Connect with us

Sci/tech

If speech is constrained, people won't be able to make right decision: Musk

Published

on

New Delhi, May 7 (IANS) Tesla and SpaceX CEO Elon Musk said that if speech is fundamentally constrained then people will not be able to make the right or informed decisions because “they are prevented from being informed”.

When asked about his views on freedom of speech, he said that there are countries where if people speak freely, they would either be imprisoned or killed.

“In some parts of the world, you can’t say what you want to say, without some bad consequences,” Musk said while speaking at the US-based Milken Institute Global Conference.

However, the tech billionaire mentioned that there is a ‘constitution’ to protect the people from the government.

Musk also spoke about the advantages of Artificial Intelligence (AI), mentioning that a “truth-seeking” AI could “foster human civilisation”. When asked about the role of technology in human daily lives, he emphasised that the benefits of AI could be substantial.

ALSO READ:  Meta gets 27K reports via Indian grievance mechanism in March, fake FB, Insta profiles key concern

“We build the AI in a way that is beneficial to humanity. It’s very important to have a maximum truth-seeking AI and a maximum curious AI and I think that’s most likely to foster human civilisation,” he said.

He also talked about his satellite-based internet service Starlink.

When asked how Starlink is changing people’s lives, especially in remote locations, he said: “Once you have access to the internet, you have access to all the world’s information. But if you don’t have access or it’s too expensive, then you can’t access all the information, and you can’t sell the goods and services that you produce,” the tech billionaire said.

–IANS

shs/dan

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Sci/tech

Agnibaan rocket launch a momentous occasion for India's space sector: PM Modi

Published

on

By

New Delhi, May 30 (IANS) Calling the Agnibaan rocket mission, by IIT Madras startup Agnikul a remarkable feat, Prime Minister Narendra Modi on Thursday said it is a “momentous occasion for India’s space sector”.

Powered by liquid oxygen/kerosene, Agnibaan is a two-stage rocket that can carry up to 300 kg to a height of 700 km.

“A remarkable feat which will make the entire nation proud!” PM Modi said in a post on social media platform X.com.

“The successful launch of Agnibaan rocket powered by the world’s first single-piece 3D printed, semi-cryogenic engine is a momentous occasion for India’s space sector”.

The launch is also “a testament to the remarkable ingenuity of our Yuva Shakti”, PM Modi said.

The Prime Minister also extended “best wishes to the Agnikul Cosmos team for their future endeavours”.

The indigenously designed and manufactured Agnibaan-SOrTeD (SubOrbital Technological Demonstrator) lifted off from India’s first privately developed launchpad called ‘Dhanush’ at 7.15 a.m. today.

ALSO READ:  Gemini AI at heart of every Google product is extremely alarming: Musk

The launch pad, established by Agnikul at Sriharikota in Andhra Pradesh, is located inside ISRO’s rocket port in Sriharikota.

The maiden test flight from the private rocket maker will demonstrate the in-house and homegrown technologies, gather crucial flight data, and ensure the optimal functioning of systems for its orbital launch vehicle the ‘Agnibaan’ by the end of 2025.

–IANS

rvt/svn

Continue Reading

Sci/tech

India set to woo more global players to establish GCCs over next 3-5 years: Nasscom

Published

on

By

Bengaluru, May 30 (IANS) Access to digitally-skilled talent, the drive to adopt new technologies and the imperative to make greater customer impact are driving the growth of the Global Capability Centre (GCC) ecosystem in the country, a Nasscom report said on Thursday.

India has over 1,580 GCCs with an addition of multiple GCCs every quarter, as companies navigate the complexities of today’s business environment.

According to the report by Nasscom, in collaboration with KPMG in India, the growth trajectory over the next two to three years is expected to continue with the growing number of global players across sectors establishing deep capabilities, building technology centres and transformation hubs.

The report underscored how navigating regulations is a key concern for GCCs, with over 55 per cent of leaders emphasising its importance for smooth operations.

“As GCCs continue their growth trajectory, moving up the maturity curve, with factors such as blurring geographic borders, and technology disruptions, these centres are constantly scanning the dynamic risk landscape and adapting to successfully navigate through,” said Srikanth Srinivasan, Vice President at Nasscom.

