There are parallels between the myth of the Tower of Babel and the modern linguistic challenge of the internet. In this India has a unique need for translation technology, given its linguistic diversity. Bhashini may be the answer.
Intellectual property boundaries are being streteched with companies claiming exclusive rights over specific colors and the extension of copyright terms. Its time for a re-evaluation of how intangible property is protected, given modern technologies and commercial realities.
There is a parallel between the use of barbed wire in the American prairies to establish property rights and the modern challenge of protecting intangible assets like intellectual property. Barbed wire allowed landowners to enforce title by fencing off land instead of branding ownership onto cattle. Decentralized technologies, such as blockchain, could transform the way intangible assets are protected, just like erecting fences around real estate, made it inherently resistant to trespass.
There are many benefits that can be derived from space investments - including communication satellites, GPS technology, weather prediction, and various innovations. We need broad-based participation in the space sector, including private investments and to this end the Indian National Space Promotion and Authorisation Centre (IN-SPACe) is a positive step.
This article was first published in The Mint. You can read the original atthis link.
We need to understand how Central Bank Digital Currencies (CBDCs) fit into the modern 2-tiered banking system. While CBDCs offer potential benefits, such as banking the unbanked, do we even need a CBDC in the Indian context.
We need technological disruption in India’s legal system. I believe this would reqire us to maximise the potential of online dispute resolution (ODR). The upcoming GST Appellate Tribunal could be a unique opportunity to leverage ODR, transforming the legal profession through efficiency and accessibility.
The US Supreme Court’s decision in Dobbs v. Jackson Medical overturned Roe v. Wade, ending the guaranteed right to abortion since 1973. The ruling challenges decades of jurisprudence, threatens civil liberties, and impacts personal privacy. It also raises questions about the doctrine of stare decisis and the frailty of judge-made law.
We believe that internet platforms are too dominant to fail. But this is not true when you think of the evolution of internet search and curation - suggesting that technology evolves in cycles. We may be on the cusp of a major cyclical transformation - in which case we may challenge the notion that Big Tech is too big to fail.
The draft amendments to the Information Technology Rules, 2021, will require intermediaries to align community standards with Indian law and create a Grievance Appellate Committee for “problematic content.” Critics view this as a tool of government censorship, while others see a need for balance between government control and private enterprise.
In 2014, India’s ministry of law and justice issued a policy on pre-legislative consultation, partially drawing on OECD recommendations. While most legislative proposals in India set aside time for public comments, the consultation often appears to be a formality. We need to redesign the process so that stakeholders can approach the process constructively - recognizing that policy-making is a compromise, and that both government and stakeholders must be open to differing viewpoints.