ALGORITHMIC BIAS
From enterprises to SMBs: How Flashfox AI plans to change the hiring game
GetWork’s AI hiring business, now spun off as Flashfox AI, is targeting 500 enterprise clients in the next 24 months as it expands into Southeast Asia and the Middle East.
Hospital balance sheet: How AI could cut costs and improve efficiency
As hospitals grapple with soaring costs in drugs, supplies, and labor, the integration of AI emerges as a vital necessity.
India is addressing Wall Street’s favourite ‘elephant’ in the room to its own advantage
The Indian government has identified 762 potential applications of artificial intelligence across 62 ministries and departments, spanning farming, railway safety, tax compliance, public grievances, customs and healthcare. While some tools are already in use, others remain in pilot or development stages.
Social media norms, AI, deepfakes, chips among others on review list of parliamentary panel in 2026-27
The development comes as several incidents of age-inappropriate content, circulation of child sexual abuse material (CSAM), and alleged censorship on social media have been reported widely.
Meta tells Brazil's electoral court it treats Lula and Flavio Bolsonaro equally ahead of Sunday vote
Meta has taken steps to comply with a court order for equal treatment of presidential candidates in Brazil. The electoral court directed the company to ensure balanced platform coverage before the upcoming runoff election. This follows allegations from President Luiz Inacio Lula da Silva's campaign regarding biased algorithms favoring his opponent, Flavio Bolsonaro. Meta has implemented measures to uphold electoral advertisement regulations amidst growing tensions.
Is your phone reading your mind? How do you see ads for things you were thinking about just minutes ago
An ad appears for something you recently discussed, and your phone suddenly feels suspicious. Digital tracking can explain some of these moments. Psychology helps explain why certain matches feel unforgettable.
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By 2023, nearly 14,000 volunteers helped count Galápagos marine iguanas in drone photos; later phases reached 91% to 92% agreement with expert counts
Thousands of volunteers contributed to counting endangered marine iguanas through drone images from the Galápagos Islands. Participants used a citizen-science platform to identify and count the reptiles in aerial photographs. Research indicated that most volunteers undercounted the animals, posing challenges for conservation efforts. The study highlighted the potential of crowd participation in wildlife monitoring despite certain limitations. Future developments may involve machine learning to enhance image analysis and accuracy.

Meta employees confirm in internal communications of alleged bias against Lula in Brazilian elections, reports newspaper
Meta's employees confirmed in an internal communication that the company had restricited Brazilian President Luiz Inácio Lula da Silva’s accounts during the Brazilian elections. The development followed Brazil's top electoral court ruling that the tech company must ensure equal treatment of the presidential candidates ahead of the October 25 runoff elections. The ruling had come after Lula filed a complaint accusing Meta of restrictions in favour of opposition candidate Flavio Bolsonaro.

AI-powered stock funds bet bots can pick stocks faster and better than humans
A select group of fund managers is now incorporating artificial intelligence into their exchange traded funds to guide investment choices. Surveys reveal considerable enthusiasm among asset managers for adopting AI technologies this year. Notably, some AI-powered funds have outperformed traditional benchmarks swiftly. Although apprehensions about risk management in volatile markets persist, many advisors are exercising caution.

Jio IPO Prospectus: Key takeaways for investors
Jio Platforms has expressed concerns regarding potential competition from satellite broadband which could undermine their advantages. Rising inflation may put pressure on profit margins, making it harder to adjust pricing accordingly. The company highlighted important challenges related to customer acquisition and retaining average revenue per user for sustainable growth. Cybersecurity risks pose additional threats to operational integrity and overall reputation.

Shaktikanta Das, PM's Principal Secretary-2, says India within striking distance of 8% growth
Shaktikanta Das highlighted India's impressive 7.8% GDP growth in the first quarter of the financial year. He emphasized the role of strong domestic demand and structural reforms in facilitating this growth. Das noted that enhanced governance and digital systems significantly contributed to economic stability and performance.

AI and automation: Are humans making their own brains redundant?
As technology continues to advance, many people find themselves leaning heavily on gadgets to handle tasks that were once second nature, such as remembering phone numbers or addresses. This dependence raises alarms about potential declines in cognitive abilities and interpersonal communication. If these trends persist, the risk of losing critical and creative thinking skills looms large, emphasizing the need for balance in our technological engagement.

Quote of the day by Pope Leo XIV: ‘In the era of artificial intelligence, when human dignity is threatened by new forms of dehumanization, ours is the pressing duty…’ – Pope urges to protect what machines can never replace
In a thought-provoking encyclical, Pope Leo XIV raises alarms over the potential repercussions of artificial intelligence. He emphasizes the need to protect human dignity from the dehumanizing effects of technology. While AI may mimic intelligence, it lacks the depth of human consciousness. Our value shouldn't be gauged by metrics like efficiency.

