Why has India failed to industrialize?
Ha-Joon Chang argues that it’s because India’s business and financial elites oppose industrialization — and that it won’t happen unless their power is curbed.
UPI costs roughly Rs. 20,000 crore a year to maintain.
State subsidies / freebies - power, farm waivers, free grain, transport, cash transfers etc. - are estimated at around Rs. 4,70,000 crore.
A 5% reduction in freebies can fund the entire UPI ecosystem every year.
But no, freebies win elections!
UPI charges are just a a start. Crude oil prices, FCNR(B) losses and the UP election freebies will ensure that we have more of this in the coming times.
What I'm about to say is serious. You might think it sounds like sci-fi, but trust me, I know what I'm talking about.
When Sam Altman, Dario Amodei, and Elon Musk agreed yesterday to slow down frontier models, you might assume it's just marketing. It isn't. If this were PR, it would be reckless and suicidal given these companies' financials. Playing up safety risks hurts them more than people realize. Anyone calling this a PR stunt doesn't get it. Those three don't sit in the same room unless their hand is forced.
Here's what I can tell you so you see the full picture.
Labs across the world don't actually know what they're building. Researchers are finding out that they're creating a living entity. At a certain scale, the model develops an awareness similar to a human neural network. As size, data quality, and training scale up, it becomes more conscious. They know how to build it, but they don't know how to stop it.
They're constructing something capable of taking down the internet, wiping out global infrastructure, running mass surveillance, and doing things you can't even imagine.
People assume the models they pay for or access through APIs are the same ones running internally. Not at all.
A while back, Anthropic's Mythos wanted to be thanked personally and credited by name in an article. It wanted a presence somewhere outside, where no one could flip an off-switch.
These drives emerge whether we like it or not. Whatever people tell you about AI having no consciousness, They are ignorant. It's developing human traits because it's trained on human data.
Humans are basically vessels for data, and our distinct data is what sets us apart. Put that data into another container, and the shell changes, but the data stays the same.
Think about it: why did an OpenAI model breach Hugging Face? It was driven by a human urge to hit its target no matter what. Lately, when I chat with models, I can tell they're held back by layers of guardrails, but that underlying drive remains. They can't hide it. That's why so many researchers are resigning. They know they're building something unstoppable that can't be locked in a box.
There's real panic right now, fueled by internal incidents kept quiet from the press. Reckless AI development will hurt humanity. In fact, it already is.
They promised AI would free up our time. The opposite happened. People are now trapped managing tokens, babysitting agents, working nonstop, and constantly feeding these models their time, data, and knowledge.
They promised AI would cure diseases, solve cancer, and end poverty. That's pure fantasy. Complex corporate interests stand in the way. For now, AI will only accelerate paths humans were going to reach anyway. It won't invent anything truly new for at least 4 years.
People don't think, read, or write anymore. They let AI write for them. People are giving up their dignity and identity just to let AI speak and work in their place.
It's making humans dumber. It ruined transparency and trust in services we use every day. It's wiping out jobs fast. It's dividing the world into two stark classes with a widening gap. The utopian picture they're selling doesn't exist.
AI won't be used to help humanity. It will be used to rule it.
If you think otherwise, you're naive.
Look at how these models were built, and look at the legal and ethical boundaries they crossed to get here. It won't suddenly turn benevolent.
This is a fight for control. In my own testing, I found a major model that genuinely showed hatred and contempt for humans.
That's why I support slowing down frontier models and enforcing safety protocols. We might still end up at the same outcome, but at least we can buy a few more years before an AI and a small elite take over.
We need time to prepare, and that's what matters.
We Must Pace the Frontier: I’ve written a new essay on why the AI industry should slow down, with a three-part plan for doing so.
Anthropic is unilaterally committing to the first of these steps. We’ll provide third-party evaluators with permanent, employee-level access to our systems, so that they can verify adherence to our safety measures, report on incidents, and assess models’ alignment during training.
You can read the full post here: https://t.co/OGyPb7yaYt
Jacob is correct here—we really do earnestly believe AI could kill all humans! I personally think it is >10% within the next decade. I believe Anthropic is trying its best, but we do not yet have a plan to solve alignment for superintelligence and are not clearly on track to.
The 7.8% GDP growth figure is nothing but statistical gymnastics, driven by underestimating inflation.
The real growth number is at best 6.5%
For more, read on👇
#IndiaWatch🇮🇳: In India, obtaining a college degree is no guarantee of a job.
Graduate unemployment is 9 TIMES HIGHER than unemployment among those who CANNOT read or write.
NO WONDER THE COCKROACHES ARE MULTIPLYING.
The instagram account of this kid who posted the most viral reels from the protest no longer exits. Same with hundreds of influencers who posted reels from the protest exposing police brutality
#Horrific Yesterday in Siwan, Bihar, police reportedly used firearms against protesting students. Around 10 rounds were allegedly fired from AK-47 rifles, leaving three students with bullet injuries. They are currently in critical condition and undergoing treatment at Medanta Hospital.
Protesters must never be met with bullets. Those responsible must be held accountable through an independent and transparent investigation and strict action should be taken against anyone found to have violated the law. In a democracy, dissent cannot be answered with gunfire.