Saturday, February 16, 2019

The most read stories this week - A human triumphs over IBM's AI debater | Oxford scientists identify 7 universal moral rules | People with income upto Rs 9.5 lakhs can escape tax liability & more...

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TradeBriefs Editorial A human just triumphed over IBM's AI debater
A six-year effort ended in a 25-minute argument over pre-school.

International Business Machines Corp. fell short in its latest attempt to prove machines can triumph over man. But it came close.
The tech giant's six-year-old artificial intelligence debating system, affectionately dubbed Miss Debater, went head-to-head with one of the world's most decorated practitioners on Monday. After a 25-minute rapid-fire exchange about pre-school subsidies -- during which the female-voiced AI showed flashes of very homo sapien humor -- the audience handed the victory to 31-year-old Harish Natarajan.

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TradeBriefs Editorial The entire world follows seven moral rules, and Oxford scientists just identified them
No matter which country or religion you belong to, and no matter what kind of culture you have grown up with, the whole world follows seven basic ethical codes and values. Researchers from the University of Oxford carried out a study which allowed them to identify seven universal moral rules which the entire civilised humanity follows.
The study, published in Current Anthropology, is the largest and most comprehensive cross-cultural survey of morals ever conducted, researchers said. Here are the seven universal moral rules identified:
1. Help your family
2. Help your group
3. Return favours
4. Be brave
5. Defer to superiors
6. Divide resources fairly
7. Respect others' property

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TradeBriefs Editorial People with income up to Rs 9.5 lakhs can escape tax liability: Piyush Goyal
Stressing that tax concessions have been provided with a view to help poor and middle class people living on a tight budget, Finance Minister Piyush Goyal on Tuesday said that now individuals earning up to Rs 9.5 lakh can escape liability by taking advantage of saving schemes.
Replying to the debate on the Finance Bill in Lok Sabha, the Minister said he did not propose any change in the tax rate but only provided few rebates which will boost spending and help the economy.

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TradeBriefs Editorial On Instagram, in India, it's sex for sale
Facebook's photo-sharing app Instagram may have the best of influencers, celebrities, and even Indian politicians. But it is now fast becoming a safe and popular haven for sexual solicitation.
It's 9:43 am on a Monday and the hustle's on. In a parallel world, an Instagram user named masti_with_sona puts out a post on "her" story. In large fonts, it features text, which reads, "DM FOR FUN...ONLY PAYTM USERS," with three lips emojis. Here too, it's time for business, but of a different kind.

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