▪️Protect minors from addictive technology ▪️Revisit safe harbour protection granted to intermediaries ▪️Essential access to government and public utilities in digital governance ▪️Ease of doing business in the digital space Here's what you need to know about the DIA: The Indian government has introduced the Digital India Act (DIA) to regulate the digital industry and ensure fair competition. Tech execs race to save startups from 'extinction' after SVB collapse In this current era of intense competition and conflicts (between countries, businesses, teams, individuals), this act seems so out of place or even old-school - nonetheless, I still choose to believe in the power of camaraderie. 🤝įull article: #svb #startup #community #payitforward #thispostisnotbychatgpt “I remember the investors who helped me out when I was running a startup and I really needed it, and I always try to pay it forward” was Altman’s comment to Reuters. Interesting (and perhaps paradoxical) that it comes from the guy that founded OpenAI, one of the most disruptive generative AI business in history (which everyone is talking about will displace humanity).Īs we brace ourselves for what will surely be some very turbulent weeks to come (across financial markets and even more so for the startup community), I wonder how many founders would actually do the same as Sam Altman and help other founders out of their own pocket, bearing in mind these other businesses may be competitors (in the past, present or future). This is a true display of kinsmanship and an act of generosity that is distinctly human. It is the news of Sam Altman providing a lifeline to other startups (with no terms imposed) in the wake of Silicon Valley Bank collapse. 👊 In one of the most dramatic weekend in my professional life (since Lehman Brothers’ collapse in 2008), I want to share one positive news that gives me some hope.
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