Rushil R

Tweets are personal views | Opinions you didn’t ask for.

[Rushil R @RushilR18]

Calm down.

[Rushil R @RushilR18]

@leevalueroach @litcapital gold content here check it out!

[Rushil R @RushilR18]

@flightradar24 Man imagine boarding a flight to Mumbai and landing in Hyderabad. How come Pune, Goa airports are ignored?

[Rushil R @RushilR18]

@ANI Om Shanti to his soul, may his soul rest in peace 🙏🏻

[Rushil R @RushilR18]

@tprabhakar88 You hit certain percentage of referral accounts scapia sends out products like iPad, Macbook Neo etc....

They (Scapia) are just burning money to acquire customers and folks who promote Scapia dont have the best interest in mind for their audience

[Rushil R @RushilR18]

@1992gaurav @airindia You do know you can pay the difference and upgrade yourself to business class right?

[Navalism @NavalismHQ]

A lion is prized for its strength and a bird for its flight, their uniquely expressed attributes.

Similarly, humans are prized for their reason, and not their trappings - physical, material or social.

@naval

[Rushil R @RushilR18]

@AnuSatheesh5 Om Gan Ganapathaye Namaha

[Rushil R @RushilR18]

@HeritageGirl7 Ganpati Bappa Moraya

[Rushil R @RushilR18]

@HeritageGirl7 Om Ganganapataye Namah

[Rushil R @RushilR18]

@HeritageGirl7 Jai Ganpati Swamy

[Boring_Business @BoringBiz_]

So you pay $200/month for Claude Pro just so you can ask it random questions that you could have searched for free?

[Boring_Business @BoringBiz_]

Still think about this

[Macro Liquidity by Sunil Reddy @Macrobysunil]

The Railway Bubble Explains AI Better Than Most People Think

The railway bubble is one of the best ways to understand what’s happening with AI today.

The railway boom began with a real breakthrough.

Before railways, moving goods and people was slow, expensive, and limited. Goods travelled by horse carts, canals, and ships. People moved at a much slower pace. Markets were mostly local. A region’s economic value depended heavily on how easily raw materials, workers, and finished goods reached other places.

Then railways arrived.

Distance began to shrink.

Trips once measured in days took hours. Coal, steel, food, and manufactured goods moved faster and cheaper. Cities expanded. Workers reached new places. Trade routes shifted. Entire regions became more valuable because they were connected to railway networks.

So the early excitement made sense.

Railways changed the world.

The first railway companies showed investors what was possible. Investors saw speed, scale, and profit. Governments saw national development. Promoters saw a chance to raise money. The public saw a future unlike the past.

That’s how the bubble began.
First came real innovation.
Then came the early winners.
Then came the story everyone wanted to believe.

“Railways are the future.”

And they were.

But the market slowly turned a true idea into a dangerous assumption.
“Railways are the future, so every railway company must be valuable.”

That’s where things went wrong.

Money rushed into almost every railway project. New companies appeared quickly. Promoters proposed routes everywhere. Investors bought railway stocks less because they understood each business, and more because railway stocks were rising.

The quality of the project mattered less.
The price mattered less.
The expected return mattered less.
Exposure to the future became the only thing people cared about.

That is classic bubble psychology.

A real technology creates real winners. Investors then stretch those early wins across the whole sector. Capital gets careless. Valuations break away from reality.

As railway mania grew, more routes were approved. Some made sense. They connected major cities, industrial hubs, ports, and high-demand areas.

Many others didn’t.

Some lines copied routes already in place. Some connected weak markets. Some were built mainly because money was available. Some existed more for speculation than long-term profits.

The world needed railways.

It didn’t need every railway, in every location, at every price.
That was the mistake.
The infrastructure had value. The capital allocation didn’t.
Then reality arrived.

Railways were expensive to build. Land had to be bought. Tracks had to be laid. Bridges, tunnels, stations, and engines required huge sums of money. Costs rose. Many companies needed more funding than expected. Profits took longer to arrive. Passenger and freight demand wasn’t strong enough to support every route.

Investors eventually understood the future was real, but the returns were not spread evenly.

The best railway lines survived.
The strongest operators became valuable.
Weak projects collapsed.
Share prices crashed.
Speculators were wiped out.
Money raised in a wave of excitement turned into losses.

That’s the main lesson.

Railways didn’t fail.
The railway bubble failed.

The technology survived. The infrastructure stayed useful. Railways kept transforming economies for decades and became one of the foundations of industrial growth.

But investors who bought the wrong railway stocks at the wrong prices still lost money.

That’s how bubbles work.

They are not always built on fake ideas.

Many of the biggest bubbles begin with real technology, real innovation, and real productivity gains.

The bubble forms when investors confuse the future of the technology with the future returns of the stocks.

Railways changed the world.
Railway investors still lost money.
The internet changed the world.
Dot-com investors still lost money.

Now AI has taken the place of railways.

AI is real. It will change productivity. It will affect software, research, coding, automation, defence, healthcare, finance, content, and robotics.

But that doesn’t mean every AI company deserves any valuation.

The tracks and stations of the railway era have been replaced by GPUs, data centers, power contracts, cloud spending, and private AI valuations.

The story is once again simple.

“AI is the future.”
And that statement is likely true.
But the dangerous assumption is back too.
“AI is the future, so every AI asset must be valuable.”
That is where investors need discipline.

The question is not whether AI is real.

The question is whether future AI revenue will justify the amount of money being poured into chips, data centers, energy infrastructure, cloud contracts, and private valuations today.

History doesn’t repeat perfectly.
Human behaviour does.

Every generation believes its bubble is different because the technology is new.

The pattern usually stays the same.

Real innovation.
Early winners.
A story everyone repeats.
Capital rushing in.
Overbuilding.
Valuations getting stretched.
Reality returning.
A crash.
Survivors become infrastructure.
Speculators get wiped out.

Railways were real.
AI is real too.

But a real technology still turns into a financial bubble when capital loses discipline.

That is the lesson from railway mania.
The future might be right.
The price might still be wrong.

[Rushil R @RushilR18]

@immortaldharma Om Swamiye Ayyappa Saranam 🙌🏻

[Rushil R @RushilR18]

Jai Lakshmi Narasimha bhagwan 🛕🌌🚩

[KALKI @immortaldharma]

Protector of Bhakta 🙌

[KALKI @immortaldharma]

Protector of Bhakta 🙌

[Rushil R @RushilR18]

@immortaldharma Jai Lakshmni Narashimha 🙏🏻🦚❤️

[Rushil R @RushilR18]

@nakshlife This is not done by Adani, rhey have cleverly put their comoany run logo there.....this is present in most airports

[Rushil R @RushilR18]

@AviationAll_ Feels like a poor use of this flight

[Rushil R @RushilR18]

@UpdatesChennai We can complain but the ground realities are different, Mumbai, Bengaluru and Delhi are pretty big airports with airlines like Air India and Indigo using them as hubs, Chennai airport cannot be extended due to local politics