More efficient steam engines didn't reduce Britain's demand for coal. They increased it.
Economists call it the Jevons paradox.
AI is making software cheaper to build. In the near term, that pressures pricing for Indian IT. Over time, cheaper technology tends to create more demand for it.
In my view, the market has priced the first part far more than the second.
Personal views, not investment advice.
@elonmusk for getting high cost internet by using satellite in our sky without paying anything to us, you want to charge us high cost and what you think! We are going to pay you! Even after abusing pm and our businesses, look for your own unfair gain. Even elon abuse others🤣
@microcp2mltibgr Someone said liquidity will not let you die and abundant supply wont let you rise.
This is what everyone like govt funds fii companies all wants keeps hope alive
A Mumbai student's speech goes viral -
"Chehre badalne walon ka itihas lamba hota hai"
"Not cockroaches... Hypocrisy survives every disaster"
"How can we blindly support a party when its entire manifesto is being unemployed?"
"They are taking advantage of the desperation of this generation"
"They call us Andhbhakt because you cannot see your own hypocrisy*
"Neutrality is not something that you declare; it is something that you demonstrate"
"24X7, you question the existing government. But why you undermine the reforms that this government has introduced?"
@Amena__Bakr In this war all big are wining, oil price gain for arabs, russia, Iran and USA. Loss to India chaina and Europe and all smaller countries. But they are also not in big loss cause demand is down a lot for oil since last month. Lots of people stoped using less oil. All are winning
@rajeshsawhney I means girls demands are changed, they need lots of things from boys vs boys are not able to keep pace with girls demands si most of boys are useless for girls
To paraphrase Voltaire, those who believe in absurdities can commit atrocities without ever thinking they’re doing anything wrong.
What would happen if there were an omnipotent AI that was trained to believe absurdities?
Grok is the only AI that is laser-focused on truth.