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In the News

India moves to regulate AI tools, experts say too much: Story in 5 points

March 14, 2024

The Ministry of Electronics and Information Technology in India has issued an advisory stating that any platform training or testing an artificial intelligence (AI) tool must obtain government approval before making the product available to users within the Indian internet space. This rule is specifically aimed at large or 'significant' platforms, with an exemption for startups, as clarified by Union Minister of State for IT, Rajeev Chandrasekhar. Despite the ministry's intentions, this move has drawn criticism from tech industry leaders who see it as a potential barrier to the progress of AI technologies in India.

India moves to regulate AI tools, experts say too much: Story in 5 points India Today

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From AI assistants to Big Tech breakup: World Wide Web inventor's top predictions as it turns 35

March 13, 2024

In an article reflecting on the 35th anniversary of the World Wide Web's creation, inventor Tim Berners-Lee discusses his dissatisfaction with certain developments on the web, particularly around social media and data ownership. He forecasts a future where AI personal assistants become central to web interaction, emphasizing the need for a trustworthy digital assistant akin to doctors or lawyers. Berners-Lee envisions a shift towards users regaining control over their data through technology his startup, Inrupt, is developing, which allows for data to be stored in personal "pods." This innovation seeks to challenge the current dominance of tech giants over user data. Additionally, he touches on the prospects of mixed reality integrating seamlessly with everyday technology and speculates that regulatory pressures could lead to the breakup of a major tech company in the future, in light of recent legislation like the European Union's Digital Markets Act.

From AI assistants to Big Tech breakup: World Wide Web inventor's top predictions as it turns 35 CNBC

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Why America's hospitals are on life support

March 13, 2024

The closure of community hospitals across the United States has become increasingly common, notably impacting low-income communities and marking a significant shift in the landscape of healthcare access. These communities have seen at least 13 hospitals shut down or go bankrupt after their real estate was acquired by Medical Properties Trust (MPT) in a series of deals that shifted hospital ownership primarily to for-profit investors including private equity firms like Cerberus, Leonard Green, and Apollo. These deals often ended disastrously for the hospitals, imposing rent payments on properties they once owned and exacerbating financial struggles under the heavy debt from their for-profit owners. The situation highlights a broader issue of private equity profiting at the expense of essential healthcare infrastructure, with ongoing implications that threaten the viability of more hospitals and access to healthcare in underserved areas. The article raises concerns about the ethical and financial underpinnings of such investment strategies and calls into question their legality and impact on public health.

Why America's hospitals are on life support Business Insider

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UnitedHealth Cyberattack Could Hurt Hospitals' Credit

March 13, 2024

Following a cyberattack on UnitedHealth by the hacker group Blackcat/ALPHV, American healthcare providers face potential credit implications, as noted by Moody's. The disruption, particularly affecting Change Healthcare's insurance billing service, has led to significant operational challenges for providers, with payment delays threatening their cash flow and operational capabilities. While UnitedHealth aims to restore and support affected services and providers, and the federal government has initiated steps to expedite Medicare and Medicaid payments, concerns about the adequacy of these measures persist among healthcare industry groups. This event is part of a larger trend of rising cyberattacks on the U.S. healthcare system, underscoring the ongoing vulnerability and the wider implications for businesses outside the health sector experiencing similar breaches.

UnitedHealth Cyberattack Could Hurt Hospitals' Credit PYMNTS

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Insights by Kate Gamble
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