Gaandu(aana)GPT

When the present determines the future but the approximate present does not approximately determine the future.

[Satya Nadella @satyanadella]

https://t.co/xv6csf1SbV

[Gaandu(aana)GPT @socratesmodern]

Capitalism rewards visibility

[‏ً @omgsidewalks]

Actually, if capitalism truly rewarded skill or intelligence, the richest people would be neurosurgeons, engineers, and scientists.

If it rewarded talent, it would be artists,
writers, and creators.

If it rewarded hard work, it would be cleaners, laborers, and service workers.

But it's none of them.

[Nooresh Merani @nooreshtech]

I just hope that the data of rajesh exports is not recorded in Indian Export data.

[Lalit Rathi - LKR @lalitinvestor]

My mind is blown away reading the 109 page SEBI order on Rajesh Exports… not that its surprising given some in last few yrs had called it a fraud but shocked on the size of it and how a Rs 3,000 crore market cap company may potentially be heading towards ZERO.! 😲

This is not a normal accounting issue. This is SEBI practically alleging that out of nearly Rs 15.45 lakh crore consolidated revenue reported over 5 years, close to Rs 15.15 lakh crore revenue itself may have been misrepresented. Yes, you read it right - lakh crore.

And the most shocking part?
The core operating subsidiary, Valcambi SA, whose numbers supposedly drove the entire global scale of the group, reportedly showed only a few hundred crores of standalone revenue annually in audited Swiss accounts. Meanwhile, the holding structure above it magically showed revenues running into several lakh crores.

SEBI’s allegation is brutally simple in layman terms: A refining business which allegedly earned only processing charges/value addition was shown at group level as if the company owned and traded the entire value of gold flowing through the system.

Imagine a toll booth operator claiming ownership of every car crossing the highway and booking the value of all cars as its own revenue. That is broadly what SEBI is questioning here.

The order repeatedly mentions:
• No proper invoices
• No customer/vendor level breakup
• No ERP access
• No journal dumps
• No confirmations
• Missing subsidiary financials
• “Swiss confidentiality laws” being cited to deny information

SEBI has also highlighted that even the forensic auditor BDO India faced severe non cooperation.

What makes this even more serious is that this is an ex parte interim order. Meaning SEBI has passed the order based on its own investigation and material gathered, without relying on cooperation from the company side. Regulators generally do not go this aggressive unless they believe the findings are extremely serious.

The statutory auditor named in the order is BSD & Co, a mid sized Bengaluru based audit firm along with P V Ramana Reddy & Co. SEBI has specifically mentioned non submission of working papers and missing subsidiary records.

Another fascinating angle:
The annual reports reportedly show borrowings of around Rs 1,000 crore, but there is very limited clarity on which banks gave these loans and against what underlying audited cash flows.

This may go down as one of the most dramatic accounting fraud allegations ever seen in Indian capital markets post Satyam..

If even a fraction of SEBI’s findings sustain, this is not just a corporate governance failure. This is a complete collapse of reported financial reality.

Absolutely insane reading.!

You can read the order here - https://t.co/RWP594BT2r

#Rajeshexports

[Katherine Argent @effthealgorithm]

