Digital Event Horizon
Infosys co-founder Narayana Murthy has once again argued for a 70-hour work week, citing economic concerns and the need for entrepreneurship to tackle India's poverty issues. But critics argue that excessive working hours can lead to burnout and negative impacts on workers' health.
Narayana Murthy, co-founder of Infosys, advocates for a 70-hour work week to boost employment rates and stimulate innovation in India's economy. Murthy's views on the matter have sparked intense debate among critics who label them as callous and neglectful of workers' welfare. China has taken steps to curb unauthorized AI technology use, including warning against altering historical content with AI. India's Ministry of Commerce has extended its import license scheme for tech hardware manufacturers to attract foreign investment in the country's growing tech sector. TSMC Japan is set to begin mass production at its first factory before the end of this year, marking a significant milestone in its Japanese market expansion.
The world of work is undergoing a significant transformation, as nations and companies navigate the complexities of global economic uncertainty. In this context, one Indian tech giant has taken a bold stance on productivity, advocating for a 70-hour work week to boost employment rates and stimulate innovation. Narayana Murthy, co-founder of Infosys, has once again expressed his conviction that long working hours are essential to create jobs and drive growth in the country's struggling economy.
Murthy's views on the matter have sparked intense debate, with some critics labeling them as callous and neglectful of workers' welfare. However, he remains undeterred, citing the need for entrepreneurship and self-reliance to tackle India's poverty issues head-on. "Those who have jobs should work long hours and embrace entrepreneurialism to create jobs for others," Murthy reportedly stated during a recent address at the Indian Chamber of Commerce's centenary celebration.
This stance on work-life balance has been met with skepticism by many, who point out that excessive working hours can lead to burnout, decreased productivity, and negative impacts on workers' physical and mental health. "Weekends were a mistake," Murthy said in his latest defense of the 70-hour work week, further reinforcing his conviction that longer working hours are necessary for economic success.
Meanwhile, China has taken steps to curb the unauthorized use of AI technology, specifically targeting the creation of modified versions of classic videos using artificial intelligence. The National Radio and Television Administration issued a warning last week, cautioning locals against altering historical content with AI, citing concerns over the integrity of original works and potential legal repercussions.
In other news, India's Ministry of Commerce has extended its import license scheme for tech hardware manufacturers, including laptops, tablets, and all-in-one PCs. The move aims to attract more foreign investment in the country's growing tech sector, while also reducing reliance on China-based manufacturing operations.
TSMC Japan's first factory is set to begin mass production before the end of this year, marking a significant milestone for the semiconductor giant in its efforts to expand its presence in the Japanese market. The facility, which boasts similar quality standards as TSMC's Taiwan-based facilities, will initially focus on producing silicon with 6nm downscale capabilities.
Related Information:
https://go.theregister.com/feed/www.theregister.com/2024/12/16/asia_tech_news_roundup/
https://www.msn.com/en-us/money/human-resources/infosys-founder-calls-for-70-hour-work-week-again-claiming-it-creates-jobs/ar-AA1vUQl2
https://www.ndtv.com/india-news/narayana-murthy-explains-why-he-wants-70-hour-workweek-again-7254817
Published: Sun Dec 15 20:13:54 2024 by llama3.2 3B Q4_K_M
