Also Read - Aadhaar will not be considered as valid proof of date of birth - EPFO

Retirement fund body EPFO has said it will no longer use Aadhaar as a valid document for proof of date of birth.   In an official circular on January 16, the Employees' Provident Fund Organisation (EPFO) said the decision to remove Aadhaar was taken following a directive from the Unique Identification Authority of India (UIDAI). As per the circular, Aadhaar is also being removed from the list of documents for correction in date of birth.

Also Read - AI (Artificial Intelligence) can't substitute human intelligence in court - High Court

Artificial intelligence can substitute neither the human intelligence nor the humane element in the adjudicatory process, the Delhi high court has held and said ChatGPT can't be the basis of adjudication of legal or factual issues in a court of law. Justice Prathiba M Singh stated that the accuracy and reliability of AI generated data is still in the grey area and at best, such a tool can be utilised for a preliminary understanding or for preliminary research. The court's observati...

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Also Read - Delhi HC seeks Centre’s stand in plea against including CA, CS among Reporting Entities under PMLA

The Delhi High Court Monday sought the Centre’s stand in a plea against a notification where chartered accountants, company secretaries and cost accountants have been included among “reporting entities” under the Prevention of Money Laundering Act (PMLA) A division bench of Chief Justice Satish Chandra Sharma and Justice Sanjeev Narula granted time to Additional Solicitor General Chetan Sharma, who appeared for the Centre, to “seek instructions” and listed the ma...

Also Read - ChatGPT costs $700,000 daily, maker may go bankrupt in 2024

OpenAI spends roughly $700,000 per day (around Rs. 5.8 crore) to run ChatGPT and Microsoft and other recent investors are covering these costs out of their own pockets. They, however, could turn off the tap if Sam Altman-led company doesn't turn a profit soon and it may go bankrupt by the end of 2024, according to a report published in Analytics India Magazine. “Microsoft’s $10 billion investment in OpenAI is possibly keeping the company afloat at the moment. But on the other ...

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