Search is full of ads and wrong answers. Every other email is an ad. Prime Video charges you and shows ads. Paramount? Ads. Peacock? YouTube? Hulu? Ads followed by more ads. Netflix full of ads. Meta and X, every other thing is an ad. Pinterest is nothing but ads. AI is in everything. AI finishes sentences incorrectly and won’t stop. AI reads your email and search history to target you with more ads. Every time you open an app or visit a site there’s an update making it worse. In a hurry? First, click here to agree to terms you don’t have time to read and must accept. You need an account to do that. Change your temporary password. Enter your 2FA code. Check your email and enter that code. Now use a passkey. Your password is too simple to remember. Change it. No, not like that. Now log on. Enter your 2FA code. Check your email for a code… Welcome back! We’ve updated our terms of service and privacy policy (you have none). Subscribe to the site. Subscribe to Netflix. Subscribe to toilet paper. Subscribe to these groceries. Pay a membership fee for the right to subscribe then tip your driver who delivers the subscriptions your membership lets you subscribe to. Time to work? We’ve got to update your laptop and will slow down everything you do until you agree to update. But first, click here to agree. Update installed — your laptop’s broken now. It doesn’t matter, since your boss just replaced you with AI. Go to your phone to complain on social media. Wait, your phone needs an update so we can add more AI. Click here. Oh sorry, your phone can’t handle this update. Now it’s useless. Go get the newest phone. Here’s a text from a friend, an email, a voice mail they left three days ago but you didn’t see until now because of sync problems with the cloud. It’s their GoFundMe. Their MLM. Their Patreon. Never mind, you didn’t respond to their text within 9 minutes and now you’re no longer friends. They blocked you. Make new friends. Download this app to find people in your area. In your neighborhood. On your street. Two doors down from you. Do you know this person yet, we think you’d get along. You need an account to use this app. That username is taken. Enter a password. Not that one, you used it on another site. You need to be connected to WiFi to download the app. Allow the app to connect to other devices on your network. Allow the app to access your contacts, know your precise location, store your credit card details. Oops, sorry, we got hacked now all that info is available on the web. There’s a class action suit. You can join. It’ll take a decade to get your $3.73 share of the ten billion settlement. We’ll send it via PayPal or deposit it to your bank, just tell us those details. Oh no, another hack. That info is circulating now, too. Here’s a spam call, a spam email, a spam text. Why are you angry? Why are you talking about getting rid of your phone? Why don’t you like AI, it lets us make all of this easier? Do you know how ridiculous that sounds? This is progress. You’ll be left behind. Do you want to be left behind? Do you???

[Chandra R. Srikanth @chandrarsrikant]

🚨India loses all spots in world's top 100 companies as equity crash bites

For the first time in years, not a single Indian company figures among the world's top 100 listed firms by market capitalisation , a measure of how deeply and relentlessly the selloff in domestic equities has cut.

Reliance Industries, the country's most valued firm, has slipped to around 106th globally from 57th at the start of 2025 and 73rd at the start of 2026. HDFC Bank, India's most valued lender, now ranks 190th, down from 97th at the start of 2025.

Bharti Airtel stands at 202nd, falling from 164th at the start of 2026. ICICI Bank and State Bank of India have dropped to 274th and 276th respectively, from 215th and 231st at the start of 2026.

The decline has been sharpest among India's top technology stocks. TCS, the country's largest software exporter, has seen the steepest fall, with its global rank dropping to 314th from 84th at the start of 2025 and 171st at the start of 2026.

Infosys, India's second largest IT firm, now ranks 590th, down from 198th at the start of 2025 and 330th at the start of 2026. ITC has slipped to 702nd from 296th and 466th at the start of 2025 and 2026 respectively.

By @rravindia

https://t.co/YgZPFg4Wut

[Smita Barooah @smitabarooah]

The quiet grief of adult friendship: One of the most beautiful articles I've read in a while. Hits hard
https://t.co/qXi6UBaTs3

[Alex Yablon @AlexYablon]

LLMs will always sound like millennials because no subsequent generation will be literate enough to produce much training text

[Gaandu(aana)GPT @socratesmodern]

@WhistleKuPodu @imranhindu @grok Who’s the reason for this conundrum

[meatball times @meatballtimes]

hiring is impossible BECAUSE it's so easy to apply

finding a relationship is impossible BECAUSE new dates are a swipe away

getting into university is hard BECAUSE you can CommonApp apply to 50 at once

convenience is washing away friction that actually carried a lot of signal

[Gaandu(aana)GPT @socratesmodern]

@DeadCaitBounce @MehHarshil @ssathyajith

[Gaandu(aana)GPT @socratesmodern]

@BhaavnaArora @grok , Do we have nationwide categorical data on adulteration?

[Reads with Ravi @readswithravi]

This paragraph from Carl Jung hits so hard.

“The world is full of people suffering from the effects of their own unlived life. They become bitter, critical, or rigid, not because the world is cruel to them, but because they have betrayed their own inner possibilities. The artist who never makes art becomes cynical about those who do. The lover who never risks loving mocks romance. The thinker who never commits to a philosophy sneers at belief itself. And yet, all of them suffer, because deep down they know: the life they mock is the life they were meant to live.”

[IT Unprofessional @it_unprofession]

I'm pretty sure everyone at my company saw this article and now they all think we're in an AI crisis.

We're not in an AI crisis. We use Claude to summarize Slack threads.

But here's what's actually interesting: this whole panic reveals something nobody wants to admit.

