{"id":196596,"date":"2023-11-19T22:26:29","date_gmt":"2023-11-19T16:56:29","guid":{"rendered":"https:\/\/dripp.zone\/news\/govts-should-access-the-best-tech-not-reinvent-the-wheel-crypto-news\/"},"modified":"2023-11-19T22:26:32","modified_gmt":"2023-11-19T16:56:32","slug":"govts-should-access-the-best-tech-not-reinvent-the-wheel-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/govts-should-access-the-best-tech-not-reinvent-the-wheel-crypto-news\/","title":{"rendered":"\u2018Govts should access the best tech, not reinvent the wheel\u2019 &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"mainArea\">\n<div class=\"FirstEle\">\n<p> <strong>SEATTLE<\/strong>, <strong>WA<\/strong> :      In May, Sam Altman, co-founder and chief executive officer of Microsoft-backed <a rel=\"nofollow noopener\" target=\"_blank\" class=\"autobacklink-topic\" href=\"https:\/\/www.livemint.com\/topic\/openai\" data-name=\"OpenAI\">OpenAI<\/a> who was fired on Friday, had stirred a hornet\u2019s nest, commenting on India\u2019s attempt to develop a generative artificial intelligence (AI) tool like <a rel=\"nofollow noopener\" target=\"_blank\" class=\"autobacklink-topic\" href=\"https:\/\/www.livemint.com\/topic\/chatgpt\" data-name=\"ChatGPT\">ChatGPT<\/a>, terming it \u201chopeless&#8221;, while responding to a question by Rajan Anandan, the managing director of Peak XV Partners, and a former head of Google India. Altman later clarified that his response was \u201c\u2026really taken out of context! (and that the)&#8230;question was about competing with us with $10 million (as opposed to $100 million), which I do think is not going to work&#8230;&#8221;<\/p>\n<\/p><\/div>\n<div class=\"paywall\" id=\"paywall_11700412211333\">\n<p>   That said, India does not have a semiconductor fab to build chips required to power a large language model (LLM) or LLM-powered chatbot. LLMs typically require below 10 nanometre (nm) graphic processing units (GPUs), while India plans to build a 40 nm semiconductor fab, implying that it will have to buy graphics processing units (GPUs) and use cloud services to bear the costs of building an LLM.<\/p>\n<p>   Cut to 16 November, a day before Altman was asked to leave OpenAI, Satya Nadella, chairman and chief executive of Microsoft, told a select group of journalists at a roundtable in his Redmond office, that he had thought \u201cvery, very deeply about&#8221; the instances of countries aspiring to build their own LLMs. Acknowledging that India would have \u201clegitimate reasons why they want to do things that are important&#8221;, he said governments would need to strike a balance between national and economic interests, which \u201cis definitely going to be key&#8221;.<\/p>\n<p>   In fact, to drive home his point, Nadella cited a study by an economics professor of Dartmouth College, Diego Comin, who concluded that countries seeking to take advantage of \u201creal paradigm shifts&#8221; such as the Industrial Revolution, need \u201cto get the new input&#8230;which is cutting-edge technology, into your country fast&#8221;.<\/p>\n<p>   \u201cSometimes, when you think about what\u2019s in your national interest and what\u2019s in your economic interest, it turns out that&#8230;you have access to the best technology (which) is probably the most important thing&#8230;In other words, don\u2019t get stuck reinventing the wheel. (Instead) use it intensely to create new value-add on top (of it),&#8221; Nadella said.<\/p>\n<p>   \u201cRicardo (19th century British economist, David Ricardo, known for theory of \u2018comparative advantage\u2019) was right; there is comparative advantage in India&#8230;(that) should be expressed on top of it versus (the urge) to start from scratch, because if you start from scratch, then you risk falling behind in a massive way,&#8221; he added.<\/p>\n<p>   When Nadella was asked what would be his reaction if Microsoft\u2019s relationship ever soured with OpenAI, he said, \u201cWithout the Intel-Microsoft partnership, would Wintel ever have happened? There is no way Microsoft would be Microsoft without that defining partnership with Intel. And all these years later, Intel remains a massive partner&#8230;Partnering is actually an art that helps grow enterprise value.