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Correspondent

21 August 2024 at 3:50:16 pm

Algorithmic Alibi

Meta’s handling of child sexual-abuse material has exposed the hollowness of the tech behemoth’s claim to be merely a simple intermediary. A company whose algorithms decide what millions of users see and that builds its advertising business around that distribution can hardly retreat into the role of a passive conduit when some of what it helps circulate is abhorrent. The Indian government’s contention that Meta should instead be regarded as a service provider gives it some rightly deserved...

Algorithmic Alibi

Meta’s handling of child sexual-abuse material has exposed the hollowness of the tech behemoth’s claim to be merely a simple intermediary. A company whose algorithms decide what millions of users see and that builds its advertising business around that distribution can hardly retreat into the role of a passive conduit when some of what it helps circulate is abhorrent. The Indian government’s contention that Meta should instead be regarded as a service provider gives it some rightly deserved raps on the knuckle. Meta has now agreed to report child-safety matters directly to the cybercrime portal managed by the Indian Cyber Crime Coordination Centre (I4C). Until now, such cases were reported to the United States-based National Center for Missing and Exploited Children. The new arrangement raises the obvious question of why a company with Meta’s technological resources required regulatory pressure before establishing a direct reporting mechanism with Indian authorities. Meta’s own business model has demolished its fiction of passivity. Facebook and Instagram do not simply sit there waiting for users to post material. Their algorithms rank, recommend, personalise and amplify that material. They determine what attracts attention and, by extension, what generates engagement and advertising revenue. Meta has invested enormous resources in making those systems increasingly effective. It cannot then plead helplessness when the same machinery distributes material that it would rather not acknowledge. Meta’s systems are notoriously difficult for outsiders to scrutinise, while the company possesses vast amounts of information about how they operate. Governments, researchers and users are therefore often expected to identify problems without possessing anything like Meta’s visibility into its own platforms. The company cannot reasonably demand trust while keeping so much of the machinery that determines online visibility behind corporate walls. That said, the government has acknowledged that the courts must ultimately determine whether the company retains safe-harbour protection. But legal immunity and corporate responsibility are not the same thing. The more sophisticated Meta’s technology becomes, the weaker its excuse for failing to anticipate predictable abuses becomes. A company capable of identifying a user’s interests with astonishing precision should not find child-abuse material an unknowable phenomenon. There is a revealing asymmetry in Meta’s posture. Algorithmic power is a selling point when it increases engagement. It becomes someone else’s problem when that power produces consequences that attract regulatory scrutiny. The company wants credit for knowing what people want, while retaining the legal convenience of claiming that it cannot know what appears before them. This is selective accountability. While the courts will decide the precise limits of safe harbour, Meta should not confuse legal uncertainty with moral ambiguity. A company that designs the machinery, controls its settings and profits from its operation cannot forever wash its hands of what that machinery helps to put in front of the public.

Why Women Are Better Investors Than Men

Mar 9, 2025
2 min read

Updated: Mar 10, 2025


Women Are Better Investors

As the world celebrated International Women's Day, discussions centered around women's achievements in various fields—business, leadership, science, and beyond. But one area where women consistently outperform men, yet receive little recognition, is investing.


Despite money management often being seen as a male-dominated field, women have quietly and consistently proven to be better investors than men. With patience, discipline, and a long-term mindset, women naturally possess qualities that make them superior money managers.


A Perfect Blend of Knowledge and Wealth

In Hindu mythology, Goddess Saraswati symbolizes knowledge, while Goddess Lakshmi represents wealth—two essential pillars of investing. The ability to manage wealth wisely stems from a deep understanding of financial principles, and this is where women excel. They take the time to learn, analyze, and make informed investment decisions rather than rushing into trends or speculation.


Why Women Make Better Investors

Several traits make women stand out as investors:


Patience and Long-Term Vision: Unlike men, who may be more prone to impulsive trading and get-rich-quick schemes, women tend to have a longer term mindset. Their ability to stay calm, especially during market fluctuations, leads to better returns over time.


Disciplined and Goal-Based: Women prioritize consistent savings and goal-based investing. This disciplined approach helps them build wealth steadily. Women naturally excel at budgeting, planning, and structuring investments to align with future goals, whether it’s children’s education, home buying, or retirement security. Their emotional connection with goals is what makes them stick to discipline.


Risk-Aware, Not Risk-Averse: Contrary to the stereotype, women are not afraid of risks—they are just more calculated about them, through appropriate asset allocation. Eventually, this approach ensures maximum returns with minimal risks. 


Trust and Willingness to Learn: Women value education and expertise, making them more likely to seek guidance from a well-qualified financial advisor. Unlike men, who often overestimate their investing abilities, women approach financial decisions with a willingness to learn. Once they find a trusted expert, they follow sound advice instead of making emotional, short-term moves.


Women Leading the Financial World

These qualities are why many of the world’s leading financial institutions are now led by women. In India and abroad, we see prominent banks, asset management companies, and investment firms thriving under female leadership. Their ability to combine strategic thinking with emotional intelligence makes them exceptional at managing money—both at a personal and professional level.


Final Thoughts

With their trust in expert advice and a strong focus on financial education, more women should embrace their strengths and take control of their financial futures!

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