Sep 28, 2020 - Will Indian IT majors see Covid impact like Accenture did? There's one reason why they may not

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TradeBriefs Editorial

From the Editor's Desk

We need to rethink social media before it's too late. We've accepted a Faustian bargain

A business model that alters the way we think, act, and live our lives has us heading toward dystopia

When people envision technology overtaking society, many think of The Terminator and bulletproof robots. Or Big Brother in George Orwell's Nineteen Eighty-Four, a symbol of external, omnipotent oppression.

But in all likelihood, dystopian technology will not strong-arm us. Instead, we'll unwittingly submit ourselves to a devil's bargain: freely trade our subconscious preferences for memes, our social cohesion for instant connection, and the truth for what we want to hear.

Indeed, as former insiders at Google, Twitter, Facebook, Instagram and YouTube attest in our new documentary, The Social Dilemma, this is already happening. We already live in a version of Aldous Huxley's Brave New World. As Neil Postman puts it in his 1985 book Amusing Ourselves to Death: Public Discourse in the Age of Show Business:

"In Huxley's vision, no Big Brother is required to deprive people of their autonomy, maturity, and history. As he saw it, people will come to love their oppression, to adore the technologies that undo their capacities to think."

Continued here


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Infosys likely to win $1.3 billion Daimler deal

India Business News: Infosys has emerged as the front-runner for a multi-year, $1.3-billion deal from German automotive major Daimler focused on infrastructure management



Today's TradeBriefs Cartoon

With rise in cloud migration, Druva to expand workforce in India

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Happiest Minds tunes itself for buys

Aiming for deals worth $25 million each in the digital space

Twitter addresses privacy feedback about ‘Fleets’

Confirms that Fleets are not viewable in Twitter apps after 24 hours

EbixCash acquires BPO company AssureEdge Global Services

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AWS targets larger banks to drive Cloud growth in India

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Top Joe Biden adviser seen as making tech regulation more likely

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GST backbone reforms need to remain non-intrusive

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IT spending in India to grow 6% in 2021 to $81.9 billion: Gartner

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Artificial Intelligence hub in Bengaluru to promote technology innovations: DST

With seed funding of ₹170 crore from the Department of Science and Technology (DST) under the National Mission on Inter-disciplinary Cyber-Physical Systems, it will bring about collaborative consortium of partners from industry, academia and govt bodies

Indian IT firms ramp up hiring as businesses go virtual during the pandemic

The sector saw upward month-over-month recovery for job listings on Naukri.com, peaking in September for both hardware and software roles.

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