Nov 9, 2020 - Google, Walmart's PhonePe hit by India's move to limit some digital payments players

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From the Editor's Desk

A radical new technique lets AI learn with practically no data

"Less than one"-shot learning can teach a model to identify more objects than the number of examples it is trained on.

Machine learning typically requires tons of examples. To get an AI model to recognize a horse, you need to show it thousands of images of horses. This is what makes the technology computationally expensive - and very different from human learning. A child often needs to see just a few examples of an object, or even only one, before being able to recognize it for life.

In fact, children sometimes don't need any examples to identify something. Shown photos of a horse and a rhino, and told a unicorn is something in between, they can recognize the mythical creature in a picture book the first time they see it.

Now a new paper from the University of Waterloo in Ontario suggests that AI models should also be able to do this - a process the researchers call "less than one"-shot, or LO-shot, learning. In other words, an AI model should be able to accurately recognize more objects than the number of examples it was trained on. That could be a big deal for a field that has grown increasingly expensive and inaccessible as the data sets used become ever larger.

Continued here


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RTGS payments to be available round the clock starting Dec 1. Check details here

Under the current rules, the transfers can be made between 7 am and 6 pm on all working days except for the second and fourth Saturday of the month and on Sundays



Today's TradeBriefs Cartoon

Will the new market share cap on UPI apps affect the user experience?

UPI has undoubtedly become the face of a cashless India. The use of this ingenious payment interface has made it possible to make swift and simple digital transactions. So it is hardly a surprise that as many as 2 billion UPI transactions took place in the month of October alone! In the midst of this exponential growth in the UPI industry, the National Payments Corporation of India (NPCI) has made a rather shocking announcement that has ruffled many feathers amongst Third-Party Apps like Google Pay and PhonePe.

Businesses get 4 months to implement QR code-based payment system

The government had also instructed tax officials to verify deemed GST registrations granted to business entities without Aadhaar authentication.

Personal data protection is essential to fully capitalise on the benefits of India's digital revolution: Cyble

/PRNewswire/ -- As an unfortunate flipside to the new data-fuelled World order, the growing digital interconnectivity has paved the way for greater...

Digital India’s regulatory paradox

By moving to censor online content, resorting to frequent internet shutdowns, government could end up stalling sector's innovation, growth.

Digital learning in govt higher educational institutions from 2020-21 academic yr

The Karnataka government on Monday said it has decided to implement Learning Management System (LMS) based digital learning in government higher educational institutions from the 2020-21 academic year.

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