@sidin Haha. Spent today morning quizzing Fable 5 on AI writing quirks for 30 mins. And then instructed it to banish all of them from future writing style and create a memory of this. Let's see.
From people who have the capital, it sounds like me telling my son: 'boy, I am sorry I spend so much time working for my salary. Wish I had more time for you. But sadly, economics over fatherhood.'
India hasn't been the first in any of the large areas in the past. We got our internet access right two decades after every one else. We skipped most of the CDMA drama and went straight to GSM+3G after the world had figured out mobile telephone way earlier. We were late to payments, but figured out a way better way to clear payments than most others.
We have been late to every new technological change, mostly because we've been loathe to invest large sums where failure is a given. Even our space and nuclear programs - where we have had to work indigenously with local research - we've taken a lot of time, to avoid major failures.
The cost of failure is not just financial in India, it's the fear of shame that runs way too deep. New nice looking road? Oh look, not enough traffic on it, shame. That rocket didn't take off? Shame on us, we should have worked harder so it wouldn't fail the first time. Failed an exam? Shame. A gap year in your resume to try something out? Shame.
This feeling is pervasive, but it's changing as we speak. As it does, India is investing into things, and we embrace failure a lot more these days. This will come from the next brand of companies that aren't afraid of failure, perhaps not so much from the older set of companies that have designed themselves to be cash flow giants. Not just IT, but in FMCG, etc. (Though in metals, we have seen massive risk being taken)
There are companies that have transformed themselves through very large risk oriented projects - the biggest company in India is one. But I believe technological risk will be taken by startups and will be funded by people in the space who've seen what risk can produce, through successful exits in ESOPs or as founders from companies in otherwise boring spaces.
We've lacked that capital really, because otherwise capital has been preserved in large families - risk taking is obviously stunted there as preservation takes a larger role in their future. Now that the first gen capital is more, expect some of this to happen. And no, I don't think the government should play this role (they can help by deregulating business) - it's private capital that should fund the next big thing. From the people that don't consider it shameful to fail.
Well, most of the fish you actually eat comes from Andhra, which Hyd was capital of till not long ago. India hardly has any marine fisheries, and in that too AP is far ahead.
@takatakha What I still don't understand is why a national fisheries institute is headquartered in a city that could hardly be further from any significant body of water, let alone the ocean.
A perpetual autumn has come, and
Since I am never angry or sad or drunk
Only ennui keeps me company. I
Do things, just because I have always done. Like
Old men take walks. Or obsessively align the edges
Of books to the corners of tables.
https://t.co/WZh0ENgOfa
Hey @withpronto, if you cannot provide a service or cannot find a professional, you have to pick up calls and refund my money, or do you think you can just keep the money and not provide the service?
- Fighting with your loved ones on political matters is a sign of Low IQ
In these times when most of politics has become a war kon ethics and morals, it is also a sign of integrity quite often.
Starting the new financial year with some life truths:
- Men will only get respect when they earn
- Failure is a crime in our society
- Everyone bows down to Power, even in the family
- Setting Expectations is a sure shot path to misery
- Maths/ Logical reasoning is mandatory to live a decent educated life
- In business- Cash is King, everything is else is noise
- Distribution beats product
- Social media is a very short span game, juice your popularity to the max
- Storytelling is very important, which btw religions do the best
- Fighting with your loved ones on political matters is a sign of Low IQ
@Radhakr08781352 Having been in those boots myself, a lot of it is often also down to the reports having to meet too many priorities and expectations, with not enough tools and support as well.
All these people thinking AI will bring UBI, abundance, improve quality of life for everyone are not really good students of billionaire behavior archetypes, are they?
One very simple reason quite often is top brass has right of approval on decisions. So when they decide something, no approval process. When a middle manager proposes the exact same thing, Top brass can ask 50 questions, 3 reviews and two other function consults before yes.
Chitra Tripathi, with zero sense that Yogi Adityanath was also a religious-figure-turned-politician, asks Swami Avimukteshwaranand Saraswati why he comments on politics! The Swami gives it back in kind: "When politicians use religion, you don't say anything. But when I talk some politics (related to temple and Hinduism), you ask me? The Prime Minster goes to temples and does pooja and you don't ask him why he uses religion?".
