Every time now and then you see why India๐ฎ๐ณ is like this and why the government is not working properly? all this stuff !๐ค
and also few times this agitation leads to the protests and dhrnas ! (Which has no benefits practically)๐ฅฑ
so people are in this never ending dilemma๐ง and they switch to another topic few days later and start questioning on that
But what is the real root cause for this no one questionsโ
Today it is women safety, yesterday it was stock market crashing, day before yesterday it was Bank employee issue
So this loop continues and people tweet and make reels and never nothing happens
#think
@CatWomaniya The best way to make this happen
Is the development of the country
As country grows people become prosperous and come out of this type of mindset and embrace the best ๐ฏ
@amitkilhor He seems more like a stupid politician like every other๐
It's our mistake we thought he is unique and bring new vision and perspective but he is the same like everyother disappointing ๐ฅฑ
Anyway in the first place electing a film star into a politician is itself a stupid thing ๐
@rishikagupta__ Yeah true,
It will generate and ship the production ready applications on the fly
It just needs the requirement from you
Very exciting ๐
@alexandr_wang I still think that Open AI has advantage over any other company, considering their huge distribution in AI meta has the World's largest distribution via social media but still for most of the people AI means "Chatgpt" ๐ฅ
@hamptonism This could flood the market with personal AI agents possibly,
It can do what GrokBot and muse struggling, it already has a huge distribution of more than billion people
If they keep this with free tier then it makes the product release phenomenol !
In the 1990's and 2000's the multiple was 0.4X which resulted in the spectacular returns across the industries but now this template doesn't work any more.
Yeah investing in Individual companies may result still decent returns๐ (low opportunities and chances by the way)
So the dream which is sold by society that; "Invest in the stock market consistently with patience and you will generate decent wealth in the next 20/ 30 years" doesn't work anymore
It's done (the golden period of wealth creation via stock market across the world and especially in India is done) !โ
@Akshat_World
There is a huge misconception among the people; ๐ค
They think that if they remain in the market for long and invest consistently they eventually earn with a decent CAGR return (12-18%) for their investments and will have a huge wealth accumulated over next
20/30 years.๐ฐ
Yeah this was true for the previous generation especially in India๐ฎ๐ณ predominantly but not anymore
Broadly the stock market value is directly dependent on the value of GDP of the country and it can't exceed more than the 3X multiple (generally!, exceptions may be there if there is a paradigm shift like Al especially the American markets๐๐บ๐ธ)
For example, if you invest 1 cr today in Indian broad market Index (not a single or few companies) and except to make 3X in 10 years (cagr of 11.6%; feels ordinary and achievable) then the GDP of the India need to be at 10.8T$ (11.6% /yr growth) at fairly valued condition of multiple of 1.2X with respect to market values/ GDP
@cryptopunk7213 There gonna be in ten's of startups which would gonna be acquired by the big tech firms for billions of dollars ๐ต
What could be the next and who would gonna acquire it
Any guesses ?
Because people in India are fools
Majority of the population living especially in rural and urban areas even though they have degrees but they are literally fools ๐ฅฑ
Which makes clear sense and the fools will choose an another fool as a leader not a genius and the fools are very easy to manipulate in the name of religion, caste, and so many things
This is the clear thing which makes me feel that he will be PM forever โพ๏ธ
AI will be revolutionary in the medicine and scientific research ๐
But in the knowledge work and coding it will gonna be industry scale automation
Leading to large scale unemployment ๐ฎ
Right it is in the software engineers
How much it gonna affect in knowledge is still to be thing to watch in future
Very exciting times๐