In last ten years, even in my city and outskirts area of it, so many large apartments have been created. It's like people had thousands of crores with them lying and empty land and they were just waiting for roads to be built or having free hand to build anywhere. But 90% of them are empty with high cosy and barely any job in the city. IT employees were supposed to be buying the apartments but even they will be out of job and money soon. The whole indian economy and real estate was running on black money and hope that IT employees will keep buying it. They barely invested in any industry
They are not wondering about every other indian. Ordinary indian only has money for the FD, and he invests in FD so that his kids can R&D through proper education. They are wondering why people with big capital are not investing in R&D while on the other side they are squandering off money in show off and royal marriages of thousands of crores.
a very primitive rocket simulator based on simple rocket equation, built by opus. will try to create a more openrocket type web based full fledged 3d simulator with individual components and may be AI assistance. hopefully fable will be unblocked by then.
https://t.co/jcJbUoDAkN
Because people use social media for the protection of their freedom of expression, and in India that trust is zero for an indian company in current govt. People want to be heard and reach to a wide global audience and viewer which an indian app won't and don't provide. Even twitter itself does not have that many users in India.
One of the reasons INDIA will never produce an ELON MUSK is the scrappy system in Bharat & the other is nepotism ! INDIA was a global leader in web 2.0 partly because of first generation entrepreneurs. Unfortunate the system & nepotism has left INDIA behind in the Web 3.0 race!
Indian corporates are sitting on cash. And, not investing. TCS/IT is not alone. This also includes the likes of ITC, HUL, Coal India.
Private Capex/total investment fell from 40% in 2015 to around 33% now.
Firms are simply not spending.
They are actually conserving cash.
Good questions to ask is why?
China dumping, lack of demand all valid factors. But most importantly this money helps them survive hostile takeovers.
Indian corporates are in a survival mode. Not in an "experimental, let's do R&D mode"
R&D is done in economies where free markets work.
Look around: firms like Meta, Amazon, US Tech are undertaking record Capex. These are not your 2nd/3rd generation "built by their grandfather businesses"
They are basically buying and protecting their MOAT with Capex. They undertake Capex because Capex= Moat= survival.
What happens in the next 5 years?
Indian firms become even less competitive than they are today.
Bloodbath leads to more options. Existing businesses sitting on cash end up buying weaker firms.
That's how this plays out.
You listen to these tech billionaires and then you listen to indian ones, and you realise how lack of depth or even basics they know. Mukku ambani was speaking about nvidia having hindi term vidiya with Jensen huang. 🤦♂️ Atleast read something, little bit about these things before attending the events and speaking rubbish.
Vinod Khosla on why he does not really prefer "AI co-pilots".
Because he thinks "humans get in the way of co-pilots", which slows everything down and blocks real change.
He says workers like accountants and programmers do not actually want co-pilots, because they feel their jobs are at risk and then resist using the tool properly.
So instead of “helping” them, he prefers building AI that fully does the job itself, like a complete software engineer.
He expects that by 2030, most of these roles will be pure AI workers, not human+co-pilot.
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From 'Corgi Insurance' YT channel (link in comment)
😂😂 that's the only one india does not need. And giving credit to him for what a private startup and developers did. His task was in railways, to improve railways facilities and safety and he made it worse. His job was in electronics and semicon and all he has done is speaking catchy slogans. All these budhaus gang know zilch about tech bit sit on pile of cash and authority.
If @ArvindKejriwal had been PM, I'm quite sure that he would recovered billions of dollars from every corrupt in this country and would have spent them in providing resources to scientific institutions. 10 billion recovered from corrupt bjp politicians and bureaucrats, send it to isro for building Indian space station. Another 10 billion recovered from some others like adani phadani, send it in building compute for strqtegic AI developers. Another 10 recovered next month's, send it to modernization of defense and defense tech companies in india. India has corrupts amassing billions with them and lying just in hotels and apartments. But alas
2 labs are not enough for a country like India, we need more labs, more gpus, more research/infra engineers, more collaborations, more risk takers, more capital, more respect, more leaders who are believers, more courage, more voices
2 labs are not enough for a country like India, we need more labs, more gpus, more research/infra engineers, more collaborations, more risk takers, more capital, more respect, more leaders who are believers, more courage, more voices
The website of BCyber program is up. Please see: https://t.co/gAChj5GWmF. Admission portal to be open tomorrow. Check the curriculum, no sign of common UG courses! It is laser focused on cybersecurity. @IITKanpur@Director_IITK