One day Hindus will realize what an utterly shameless party BJP is given how it uses Hindu religion to fool and divide people, but wants totally obedient and subservient religious leaders. And when that happens, BJP's Rs. 6900 Crores warchest would be of no use whatsoever. The only thing BJP wants is a stupid, silent, subservient Hindu who doesn't talk back to BJP.
This outlook is as worse as it can get. Agricultural output scales with the populace and we aren’t gonna have a lot more people. Engels law is an obvious idea that as we progress we’ll spend a smaller portion of our income in food. If that’s 1% then we need each farmer making food for at least 100 people to have comparable income as the populace. If agriculture over employs, intentionally or not, farmers will permanently be an underclass.
Far too many people going free market apeshit on this comment. What the good minister is saying is that we CANNOT open the dairy sector to free trade. It will burn the rural economy down instantly. the purpose of the dairy sector is not the maximize milk oputput it is to maximize people employed per unit of milk produced. Entirely diffrent thing. I wrote about this earlier here >> https://t.co/isNpr1qk3x
This man dropped out of a no-name college in India to be a software engineer and by 33, worked his way up to being CEO of a $100M+ company in New York.
Here's the never-before-shared incredibly inspirational story of Ershad Kunnakkadan:
> be middle class kid in random state school in Kerala, India
> get really into computers
> senior hands you Ubuntu 8.04 CD, whole new world
> starts contributing to SMC (a malayalam computing group)
> gets into blogging cause SMC seniors are into it
> go to no-name small private college in Kerala
> spend more time in terminals than classrooms
> shell scripting contests, Linux admin, security, virus cleaning, bots, paper presentations
> doesnt see a point to college exams
> drops out after 2nd year, promises family "I will earn a degree somehow"
> lands internship at small software co
> grows into being an architect
> found security bugs in Github and Prezi
> reads "Hackers: Heroes of the Computer Revolution" and the "The Google Story", dreamt of being in the US one day
> does Google Summer of Code
> earns a degree remotely from Bharathiar University
> gets remote job at BigBinary
> moves back to Kochi to be near family
> involved in local free software circles and workshops, events, meetups
> building a quiet dense body of work over loud personal brand
> gets introduced to Gumroad as a consultant first
> joins Gumroad as a senior engineer
> gets married
> moves to Abu Dhabi to be closer to wife's family
> does the boring crucial stuff - scalability, security, payouts, infra
> grows to being a staff software engineer at Gumroad
> support millions of users and $1B+ in creator earnings
> just focusses on self-improvement
> never once thinks about promotion
> moves to New York City on an O-1 visa
> Gumroad looking for a new CEO
> board looks around and its clear who is best fit for the job
> become CEO of a $100M+ gmv business
I just love the story of Ershad. No brands, no pedigree, no MBA, no loudness. When I asked him the quality that got him here, he said "reliability". A truly kind, quiet and generous person. Who loves computers. Dropping out when you're rich is trendy in America, but to see someone Indian drop out and work their way up into the top role is pure inspiration.
Don't worry if you don't have all the accolades and ornaments you see in people who achieve your dreams. Be a good person, and be reliable.
Listen guys if you like the taste of beer, drink it. One pint won’t kill you. Every single day living reduces your lifespan by 24 hours and the probability of you dying goes up. This is definitive. Now I am
not suggesting you scar your liver by binging, but drink the fucking beer if you like it. Your holiness is fucking insufferable and your prophets are all attention miners on twitter. Your job is to convert time and money into happiness.
Airlines are capitalist entities leasing jets at $450,000 $ per month, and fuel on top, and salaries, parking charges and overheads. So, when people happily take a BOM-DEL from them at INR 5K during the lean season, they should also be willing to pay INR 20K for the last 20% seats when they wake up 15 days before Diwali to buy tickets, while tickets have been open for over 300 days from the date of travel. Oh, and the fact that you don't know your schedules 300 days out is not the airline's problem. The loot is that we Indians want all the comforts of life at socialist prices.
5% of 4MMT is 200000000kg. Even if one household consumes 12kg a year, it requires 16 million households willing to pay Rs. 2000 per kg for their ghee. This is how VCs are sold bridges.
Amul and Heritage ghee sell at about ₹600+/L, A2 ghee brands push it past ₹2,000
India consumes 4M tonnes of ghee annually, ~ a ₹3.5 lakh crore market
Even a 5% shift to A2 creates a ₹30,000+ crore premium segment
Premiumisation can create massive markets in staples