UNESCO can be 'moderator' in AI debate: chief to AFP
UNESCO chief Khaled el-that the UN culture and education agency become a facilitator in the worldwide wrangling on the risks of artificial intelligence. The UN educational, scientific and cultural organisation has long stressed that its remit covers more than heritage, looking to advance in areas ranging from access to education to the ethical use of artificial intelligence.

Meta not a simple intermediary but service provider when algorithms decide visibility: Govt source
"Service providers have many responsibilities. Meta must take on more onus after agreeing to be responsible for content on its platform," the agency cited sources as saying.

Quote of the day by Friedrich Nietzsche: ‘Most people do not think; they repeat. They adopt the opinions of those around them, wear them like borrowed clothes, and call it a worldview.’ - Famous German philosopher on the power of independent thinking
Quote of the day by Friedrich Nietzsche: The Friedrich Nietzsche quote critiques the tendency of individuals to conform to popular opinions rather than engage in independent thinking. He advocates for breaking away from societal norms and the influences of collective beliefs. In today's digital age, where quick affirmations and allegiance to groupthink overflow, this quote serves as a crucial reminder to reassess our own beliefs and the bravery needed to think uniquely and authentically.

With AI handing down verdicts, India's lenders ask who signs off on it: Finarkein CEO
Financial data moves rapidly through India's Account Aggregator ecosystem. Automated systems now process millions of data fetches each second. Technology providers transform raw data into credit judgments and risk assessments. Human underwriters' roles are shifting towards setting standards and handling complex cases.

ETMarkets Smart Talk| From floor trading to AI algos: Why India’s retail traders are entering the automation era, says Shruti Jain
AI-powered algorithmic trading is becoming increasingly accessible to Indian retail investors, driven by Sebi’s regulatory framework, trading APIs and zero-code platforms. Arihant Capital’s Shruti Jain explains how automation can improve execution, reduce emotional bias and potentially become a mainstream trading habit.

GFF 2026: Digital finance has scaled, now trust and resilience must catch up, says RBI’s Deputy Governor Murmu
India's digital finance sector now prioritizes trust and resilience over access. Technology transforms finance, but trust remains the essential bedrock. Operational and cyber resilience are key priorities for the nation's financial infrastructure. Inclusion must extend beyond smartphones to reach all citizens. Technology distributes services, but responsibility always remains with regulated institutions.

GFF 2026: India's fintech transformation a result of innovation, inclusion & trust coming together, says RBI's Sanjay Malhotra
Malhotra said fintech’s potential could translate into meaningful impact only when innovation reached people who were not already well served by the financial system. At the same time, such innovation needed to remain firmly anchored in trust, he added.

Meta summons: Government to question global team on issues around algorithmic bias, role in public order
Meta's global team will face government questioning next week. They will address algorithmic bias and the company's public order role. This follows the brief restriction of Prime Minister Narendra Modi's Facebook post. The explanation provided by Meta was deemed inadequate by the ministry. Enhanced safeguards are now implemented for prominent account content.

Goa Institute of Management develops algorithm to tackle bias, collusion in ecommerce
Researchers at the Goa Institute of Management have created a two-stage algorithm to foster fairness and transparency in digital marketplaces. This innovation addresses algorithmic bias and collusive practices by integrating review credibility and price efficiency. Simulated results indicate higher revenue, regulatory compliance, and increased customer trust, potentially reshaping ecommerce search engines.

Paris prosecutor contacts police as probe into social media platform X advances
This comes after the cybercrime unit of the Paris public prosecutor's office had received in January 2025 two reports from a member of parliament and a senior official of a French public institution that concerned the alleged use of X's algorithm for foreign interference.

Tech's diversity crisis is baking bias into AI systems
Afro-Latina engineer Maya De Los Santos pursues an AI career to combat algorithmic bias and protect marginalised communities. Amid underrepresentation of women and minorities in AI, experts stress inclusion to prevent harmful bias. Despite political backlash against DEI, initiatives like AI4ALL aim to diversify AI and promote equitable technology development.

French prosecutors probe Musk's X over alleged algorithmic bias
News of the probe comes just days before a major AI summit in Paris, which is due to host global leaders including US Vice President JD Vance and Prime Minister Narendra Modi, as well as Alphabet and Microsoft executives.

Can an ambitious Milei make Argentina an AI giant?
Milei, who has met with tech bosses like Mark Zuckerberg and Elon Musk during US visits, portrays Argentina to potential investors as "practically the last truly liberal country in the world," said Alexander Ditzend, president of Argentina's AI Society.

Algorithms help people see and correct their biases, study shows
Algorithms reflect and perpetuate biases in society, from racial and gender biases to wealth inequality. They expose bias blind spots and externalize biases, providing a corrective lens for individuals to improve decision-making and correct biases.

For minorities, biased AI algorithms can damage almost every part of life
Our data is polluted by a set of myths from the age of "enlightenment", including biases that lead to discrimination based on gender and sexual identity.
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