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AI: Aid to the Mind, Not a Substitute for the Mind

The frightening possibility is not that AI becomes more capable than humans. It is that humans stop exercising capabilities they already possess, or have not yet developed, because AI can perform those functions for them.

Months Ahead of the Monsoon: Can AI Give Us an Earlier Warning About El Niño?

AI may genuinely extend the horizon over which seasonal climate risk can be estimated.  For communities across South Asia living under the influence of the monsoon, a longer view could mean the difference between a farmer adjusting her planting in time and a family receiving a flood warning too late to act.

AI at the Crossroads: Who Is Driving Humanity?

The central danger is, therefore, not simply that AI will be monstrous if the accelerator is pressed hard on the speed of technology. It is that the accelerator on human institutions also needs to be pressed harder to govern increasingly powerful technology.

America Has the Brain, China Has the Body: The Next US–China Tech War Will Determine Who Wins the Race for Global Dominance

The fear of Chinese robots being the Trojan horse that can affect American and Western tech dominance and undermine cyber and military advantage will always be a strategic concern, despite attempts to view these fears as overblown.

More on AI, Tech and Innovation

IMF Board approves $395 million credit assistance for Nepal to mitigate Covid-19 impact

The International Monetary Fund (IMF) Board has approved a $395.9 million extended credit facility (ECF) for Nepal to help it mitigate the pandemic’s impact on health and economic activity, supporting sustained growth and poverty reduction among others

India extends $900 million ‘facilities’ to ailing Sri Lankan economy

India has extended $900 million facilities to Sri Lanka, the Indian High Commission in Colombo said,  as the island country has been going through its worst economic crisis, with record low foreign exchange reserves and food shortages

Sri Lanka may see sovereign default, says S&P, downgrades rating to 'CCC' with negative outlook

After Fitch Ratings, Standard and Poor's has now downgraded Sri Lanka’s sovereign ratings to ‘CCC’ with a negative outlook from an earlier ‘CCC+’ as its currency continued to be under pressure, indicating the island country may see a sovereign default scenario this year, a prospect the country’s central bank denied

UK announces start of FTA negotiations with India; Johnson lists Scotch whisky on top of sectors to benefit

The UK government on Thursday announced the launch of free trade agreement (FTA) negotiations with India, describing it as a "golden opportunity" to put British businesses at the "front of the queue" of "India's booming economy" and its fast-growing segment of "250 million shoppers"

Nepal Telecom to begin delayed 5G trials in June

Nepal will begin its first 5G internet services trial in June, almost after a delay of over a year, which will cover both urban and rural areas, officials said

Rape, abduction derail tourism in Bangladesh’s beach town of Cox’s Bazar, local economy impacted

In any normal new year, hotels and guesthouses in the beach town Cox’s Bazar would be booming with tourists and visitors

Indians topped Sri Lanka’s tourist arrivals in 2021

Tourists from India dominated Sri Lanka’s tourism market last year, contributing almost 23 percent of the total 194,000 tourists who visited the island country in 2021

PM Imran Khan launches Pak-China Business investment forum to fast-track investments

Pakistan Prime Minister Imran Khan on Monday launched the Pakistan-China Business Investment Forum to fast-track project approvals and investment proposals from Chinese investors

Inflation wrecks havoc in Pakistan; touches 12 percent in December

The inflation rate in Pakistan reached a new level last month, recording 12.3 percent in December— the highest in the last two years, as experts warn of more trouble in the weeks ahead of the government’s mini-budget

Sri Lanka finalizes Trincomalee oil farm deal with India, agrees to extend lease of 14 oil tanks for 50 years

In a deal with considerable strategic significance for South Asian geopolitics, Sri Lanka will extend the lease of 14 oil tanks in Trincomalee oil farms to India for 50 years, Lankan Energy Minister Udaya Gammanpila said on Friday, adding the deal, which will also include the joint development of 61 other unused tanks, will be signed next week

India needs a precise startup policy for defence manufacturing

Prime Minister Narendra Modi has highlighted India's growing involvement of youth in defence-related startups

Sri Lanka’s forex increases to $3 billion; former PM urges government to approach IMF

Sri Lanka’s foreign reserve exchange reached $3.1 billion dollars in December, up from $1.5 billion recorded last month, the Central Bank of Sri Lanka informed on Wednesday

Pakistan Railways minister pushes for commercialization, blames ‘state enterprise mafia’ behind railways' destruction

State enterprise mafia has destroyed Pakistan Railways, Minister for Railways Azam Khan Swati said, as he pushes for the commercialization of stations as part of his bigger reforms to overhaul the sector

Bangladesh to Sri Lanka’s rescue; gives three months extensions on $200 million currency swap deal

In what comes as a significant relief to the embattled Sri Lankan economy, Bangladesh Bank (BB) has extended the validity of the $200 million credit facility it had extended to Sri Lanka by three months

Amid severe forex crisis, Sri Lanka shuts down three missions abroad; shortages of essentials feared

Sri Lanka will temporarily close down three of its missions in Nigeria, Germany and Cyprus in what seems a desperate bid by the government to save its fast-declining foreign currency reserves amid a severe economic crisis