ALSO READ:  Startup leaders wish Zerodha's Nithin Kamath speedy recovery

However, this rapid growth and scale of GCCs has also brought to the forefront some challenges that need to be addressed as organisations continue to evolve.

The report identified four considerations for GCCs as they move up the value chain. These include talent management, strategic emerging technology adoption, navigating regulations, and de-layering the concentration concerns.

“India as a nation, is gearing up to attract many more global players to establish and scale their GCCs over the next 3-5 years,” said Shalini Pillay, India Leader – Global Capability Centre, KPMG in India.

There is a growing demand for high-value digital skills in areas such as automation architecture, cloud development, AI/machine learning, data science, etc.

Given the competitive talent market, availability, attraction and retention of niche talent, “building a pipeline of readily deployable talent with the new emerging skills, finding and nurturing, talent equipped for global leadership positions and cost arbitrage have emerged as key challenging factors facing GCCs in India,” the findings showed.

ALSO READ:  Gemini AI at heart of every Google product is extremely alarming: Musk

–IANS

na/dpb

Continue Reading

Sci/tech

NASA, Boeing gives green signal to Starliner's 1st astronaut launch on June 1

Published

on

By

New Delhi, May 30 (IANS) After several delays, NASA, and Boeing on Thursday gave a green signal to Starliner’s maiden flight that will carry humans to space.

The spacecraft, aiming to carry NASA astronauts Butch Wilmore and Indian-Origin Sunita Williams to the space station, is expected to fly on June 1 aboard United Launch Alliance’s Atlas V rocket from Space Launch Complex-41 at Cape Canaveral Space Force Station in Florida.

“NASA and Boeing teams polled “go” to proceed with plans to launch the agency’s Boeing Crew Flight Test to the International Space Station at 12.25 p.m. EDT Saturday, June 1,” the company said in a statement.

The mission officials have “verified launch readiness, including all systems, facilities, and teams supporting the test flight”, it added.

This comes after the historic launch planned on May 7 which was scrubbed two hours before liftoff due to a valve issue on the upper stage of the Atlas V rocket. Since then the mission slipped to May 10, and later May 21, and May 25 due to a helium leak.

ALSO READ:  Entrepreneurship is about doing things faster, creating competitive advantage: Narayana Murthy

Meanwhile, the company also noted a “backup launch opportunity on June 2, June 5, and June 6”.

NASA astronauts Wilmore and Williams returned to Kennedy from Houston on May 28. They will remain in quarantine at the Neil A. Armstrong Operations and Checkout Building until Saturday’s launch, Boeing said.

The Crew Flight Test will send the astronauts to the International Space Station for about a week before returning to Earth aboard the reusable crew capsule.

The Starliner mission aims to carry astronauts and cargo for future NASA missions to low Earth orbit, and beyond.

–IANS

rvt/svn

Continue Reading

Sci/tech

India Ratings upgrades Adani Green Energy to IND AA-, outlook stable amid robust growth

Published

on

By

New Delhi, May 30 (IANS) India Ratings and Research (Ind-Ra) on Thursday upgraded Adani Green Energy Limited’s (AGEL) long-term issuer rating to ‘IND AA-’ from ‘IND A+’, saying the company’s outlook is stable.

Among the key rating drivers are AGEL being the largest renewable developer in India with sound operating parameters of operational assets and healthy free cash flow to equity, along with promoter infusion covering equity commitments.

The upgrade factors in the continued strong operational asset performance include “strong execution scale-up”, with annual capacity additions likely to be 4GW-5GW annually over the medium term from the earlier 2.5-3.5GW.

Other factors for the upgrade include healthy counterparty diversification and a reduction in receivables, leading to an increase in the (cash flow from operations-interest)/EBITDA conversion compared to historical levels.

According to the rating agency, the upgrade also reflects AGEL’s change in policy with respect to the leveraging of the holding company, as the company has now earmarked funds towards the repayment of $750 million hold-co bond.

