Feb 26, 2016 - Bad loans: Banks will need deep, preventive surgery?

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
For all those wondering what all this blabbering about machines taking over humans is about, here's a rather long, but valuable primer on why Artificial Intelligence is something that deserves more of our attention. 3 fundamental points: Human progress has been exponential (think of the time durations between stone age to industrialization to the internet). It's about to get crazy exponential as we get closer to mimicking the human brain (some estimates say by 2030). With hardware (the limitation when it comes to the human brain) becoming cheaper faster and faster, along with self-learning software that becomes exponentially smarter, we are moving from ANI (Artificial Narrow Intelligence, eg: Siri, Google Search, the landing system on your flight) to AGI (Artificial General Intelligence - when computers have all-round intelligence like humans). This jump from ANI to AGI is tricky, and requires a significant increase in computational power. But again, exponential growth means AGI could creep in on us sooner than we think - Comment

Around 46% Richie Rich in India to pump more money into Private equity

Around 46% Richie Rich in India to pump more money into Private equity - 4% – Indian UHNWIs allocate to PE in their overall investment portfolio

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Today's TradeBriefs Cartoon

Ritesh Agarwal: Building a 'much-loved company'

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The unanswered questions in India’s GDP calculations

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VC funds focused on India’s consumption story draw strong investor interest

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Uday Kotak’s 2-point growth formula: How India may see long term economic growth

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The 'Warren Buffett of India' says his country's economy will 'come back with a bang'

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IL FS fiasco: SFIO, pvt agency to conduct digital forensic investigation

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RBI against special NBFC window

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Indiabulls Housing raises $350 mn via dollar bonds

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Without Google, Huawei phones could become paperweights: Report

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RBI to create regulatory cadre to monitor banks

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The way ahead for dealing with NPAs

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Banks' loan exposure to Dewan Housing is close to Rs 40,000 crore

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TPG arm to sell cancer hospital chain to Varian for $283 mn

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Muthoot Finance offers loan of up to Rs 10 lakh to salaried class in Delhi, NCR

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