The Hindu Editorial Newspaper Analysis Free PDF Download

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Table of Contents

The politics of AI(Artificial Intelligence)

 Private capital – Pay if it wants to use people’s personal data for commercial gain
 Machine learning (a more precise term for AI) will certainly continue to surpass human
capabilities in specific domains such as
• 1)-Medical diagnosis and
• 2)-Facial recognition.
 But an AI that can match human intelligence in all respects is unlikely it is impossible for AI
technology to replicate
 Big Data
 International Data Corporation, the market intelligence agency, estimates that worldwide
spending on AI solutions will grow to $57.6 billion by 2021.
 Lion’s share of the investments is being made by the Big Five: Alphabet, Amazon, Apple,
Facebook and Microsoft
 All hailing from the most profitable sector of global capitalism
 It’s clear that AI is critical for future profitability- Driverless Cars
 Financialisation and globalisation made it possible for corporates to tap into markets
anywhere in the world
 Uber is the perfect example of what capitalism wants to be when financialisation, globalisation, and digitalisation come together.
 Huge volumes of financial capital- Uber through year after year of huge losses as it expanded across the globe, offering rides at prices that disrupted local transportation markets
 Oil is data
 2017, 25% of global ad revenue- 60% of online advertising were gobbled up by 2 companies produce no content at all: Facebook and Google.
 Both are platforms: one is a search platform and the other is a social networking platform.
 Platform Capitalism, businesses structured as platforms.
 India’s own data-mining initiative, the Aadhaar project, is an ambitious attempt
 Time has come to put in place a new data ownership regime so that private capital is made to pay if it wants to use people’s personal data for commercial gain
 AI is set to eliminate thousands of skilled jobs in the services sector
 Which is why tech tycoons such as Elon Musk are advocating a universal basic income.
 AI-enabled digitalised economy cannot survive without the ‘oil’ that can only come from non-AI (human) sources.

Prelims Focus Facts-News Analysis

 Page-1- Coal mining open for private sector
 CCEA approves methodology for auction of coal mines and blocks
‘Gift of nature’ for olive ridleys on Odisha coast
 A portion of the beach has widened, making it safer for mass nesting of endangered turtles
 Sea waves and winds have widened a portion of the beach near Rushikulya rookery on Odisha coast, boosting the prospects of increased mass nesting of the endangered olive ridley turtles this year
 ‘China deploys warships in Indian Ocean
 Report says the ‘Blue 2018A’ •fleet of the Chinese Navy has been training in the East Indian Oc
ean for a ‘week or so’
 Mahanadi tribunal gets Central nod
 Chhattisgarh and Odisha in dispute over water sharing
 ‘China holding talks with Baloch militants’- Discussions concerned the CPEC
 Ask Myanmar to take back Rohingya: Hasina
 ‘India should be more assertive on this’
 PNB fraud due to failure of controls’