in the arm

That’s where quantum cryptography comes in. It’s a fascinating blend of physics and computer science that promises to revolutionize how we secure our communications. Quantum computers, which can process vast amounts of information simultaneously, could break existing encryptions in seconds. This threat has spurred interest in quantum cryptography, which is safe from decryption (in theory).Ā …

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