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NPCI: NPCI, startups brainstorm on ways to mitigate concentration risk on UPI

From creating specialised incentive structures for small players on the Unified Payments Interface to enabling a sort of a reservation system among third-party apps to help the weaker ones grow, multiple ideas came up to mitigate the concentration risk on UPI during a meeting on Tuesday.The meeting was attended by payments industry executives and officials of the National Payments Corporation of India (NPCI) that runs UPI.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of…

Equitable sentencing can mitigate anti-Black racism in Canada’s justice system

Data shows that Black people continue to be incarcerated at a disproportionately high rate across Canada. Credit: Statistics Canada Black people continue to be overrepresented at all levels of the Canadian justice system. According to the Correctional Service of Canada, 9% of offenders in custody were Black in 2020–2021, despite only representing about 4% of Canada's population.

Drug found to reverse mitochondria malfunction & mitigate heart failure

Researchers have discovered a previously unknown pathological cellular mechanism underpinning heart failure, which currently has no cure, and identified a drug that can reverse the damaging malfunction. The findings open the door to a novel intervention to improve outcomes in people with the condition.With an estimated prevalence of 64 million people worldwide, heart failure is a rapidly growing public health issue. Rather than being a specific disease, heart failure is a clinical syndrome characterized by a reduced…

5 Risks of Generative AI & How to Mitigate Them

As the world increasingly leans towards technological innovation, prioritizing generative AI has become a focal point for many industries, driving creativity and automation to next levels. However, there are serious potential risks of generative artificial intelligence, including its accuracy and ethical use. Therefore, it’s crucial to recognize and navigate these challenges, ensuring a future where technology serves humanity’s best interests. In this article, we will explain the top 5 risks of generative AI and will…

Urban green spaces can help mitigate extreme heat in cities by reducing temperatures and providing shade

Urban green spaces can help mitigate extreme heat in cities by reducing temperatures and providing shade, says University of Illinois Urbana-Champaign urban and regional planning professor Fang Fang. Credit: Fang Fang Large parts of the country, particularly in the South, have been experiencing extreme heat waves recently, with the heat index well into triple digits.

Train AI models with your own data to mitigate risks

It uses various AI and machine-learning tools, including Pinecorn, OpenAI, and scikit-learn, as well as Google's TensorFlow and Vertex AI. Jiva has operations in Singapore, Indonesia, and India. It trains its AI models on thousands of annotated images for each disease, according to Jiva's CTO Tejas Dinkar. The agritech company has collected hundreds of thousands of images from the ground through its field teams and farmers who are part of Jiva's network and use its app AgriCentral, which is available in India. Also: 

Simulation experiment demonstrates way to mitigate extreme weather events

CSE description: when a T d forecast from tm shows extreme values, perturbations are applied to the nature run between tm and tm+0.05. At time tm+0.05,previous forecast and observation based on the controlled nature run are available, and a new analysis ensemble is created. Credit: Nonlinear Processes in Geophysics (2023). DOI: 10.5194/npg-30-117-2023 RIKEN scientists have demonstrated a way to make small tweaks in weather…

CPPE proposes measures to mitigate effects of subsidy removal

The Centre for the Promotion of Private Enterprise on Sunday urged President Bola Tinubu to reciprocate the thoughtful stance of the labour union by speedily coming up with measures to mitigate the pains of the fuel subsidy removal. In a statement signed by Muda Yusuf, director of CPPE, the think tank said the mitigating measures should be holistic and inclusive and driven by a combination of direct interventions, fiscal policy measures and monetary policy actions. Mr Tinubu had, in his inaugural address on 29…

Microsoft CEO Satya Nadella reveals plan to mitigate ‘dangers’ of fast moving AI

Microsoft CEO Satya Nadella has expressed his concerns towards the rapid development in the Artificial Intelligence (AI) space. In an interview given to CNBC’s Andrew Ross Sorkin, Nadella talked about his fear related to AI. He said that “the entire society” has to come together to “maximise the opportunity and mitigate the dangers” of the technology and that’s what scares him the most. “We definitely want the benefits of this technology and we want to mitigate the unintended consequences,” Nadella added. “The…