&#8221;<\/p>\n<p>   As for OpenAI, \u201cit\u2019s not like, they wouldn\u2019t have been able to build without our systems. Our systems are powering them. We are building on top of them. They are building on top of us. So, there\u2019s a lot of co-dependency&#8230;We are not going to compete against partners&#8221;.<\/p>\n<p>   Following the sacking of Altman by OpenAI, Nadella posted on X, \u201cWe have a long-term agreement with OpenAI with full access to everything we need to deliver on our innovation agenda and an exciting product roadmap; and remain committed to our partnership, and to Mira and the team.&#8221;<\/p>\n<p>   Nadella said while the benefits of the Industrial Revolution \u201cspread only to a few countries&#8230;this time around, there is no reason why this technology (AI and Generative AI) can\u2019t spread to every part of the world&#8221;.<\/p>\n<p>   In March, for instance, Air India became the world\u2019s first airline to successfully deploy a Generative AI virtual agent, Maharaja, powered by Microsoft\u2019s Azure OpenAI service.<\/p>\n<p>   Air India claims Maharaja has dealt with over half a million customer queries and handles over 6,000 queries a day in Hindi, English, French, and German.<\/p>\n<p>   Microsoft is also working with MakeMyTrip to make travel planning more inclusive and accessible through voice-assisted bookings in Indian languages, besides partnering <a rel=\"nofollow noopener\" target=\"_blank\" class=\"autobacklink-topic\" href=\"https:\/\/www.livemint.com\/topic\/tech-mahindra\" data-name=\"Tech Mahindra\">Tech Mahindra<\/a> to enable generative-AI-powered enterprise search, and to develop intelligent applications with HCLSoftware.<\/p>\n<p>               <input type=\"hidden\" id=\"iframecount\" value=\"0\"\/>\t<\/p>\n<p><strong>Milestone Alert!<\/strong>Livemint tops charts as the fastest growing news website in the world <span>\ud83c\udf0f<\/span> <a rel=\"nofollow noopener\" target=\"_blank\" class=\"lmWhatsappChannel\" href=\"https:\/\/www.read.ht\/QvEN\" data-name=\"Whatsapp_channel\"><strong>Click here<\/strong><\/a>  to know more.<\/p>\n<style><![CDATA[\n.productListBox-table{margin-top:20px;margin-bottom:15px}.table-responsive{overflow:auto}.table-responsive.story-element table{min-width:100%;margin-top:20px;width:100%}table,td,th,tr{border-collapse:collapse}.table-responsive.story-element table tbody tr:first-child td:first-child,.table-responsive.story-element table tr:first-child td{background:#757575;font-size:14px;color:#fff;border:none;font-family:Lato-Bold;text-align:left;padding:13px 16px}.table-responsive.story-element table tr:first-child td:nth-child(1){border-radius:2px 0 0}.table-responsive.story-element table tr:first-child td:last-child{border-radius:0 2px 0 0}.table-responsive.story-element table tbody{border:1px solid #eee}.table-responsive.story-element table tbody tr td{padding:10px 16px;background:#f9f9f9;color:#212121;line-height:18px;font-size:14px;font-family:Lato-Regular}.table-responsive.story-element table tbody tr td .tblbuynow{color:#00b1cd;font-size:14px;font-family:Lato-Black;text-align:right;text-decoration:none;text-transform:uppercase}.table-responsive.story-element table tbody tr td:first-child,.table-responsive.story-element table tbody tr td:first-child a{color:#212121;line-height:18px;font-size:14px;font-family:Lato-Bold}.tableRowTitle{-webkit-line-clamp:1;-webkit-box-orient:vertical;overflow:hidden;text-overflow:ellipsis;display:-webkit-box}.tableRowTitle a{text-decoration:underline}.table-responsive.story-element table tbody tr:first-child td{color:#fff!important}.productListBox-table tr:hover td,.productListBox-table tr:hover td a,.productListBox-table tr:nth-child(2) td,.productListBox-table tr:nth-child(2) td a,.tdCyan-ever td,.tdCyan-ever td a{color:#00b1cd!important}.table-responsive.story-element table tbody tr td:last-child{white-space:nowrap}\n]]><\/style>\n<style><![CDATA[\n.author-widget{border: 2px solid #f99d1c;margin: 20px;padding: 10px;border-radius: 5px;}\n.author-widget .authorBox2{ width:100%; 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