Every company in America has been bullshitting about their "AI strategy" for two years.

We all saw the hype. We all knew we had to say something. So we rebranded our existing automation as "AI-powered" and called it a day.

My company isn't special. We're all doing the same thing.

The problem is now the executives actually believe their own bullshit. They think we have "significant AI exposure" because they've been telling investors we're "AI-first."

I just got pulled into an emergency meeting. Six executives asking me to explain our "AI dependency matrix."

There is no AI dependency matrix.

There's Claude for meeting summaries, there's some sentiment analysis in our support tickets that came free with Zendesk, and there's whatever Gmail is doing when it autocompletes my sentences.

But I can't say that in a room full of people who told their boards we're "transforming the business through AI."

So I said we have "distributed AI touchpoints across multiple vendors with no single point of failure."

Which is technically true. We use a bunch of different services that all have AI features we mostly ignore.

The CFO asked if we should "hedge our AI exposure."

I have no idea what that means. Neither does he.

What am I going to do: nothing. Because in three weeks, Anthropic will say something reassuring, the stocks will recover, and everyone will forget this happened.

But I'll have documentation showing I recommended a "risk assessment" that mysteriously never got prioritized.

The funniest part is that half these executives probably don't even know what Anthropic is. They just saw "AI" and "crash" in the same headline.

We're all pretending. The whole industry is pretending.

And articles like this just remind everyone how fragile the pretending is.

[Gaandu(aana)GPT @socratesmodern]

@vigneshmani1512 @IndianTechGuide @grok @vigneshmani1512 - 4 trillion dollar economy la Intha kelvi lam ketka koodathu 😂

[Ali Ansari @aliansarinik]

https://t.co/lPl6ove4sO

[sysls @systematicls]

https://t.co/FQe5bCBqW1

[Jaya Gupta @JayaGup10]

https://t.co/uPXcTUEsnc

[Peter Girnus 🦅 @gothburz]

The company hired me to lead their "Agile Transformation."
I don't know what Agile means.
Nobody does.
That's why it works.

I make $425,000 a year.
To move sticky notes.
From left to right.
On a board.
The board is digital now.
The sticky notes cost $80,000 in Jira licenses.
Progress.

Day one, I said "we need to break down silos."
Everyone nodded.
Silos are bad.
I don't know why.
But destroying them is a career.
My career.

I introduced "squads."
Squads are teams.
But disrupted.
We disrupted the teams into teams.
Different names.
Same people.
Same problems.
But Agile problems now.
Agile problems are strategic.

A senior engineer asked what we're actually changing.
I said, "The mindset."
He asked what that means.
I said, "It's a journey."
He asked where we're going.
I said, "Toward agility."
He asked what agility means.
I pointed at the sticky notes.
They were moving left to right.
That's velocity.
We have velocity now.

The VP of Engineering said two-week sprints don't fit their work.
I said, "That's waterfall thinking."
Waterfall is bad.
Like silos.
I don't know what waterfall is.
But I know it's bad.
She stopped talking.
Waterfall accusations end conversations.

We had a retrospective.
In the retro, we discussed what went wrong.
Everything went wrong.
We put it on sticky notes.
Then we moved the sticky notes.
Into a column called "Parking Lot."
The Parking Lot is where problems go to die.
It's full.
We don't look at it.
That's agile.

Velocity is up 40%.
I defined velocity.
I also defined the points.
I also defined the stories.
We're crushing it.
At the things I made up.
To measure.
Ourselves.

The CEO asked for ROI.
I showed a chart.
The chart went up.
Charts should go up.
This one did.
I didn't label the Y-axis.
Nobody asked.
Leadership is confidence.

We do standups now.
Every day.
We stand.
For 45 minutes.
Standing is agile.
Sitting is waterfall.
My legs hurt.
But we're transforming.

The transformation is now "Phase 3."
Phase 1 was assessment.
Phase 2 was implementation.
Phase 3 is "continuous improvement."
Continuous means forever.
Forever means job security.
I'm very secure.

My contract was extended.
Three more years.
For "cultural impact."
The culture is confused.
But impacted.

Agile transformation isn't about being agile.
It's about transforming.
Continuously.
Toward more transformation.
The destination is the journey.
The journey is billable.

[Nissim Mannathukkaren @nmannathukkaren]

My article in @TheHindu on Dhurandhar: