Faceless tax assessments are a game changer. But there is scope for improvement.

Faceless tax assessments are a game changer. But there is scope for improvement.

Source: Live Mint In income-tax assessment proceedings, assessing officers (AO) get a full nine months to issue information-seeking notices to scrutinize and verify the claims of expenses, deductions, and incomes as declared by taxpayers in their income tax returns (ITRs).  However, recently concluded assessments for the fiscal year 2022-23 suggest that a major part of…

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Resistance is futile: AI is now writing code

Resistance is futile: AI is now writing code

Source: Live Mint The future of manual coding is reportedly under threat from generative artificial intelligence (GenAI), automated AI agentic systems and vibe coding (where programmers rarely review code). Is the outlook for humans that dire? What should we do to stay relevant? Why this concern over AI-assisted coding? A Harvard Business Review study found…

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Mint Explainer: Why Elon Musk’s Grok is the internet’s latest fad

Mint Explainer: Why Elon Musk’s Grok is the internet’s latest fad

Source: Live Mint Elon Musk’s Grok, an AI assistant developed by his company xAI, has been making headlines with its strikingly candid responses, sparking intense discussions about its unusually human-like political opinions. While some users praise its unfiltered approach, others have raised concerns about abusive responses.  The generative artificial intelligence platform’s ability to mimic human-like…

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AI belongs to everybody: Sam Altman

AI belongs to everybody: Sam Altman

Source: Live Mint I’m sure you’ve been looking at the announcements that India has made on its AI program. You were here sometime back and you made these comments—about how India was better off not trying to do its own frontier model—that became controversial. Has your view changed? And do you think the Indian AI…

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How AI, GenAI malware is redefining cyber threats and strengthening the hands of criminals | Mint

How AI, GenAI malware is redefining cyber threats and strengthening the hands of criminals | Mint

Source: Live Mint Trojan threats – malware disguised as legitimate programmes – continue to plague India, but sophisticated artificial intelligence (AI) and generative AI (GenAI) attacks are increasingly rearing their heads. This combined force will continue to pose a huge risk to the so-called endpoints that include Internet of Things (IoT) devices, laptops, smartphones, servers,…

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High-quality data key to unlocking value from AI, GenAI: Snowflake AI head

High-quality data key to unlocking value from AI, GenAI: Snowflake AI head

Source: Live Mint “Businesses often struggle with scattered data across multiple systems, leading many to adopt data platforms like ours to consolidate, govern, and analyse data effectively,” he told Mint in a video interview from his office in San Mateo, California. Cloud data platforms help organisations integrate data from various departments and sources, enabling them…

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