ALSO READ:  Mamaearth's parent firm Honasa logs Rs 30 crore PAT in Jan-March quarter

“In addition, the upgrade factors in the creation of a platform within AGEL with Total Energies SE, which allows for part asset monetisation while retaining consolidation benefits, the equity infusion by the promoters through warrants of which 25 per cent has already been received, and the continued ability of the company to tie up both debt and raise equity to ensure fully funded under-construction portfolio,” according to analysts.

Earlier this month, AGEL reported 30 per cent EBITDA growth at Rs 7,222 crore in FY24, as the renewable energy (RE) major revised its target for 2030 to 50 gigawatt (GW) from 45 GW.

The robust growth in revenue, EBITDA and cash profit was driven by capacity addition of over 2.8 GW over the last year, representing 15 per cent of the country’s total renewable energy capacity addition.

According to analysts, the upgrade in ratings also reflects Ind-Ra’s expectation of favourable operational to under-construction book ratio, given the operational capacity of nearly 10.9 GW, and an increase in annual capacity addition targets to 5 GW and the “amortising structure of the debt as against bulleted structures earlier, which ensure amortisation of debt, leading to 15 per cent tail life for the projects, thus lowering the refinance and tail risks”.

ALSO READ:  Entrepreneurship is about doing things faster, creating competitive advantage: Narayana Murthy

The above factors have jointly contributed to a moderation in the leverage to more reasonable levels of 5.5-6.5 times from the historically high levels of 9 times, said the note.

–IANS

na/uk

Continue Reading

Sci/tech

Agnibaan rocket is India's first with a semi-cryogenic engine: Rajeev Chandrasekhar

Published

on

By

New Delhi, May 30 (IANS) The IIT Madras’ startup Agnikul’s maiden rocket mission is India’s first flight with a semi-cryogenic engine, said Union Minister Rajeev Chandrasekhar on Thursday.

The rocket Agnibaan SOrTeD (SubOrbital Technological Demonstrator) is indigenously designed and manufactured. It was launched from India’s first privately developed launchpad called ‘Dhanush’ established by Agnikul at Sriharikota in Andhra Pradesh at 7:15 a.m. on Thursday. The launchpad is located inside ISRO’s rocket port in Sriharikota.

“Congratulations AgnikulCosmos, IITMadras. Agnikul successfully completed its first launch from Agnikul’s own and India’s only private launchpad within SDSC-SHAR (Satish Dhawan Space Centre- Sriharikota Range),” the minister said in a post on social media platform X.

“Besides being the world’s first flight with a single piece 3D printed rocket engine, this controlled flight is also India’s first flight with a semi-cryogenic engine,” he added.

Chandrasekhar also lauded the rocket for its “completely in-house design”.

Agnibaan is a two-stage rocket with a capacity to carry up to 300 kg to a height of 700 km, powered by liquid oxygen/kerosene.

ALSO READ:  Gemini AI at heart of every Google product is extremely alarming: Musk

Zoho CEO Sridhar Vembu called the launch “rocket science”.

“Great achievement by the AgniKul team – congratulations on the successful completion of your first flight. This is truly “rocket science” and I am in awe of the tireless effort it must have taken,” Vembu said on X.

Stating that the “nation needs these capabilities” he shared “best wishes for building a big business from this technological foundation”.

The private rocket maker’s maiden test flight aims to demonstrate the in-house and homegrown technologies, gather crucial flight data, and ensure the optimal functioning of systems for its orbital launch vehicle the ‘Agnibaan’ by the end of the financial year of 2025.

“What Agnikul has achieved today, is nothing short of a historical milestone, since India launched its maiden rocket in 1963 from Thumba launch station,” said Lt Gen A.K. Bhatt (Retd), Director General, Indian Space Association (ISpA), in a statement.

He called it a “huge boost and a proud moment for India’s thriving private space industry”.

ALSO READ:  Entrepreneurship is about doing things faster, creating competitive advantage: Narayana Murthy

Congratulating the team on their success, he said it’s “just a glimpse into what the future holds for us”.

Together with the “recently introduced guidelines for the implementation of the Indian Space Policy 2023 by IN-SPACe and the new FDI regulations, this will undoubtedly bolster global confidence in India’s private space industry and its growing capabilities,” said Gen Bhatt.

–IANS

rvt/uk

Continue Reading

Trending