@aleabitoreddit 2000% price increase on a 20 % revneue increase, with no guidance on the change yet. Do you expect all of this thesis to start showing in revenue ramp in the coming quarterly earnings, or is this a pure momentum/vibe trade for the time being?
Indigo shut down even the direct flight routes between Europe <> India for last week and just started them back with extended routes.
I was supposed to fly last weekend for Holi, then Iran war shut down all plans. My travel habits do tend to trigger edge cases every single time.
With all the conflicts causing airspace closures across Eastern Europe & Middle East, going from Europe to India now adds +2.5 hours in order to avoid the entire region.
@IndiGo6E All Indigo flights from Amsterdam - Mumbai keep getting cancelled. Seems like flights are functioning while routed outside affected airspaces. Can't Indigo do the same?
https://t.co/9x6SCsGVNB
@IndiGo6E Hi Indigo team - Is middle east situation going to impact flights to Europe for a long time as well?
It seems Amsterdam -> Mumbai flights are canceled for the weekend. Is it likely to continue, or can re-routing fix this route?
https://t.co/9DvzpQIZMG
@elonmusk Can you enable geographic boundary (Country/Continent) filters as well?
Entire world is stuck in US politics drama on every single topic but has any influence on it. It would be nice to opt out and just engage & interact with the region where one lives.
@IndiGo6E Hi Indigo team - Is middle east situation going to impact flights to Europe for a long time as well?
It seems Amsterdam -> Mumbai flights are canceled for the weekend. Is it likely to continue, or can re-routing fix this route?
https://t.co/9DvzpQIZMG
AI labs have shaped the narrative so well that every normie reurgigates now that AI is just a tool like previous tech cycles, and humans will level up instead of replaced.
This is 1st major signaling of a clear break that the era of jobs entirely done on computers is indeed over
we're making @blocks smaller today. here's my note to the company.
####
today we're making one of the hardest decisions in the history of our company: we're reducing our organization by nearly half, from over 10,000 people to just under 6,000. that means over 4,000 of you are being asked to leave or entering into consultation. i'll be straight about what's happening, why, and what it means for everyone.
first off, if you're one of the people affected, you'll receive your salary for 20 weeks + 1 week per year of tenure, equity vested through the end of may, 6 months of health care, your corporate devices, and $5,000 to put toward whatever you need to help you in this transition (if you’re outside the U.S. you’ll receive similar support but exact details are going to vary based on local requirements). i want you to know that before anything else. everyone will be notified today, whether you're being asked to leave, entering consultation, or asked to stay.
we're not making this decision because we're in trouble. our business is strong. gross profit continues to grow, we continue to serve more and more customers, and profitability is improving. but something has changed. we're already seeing that the intelligence tools we’re creating and using, paired with smaller and flatter teams, are enabling a new way of working which fundamentally changes what it means to build and run a company. and that's accelerating rapidly.
i had two options: cut gradually over months or years as this shift plays out, or be honest about where we are and act on it now. i chose the latter. repeated rounds of cuts are destructive to morale, to focus, and to the trust that customers and shareholders place in our ability to lead. i'd rather take a hard, clear action now and build from a position we believe in than manage a slow reduction of people toward the same outcome. a smaller company also gives us the space to grow our business the right way, on our own terms, instead of constantly reacting to market pressures.
a decision at this scale carries risk. but so does standing still. we've done a full review to determine the roles and people we require to reliably grow the business from here, and we've pressure-tested those decisions from multiple angles. i accept that we may have gotten some of them wrong, and we've built in flexibility to account for that, and do the right thing for our customers.
we're not going to just disappear people from slack and email and pretend they were never here. communication channels will stay open through thursday evening (pacific) so everyone can say goodbye properly, and share whatever you wish. i'll also be hosting a live video session to thank everyone at 3:35pm pacific. i know doing it this way might feel awkward. i'd rather it feel awkward and human than efficient and cold.
to those of you leaving…i’m grateful for you, and i’m sorry to put you through this. you built what this company is today. that's a fact that i'll honor forever. this decision is not a reflection of what you contributed. you will be a great contributor to any organization going forward.
to those staying…i made this decision, and i'll own it. what i'm asking of you is to build with me. we're going to build this company with intelligence at the core of everything we do. how we work, how we create, how we serve our customers. our customers will feel this shift too, and we're going to help them navigate it: towards a future where they can build their own features directly, composed of our capabilities and served through our interfaces. that's what i'm focused on now. expect a note from me tomorrow.
jack
Not a single consumer software product that was specifically built for India became global and got run over by its global counterparts in India as well; this thesis ensures that it'll repeat in AI.
The Bitter Lesson of LLMs has proven that general methods always win out over specific ones. SOTA models will perform better at any Indic variation over time than those built just for the latter.
Moreover, Sovereign AI will require ownership across the entire stack, not just the software layer, which is easiest to get wiped out.
Sarvam probably can't do it all from get go, but worth having a manifesto that seeks to establish that over time?
Start every day by catching up on new AI capabilities that give us powers to create anything, super empowering.
End every day by realising exact same capabilities are commoditized to everyone literate, seeing no way to generate economic value as individual, super disempowering.
Bitcoin was evangelized as an uncorrelated hedge asset against macro conditions, which was somewhat true pre-2020.
COVID pumped liquidity, followed by institutional adoption, raised the correlation to the point where $BTC now essentially functions as a leveraged S&P 500 index.
TIL: 16 major EU banks owned EPI company is building Wero, a pan-European peer-to-peer payments app, doing rollout in 2026.
Glad that Cash/Venmo equivalent is happening in Europe, even though 15+ years late.
Sad that this comes from incumbents forced by <10s free instant transfer law instead of a startup innovation.
Every time you visit a website in Europe, the unending stream of performative consent, cookies, and GDPR pop-ups won't let you do anything until you accept for the zillionth time.
I made a Chrome extension that auto-accepts and hides it all:
https://t.co/gMDP4M4iDN
@benjaminakar I generated a similar tool a few weeks back.
You should visualize this on map - becomes quite the eye opener in that format.
https://t.co/8syYS5yV4Z
Across Europe, on average, if you get a €100 job offer, gross employer cost is €120, net employee earning is €63, effective income retention rate of 52%
Earn & spend entire life in cash strapped manner so you can get a subsistence income in the last 10 years of retirement.
Recently listened to Raj Comics creator Sanjay Gupta on @appurv_gupta's podcast, and feel like these characters will still resonate today.
Nagraj, Dhruv, Doga, Parmanu, Shakti, Bankelal & more.
Till 90s, there was a booming superhero comics scene in India with very local characters, traits, plots.
With internet, tight budgets, UGC boom - creators never made the transition (eg Mangas > Animes), and art faded with readers.
With AI, it's possible to bring them to life now.
If you ever do anything interesting/novel/original in life, they make sure you never see inside their company by being the worst pattern matchers of fitting perfect pegs.
No wonder every company culture ends up mediocre, and culture videos showcase everything except actual work.
Worst part of recruitment process is going through recruiters.
It's tragic that these female recruiters with no interest/expertise in the actual technology/product being built at companies always end up taking control of hiring and gatekeeping people who will actually build it.