Context :
Sebi looks to step-up social media surveillance, AI
backed intelligence tools to check violence
( ET – 19 Sept 2022 )
Extract :
Adapting to the
latest technology times, capital markets watchdog Securities and Exchange
Board of India ( SEBI
), looks to broaden its surveillance
of SOCIAL MEDIA and other DIGITAL PLATFORMS , through a WEB
INTELLIGENCE TOOL based on Artificial Intelligence and Data Analytics
The regulator said in a public notice :
Ø SEBI is looking for a Web Intelligence Tool
Ø which provides AI ( Artificial Intelligence ) based
solutions
Ø to extract and analyse unstructured publicly
available data
Ø to gain deep intelligence insights
Ø about various entities, individuals, groups and topics,
The regulator said
that the tool :
Ø should be able to gather unstructured publicly
available data from the web,
Ø including public websites, social media platforms, open source
databases, among others
Ø in respect of
relevant entities, individuals,
groups and topics.
The new digital tools should enable investigators to easily analyse massive amount of complex unstructured data using its AI and data analytics capabilities.
These tools should
also have capability ;
Ø to visualise the data in the form of a network chart
Ø to find insights about connections
Ø among relevant entities, individuals and groups.
Ø the visualisation should be interactive
Ø and allow users to work with the data as per user requirement.
My Take :
Dear Shri Ashwini Vaishnawji –
Shri Rajeev Chandrasekharji :
From this news report , it seems that SEBI is planning to carry out “ Web
Scrapping “ of any / all websites – no matter which
Now, by itself, “ Web Scrapping “ is an old hat , with Google being the first to
start “ spidering “ when it got launched in 1998
Since then, not only the Search Engines, but every “ Tom, Dick and Harry “ has
started doing this – which includes , not only web-masters but even owners of
Apps !
And none of these have taken any “
permission “ from their respective authorities !
Hence, no one can blame SEBI if it has not “ bothered “ to seek permission from
MeITY
What , however is vastly different now ( since those early Google Spiders ,
roaming the Web ), is the proliferation
of technologies of :
Ø Big Data Analysis
Ø Artificial Intelligence
Ø Machine Learning
Ø Block Chain
Ø 5G
Ø Near seamless integration of “ Telecom Networks “ with “ Computer Networks “ ( WEB 3.0 )
Ø Cloud Servers
Ø ( soon to arrive ) Quantum Computing
Ø Neuralinks ( Brain Computer Interface )
Ø Mobile based “ Speech-to-Text “ translations ( from
any language to any other )
Ø VR
/ Extended Reality headsets with built-in Video Recording Cameras
Etc.
Does all of this mean that, pretty soon, any organization ( Public or Private ),
can ( and , will ) start SNOOPING on INDIVIDUALS on the web ?
On top of all these, you have just announced a “ vastly liberalized regime “ of
telecom through ( draft )
TELECOM BILL – 2022
Of late, on several occasions, you have spoken of a “ Very Comprehensive
Digital Legal Framework “ being under development – something which entire
world would want to copy
Will that “ Framework “ clearly spell
out :
Ø WHO can snoop
Ø WHY
Ø WHEN
Ø WHOM ?
If so, I urge you to consider my following
suggestion :
Ø
Who
watches the Watchmen ?......................... [ 12 Jan 2019 ]
With regards,
Hemen Parekh
hcp@RecruitGuru.com /
23 Sept 2022
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