{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"India Tech Report","title":"AI + capitalism = few rich and many more poor, says Geoffrey Hinton","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/cd87c3d4\"></iframe>","width":"100%","height":180,"duration":503,"description":"Daily brief on deep tech and climate tech news from India and around the world.Illustrative image. The world will see a massive increase in the number of poor and only the rich few will get richer due to capitalism taking advantage of AI, Geoffrey Hinton, considered the godfather of AI, was widely reported to have said in a recent interview.India’s first telecom system with indigenous chips gets TEC certificationIndia has certified its first telecom system powered by fully indigenous semiconductor chips, marking a pivotal milestone for technological self-reliance, The Hindu reports. The TEC approval verifies compliance with stringent quality and performance standards, boosting the ‘Make in India’ initiative. IT Minister Ashwini Vaishnaw called this a big leap for the nation’s semiconductor ambitions and a signal that Indian-made chips now meet global benchmarks for telecom applications.Listen to the podcastIndia plans leap to 7nm chip manufacturing within seven yearsThe Government of India has unveiled a five-to-seven-year strategy to acquire technology and establish domestic manufacturing of advanced 7nm semiconductor chips, Business Standard reports. This builds on Tata group’s ongoing Rs. 91,000 crore wafer fab investment, which starts with producing 28nm chips. The roadmap marks a significant step towards technological self-reliance, with the Ministry of Electronics confirming a clear plan for deepening chip capability.India sets bold targets for space station and lunar astronaut missionsAt the International Conference on Space 2025, Minister Dr. Jitendra Singh announced India’s aim to build a Bharatiya Space Station by 2035 and land an Indian astronaut on the Moon by 2040, according to a press release from the ministry of science and tech. The government also highlighted upcoming missions to Mars, Venus, and asteroids, rapid startup growth, and international collaborations. The vision positions India as a global leader, driving innovation, jobs, and...","thumbnail_url":"https://img.transistorcdn.com/klwtZi6_OVxR1RQx-EUqBBLq9JNmkk2p0xt3ov7-eeg/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9kYjRi/MTNkNDVhMTVlOThm/MDM4ZmVlYjFmZGNl/OGFiNy5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}