The Legal Scroll: “In an eye-opening report by TeamLease RegTech and Observer Research Foundation, it was found that while the Indian government is pushing for ease of doing business in India, over 26000 clauses can be used to put entrepreneurs in jail.” WION: “The monograph for the report has classified the data into seven broad domains – labour; finance and taxation; environment, health and safety; secretarial; commercial; industry-specific; and general. “The excessive criminalization of India’s employer compliance universe breeds corruption, blunts formal employment and poisons justice,” said the Vice Chairman of TeamLease, Manish Sabharwal.”
Wired: “Training a large language model like OpenAI’s GPT-4 involves feeding vast amounts of curated text from books, webpages, and other sources into machine learning software known as a transformer. It uses the patterns in that training data to become proficient at predicting the letters and words that should follow a piece of text, a simple mechanism that proves strikingly powerful at answering questions and generating text or code. An important additional step in making ChatGPT and similarly capable language models is using reinforcement learning based on feedback from humans on an AI model’s answers to finesse its performance. DeepMind’s deep experience with reinforcement learning could allow its researchers to give Gemini novel capabilities. [Demis] Hassabis and his team might also try to enhance large language model technology with ideas from other areas of AI.”
About The Gutenberg Parenthesis by Jeff Jarvis: “[It] traces the epoch of print from its controversial beginnings to our digital present—and draws out lessons for the age to come. The age of print is a grand exception in history. For five centuries it fostered what some call print culture—a worldview shaped by the completeness, permanence, and authority of the printed word. As a technology, print at its birth was as disruptive as the technologies of today. Now, as the internet ushers us past print culture, journalist Jeff Jarvis offers important lessons from the era we leave behind. To understand our transition out of the Gutenberg Age, Jarvis first examines the transition into it. Tracking Western industrialized print to its origins, he explores its invention, spread, and evolution, as well as the bureaucracy and censorship that followed. He also reveals how print gave rise to the idea of the mass—mass media, mass market, mass culture, mass politics, and so on—that came to dominate the public sphere.”
Vikram Mehta: “India’s GDP will more than double over the next five-seven years. Currently, it is around $3.4 trillion; it will be about $8 trillion by 2030. The drivers of this growth will be: One, state-led investment in infrastructure, utilities and construction; two, the consequential crowding in of private investment in predominantly consumer lifestyles, e-commerce, green energy and financial services; three, increasing consumption as consumer income reconfigures from the shape of a pyramid to a diamond; and four, deepening connectivity — a contemporary reality with 900 million mobile phone subscriptions and approximately 400 million phone banking transactions every day. The Indian educational system has been frequently critiqued and with good reason. But what should not be forgotten is that this system churns out 6,00,000 engineering graduates annually on the back of which a thousand plus MNCs have successfully established global centres, ranging from back offices to primary research laboratories.”
