You decide: am I a socialist to focus on the most important asset of any company - their own people and their well being?
Take Nvidia and AMD. Ultimately they triumphed due to their engineers and crucially the engineers that stayed long term to work on deep tech. Their CEOs are from Taiwan.
Now Taiwan itself has built incredible deep tech companies like TSMC, following a similar approach to talent - and Taiwan has about the same population as Sri Lanka.
That is how real capital building works: take care of your employees, your most valuable asset and build long term successful companies.
Intel took care of Wall Street instead, and they have lost comprehensively to TSMC, AMD and Nvidia. And now they have lost Wall Street as well.
It is a perversion of the English language that we think of the late stage hedge fund and PE driven financialism as "capitalism".
Capitalism needs capitalists - people who own and risk their own capital. What we have today in America is "we bet other people's money and if we win we keep a lot of the gains and if we lose we run to the Fed to bail us out and we cheer on the Fed to keep asset valuations high so we can cash out our financial instruments - never ever let the stock market down and whatever happens CEOs should be paid 500x average employee wages!"
Does that sound like capitalism to you? That is the system the US has practised for decades now. Even more of it is going to drive the country to a civil war.
Take the bailout of Silicon Valley bank last year. A lot of tech entrepreneurs cheered that on. They suddenly forgot "capitalism".
Should India import this system? Refusing to do that is "socialism"?
So please don't lecture me on "socialism". Practise some real capitalism first - take care of your people well.
That is also our Dharma 🙏
ನಿಮ್ಮೆಲ್ಲರಿಗೂ ಕನ್ನಡ ರಾಜ್ಯೋತ್ಸವದ ಶುಭಾಶಗಳು!!
ಈ ರಾಜ್ಯೋತ್ಸವಕ್ಕೆ ನಾನು ತ್ರಿಪದಿ ಛಂದಸ್ಸಿನಲ್ಲಿ ಒಂದು ಪದ್ಯವನ್ನು ಬರೆದಿದ್ದೇನೆ. ಈ ಪದ್ಯವನ್ನು ಪರಿಶೀಲಿಸಿ ಇದರಲ್ಲಿದ್ದ ಕುಂದು ಕೊರತೆಗಳನ್ನು ನಿವಾರಿಸಿದಕ್ಕೆ @KShrikaanth ಅವರಿಗೆ ನನ್ನ ಧನ್ಯವಾದಗಳು 🙏🏼
“[Mom:] Why did I put you in army?
This time you didnt come on #Diwali,
Didnt come for sis’ wedding.
Atleast come this Diwali,
Seems you’ve wife there.
[Son:] All day, ammunition rounds screach in ears,
Our Diwali is everyday at border.”
Proud to be #Sikh
BREAKING NEWS
The Royal Swedish Academy of Sciences has decided to award the 2024 #NobelPrize in Physics to John J. Hopfield and Geoffrey E. Hinton “for foundational discoveries and inventions that enable machine learning with artificial neural networks.”
2024 physics laureate Geoffrey Hinton used a network developed by his co-laureate John Hopfield as the foundation for a new network: the Boltzmann machine. This can learn to recognise characteristic elements in a given type of data.
The Boltzmann machine can be used to classify images or create new examples of the type of pattern on which it was trained. Hinton has built upon this work, helping initiate the current explosive development of machine learning.
#NobelPrize
UPDATE : Malvinder uncle finally got possession of his own house today that had been illegally occupied by former resident doctor of AIIMS Delhi @drmanaliagarwa1
◾She didn't pay him rent for 1.5 year
◾She has left maintenance dues of 43K
◾She left the house months back but just to harass uncle further, she put her own locks on his house
◾She didn't appear on the court dates even once
◾Uncle has incurred loss of Lacs though he gave a well furnished home to this lady living in which she completed her entire residentship
◾Public Toilets are in better condition than condition she left his house in
For last 8 months I was with uncle in this fight of his and today he had tears of happiness in his eyes
For last few weeks I was constantly following up with authorities to finally make this day happen
TODAY IT HAPPENED 🥹
ICICI showing extreme desperation to get delisted.
Why is this wrong?
- Privacy - it's simply not OK to send bank RMs at doorsteps of minority shareholders;
- Force - they aren't just canvassing for votes, they're pressurizing to vote FOR & show the vote screenshot
4/ The Greatest Minds and Ideas of All Time
One of the best books I have read. More than the list, it was the method of arriving at the list that was enchanting.
https://t.co/0FtgAaO4XY
2/ God, Human, Animal, Machine: Technology, Metaphor, and the Search for Meaning
I don't even know how I landed up with this book - but it was clearly the surprise of this year.
Fascinating take on how technology and consciousness are (?) overlapping.
https://t.co/1DiTZcQzb4
Gurudwara Bangla Sahib was originally Bangla (palace) of great Hindu King Raja Jai Singh.
When Aurangzeb summoned 6 year old Sikh Guru Har Krishan, Jai Singh protected the Guru & offered him residence here. He donated Bangla to Sikhs.
How Hindus protected & nurtured Sikhi🧵
@HDFC_Bank I am not being allowed to apply for RUPAY credit card online but instead being forced to get others pls help I have sent DM to cares but no response
“Europe, United States.. so many other countries have faster way to citizenship. Why single out CAA in India? Where else do the Hindus go? Let US ambassador come, pyar se samjha denge”
Dr. S. Jaishankar 👏
1/6
Pls read complete thread. 🙏
This misleading report which claims India lost access to 26 PATROLLING POINTS along #LAC will hurt Indian PM #Modi a lot more than #BBC PROPAGANDA.
Everyone who read it, believed it‼️
Theres no way to VERIFY THIS.👎
Here’s the reality:
500 copies preordered in just 50 mins of broadcast!
We are happy to bring out this calendar putting together some of the finest sculptures of the Chola temples of Tamil Nadu along with emotionally rich verses from Classical Sanskrit Literature
Buy from https://t.co/guRo5wuKAu