Common Reads #2 | Law, Tech and Governance
Recommended Articles on Indian Law, Tech, Policy and Governance Updates this Week
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Latest U.S. Chip Curbs Deliver Setback to China’s AI Ambitions
What is important to read: U.S. restrictions on sales of Nvidia Corp.’s high-end processors to China throw a wrench in Beijing’s ambitions to lead in artificial intelligence, as Chinese officials accused the U.S. of monopolizing advanced technologies. The curbs cut off China’s biggest tech companies from some of the world’s most advanced chips. Nvidia’s affected customers include Alibaba Group Holding Ltd., the internet giant that operates China’s largest cloud service business, and Tencent Holdings Ltd., the gaming and social media behemoth. Both sell cloud services powered by Nvidia chips that are capable of crunching huge amounts of data for advanced applications from autonomous factories to video processing.
Readout of White House Listening Session on Tech Platform Accountability
What is important to read: Multiple experts explained that technology now plays a central role in access to critical opportunities like job openings, home sales, and credit offers, but that too often companies’ algorithms display these opportunities unequally or discriminatorily target some communities with predatory products. The experts also explained that that lack of transparency means that the algorithms cannot be scrutinized by anyone outside the platforms themselves, creating a barrier to meaningful accountability.
Polygon Aims to be the AWS of Web 3.0
What is important to read: Polygon is one of the most widely used platforms for Ethereum ‘Level 2’ scaling and infrastructure development, besides Solana, Polkadot, Fantom, LoopRing, Arbitrum (Offchain Labs), Immutable X, Tezos, and Flow blockchains. It is used to build blockchain games, mint NFTs and more. It is revolutionising how companies look at DeFi (decentralised finance), NFTs (non-fungible tokens), Web3 and blockchain.
New draft rules to tackle fake online reviews; IT ministry junks draft data anonymisation guidelines
What is important to read: The government has finalised a draft framework of standards on how to counter fake reviews and unverified star ratings on e-commerce websites, and travel and hotel bookings platforms, and is currently in consultation with e-commerce platforms for a consensus on the matter, Rohit Kumar Singh, secretary, Department of Consumer Affairs, said in an exclusive interview with ET’s podcast series, The Morning Brief.
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