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Trump Says That China and India are Not Growing Nations Now

Trump says that they are "taking advantage" of the tag of "developing nations"

Donald trump
Donald Trump said that Everybody is growing but USA. Pixabay

US President Donald Trump has said that India and China are no longer “growing nations”, claiming that they are “taking advantage” of the tag from the World Trade Organization (WTO) and warned that he will not let it happen anymore.

“They (WTO) view certain countries like China, India… as growing nations. Well, they have grown, and they had tremendous advantages… We’re not letting that happen anymore…Everybody is growing but us,” said Trump at a campaign rally in Pittsburgh on Tuesday.

They (India and China) were taking the advantage of a developing nation tag from the WTO, putting the US to disadvantage, he said at the rally.

The WTO is an intergovernmental organisation that regulates international trade between nations.

The White House pointed out in a memorandum that China and many other countries continue to style themselves as developing countries “allowing them to enjoy the benefits that come with that status and seek weaker commitments than those made by other WTO members”, media reports said.

Donald trump
In World Trade Organization, Trump make some senational comments about China and India. Pixabay

Trump said the US does not need the WTO if the Geneva-based organization fails to address loopholes that favour certain nations.

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Shortly after issuing the memorandum, Trump said in a statement that the WTO was “broken” as “the world’s richest countries” claim to be developing countries and get special treatment to avoid WTO rules, reports say.

China, with whom the US is engaged in a bruising trade war, has been identified by Washington as the “most significant abuser” of WTO regulations. Since joining the WTO, China has insisted that it is a developing country, according to the memorandum. (IANS)

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India can Lead in Setting Standards for Ethical use of AI: Microsoft Executive

Microsoft on Friday announced a partnership with the Indian School of Business (ISB) to equip business leaders with tools and strategies to make their organisations AI-driven

microsoft, xbox
FILE - A sign for Microsoft is seen on a building in Cambridge, Massachusetts, March 18, 2017. VOA

By Gokul Bhagabati

With the government focusing on the use of Artificial Intelligence (AI) and Machine Learning (ML) as people are increasingly adopting digital technologies, India can lead in setting standards for ethical use of AI, a top Microsoft executive said on Friday.

“The real application of AI needs to be to empower human ingenuity and to accelerate innovation for all kinds of work and thinking,” Anant Maheshwari, President, Microsoft India, told IANS.

In an earlier interview with IANS on the eve of 73rd Independence Day, Prime Minister Narendra Modi said that the government is trying to leverage technology like AI and ML to improve school education.

Finance Minister Nirmala Sitharaman in her maiden Budget speech in July announced that the government will lay focus on new-age skills like AI, Internet of Things, Big Data, 3D Printing, Virtual Reality and Robotics.

“About 91 per cent of organisations today plan to leverage AI within the next three years to drive their businesses and the biggest issue they point out for not using it right now is lack of skills,” Maheshwari said.

Artificial Intelligence Bot
Artificial Intelligence Bot. Pixabay

“India is among the top three geographies globally in terms of the supply of skills for AI and that bodes very well for India to lead and contribute significantly in the world of AI,” Maheshwari added.

“We can very much create use cases and the standards for ethical use of AI. I am quite optimistic on the role India will play in the emergence of AI and the principles of AI,” he noted.

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Microsoft on Friday announced a partnership with the Indian School of Business (ISB) to equip business leaders with tools and strategies to make their organisations AI-driven.

“The initiative we are launching today between ISB and Microsoft really addresses not only the issue of creating right awareness around the skill set needed to drive the AI strategies, but also provide the tool sets to create the AI strategies, to create the discussion around what culture is needed inside an organisation to drive AI and also have the awareness of the ethics and principles around it,” Maheshwari emphasised. (IANS)