Devi

As usual Indian media who are lackeys of the Indian govt are going to sweep this under the rug. An ordinary Indian, although raging inside, is scared of repercussions from this authoritarian govt. When this govt finally falls, it would have sucked all national resources dry.

@Kalshi Its been 46 minutes now.

JUST IN: Michael Burry says market is "minutes" away from big crash

This fake degree holder used to mock Nehru when the economy was doing well due to favourable macro climate and IT companies providing jobs due to cost arbitrage. Now he has put his hands up. Modi is not worthy enough to even tie Nehru’s shoelaces.

@lalitgrateful In the UK they probably buying in the suburbs. Your jaws will drop if you see the prices inside London. Bangalore infra and transport is so bad that people cannot buy in the suburbs. Its probably in the interest of the elite class since they own most of the prime property.

Bengaluru real estate is genuinely insane. A couple with two salaries couldn’t afford a flat in Bengaluru… but managed to buy a house in the UK instead. How did buying a home abroad become easier than buying one here?

There will be no AI jobpocalypse. The story that AI will lead to massive unemployment is stoking unnecessary fear. AI — like any other technology — does affect jobs, but telling overblown stories of large-scale unemployment is irresponsible and damaging. Let’s put a stop to it. I’ve expressed skepticism about the jobpocalypse in previous posts. I’m glad to see that the popular press is now pushing back on this narrative. The image below features some recent headlines. Software engineering is the sector most affected by AI tools, as coding agents race ahead. Yet hiring of software engineers remains strong! So while there are examples of AI taking away jobs, the trends strongly suggest the net job creation is vastly greater than the job destruction — just like earlier waves of technology. Further, despite all the exciting progress in AI, the U.S. unemployment rate remains a healthy 4.3%. Why is the AI jobpocalypse narrative so popular? For one thing, frontier AI labs have a strong incentive to tell stories that make AI technology sound more powerful. At their most extreme, they promote science-fiction scenarios of AI “taking over” and causing human extinction. If a technology can replace many employees, surely that technology must be very valuable! Also, a lot of SaaS software companies charge around $100-$1000 per user/year. But if an AI company can replace an employee who makes $100,000 — or make them 50% more productive — then charging even $10,000 starts to look reasonable. By anchoring not to typical SaaS prices but to salaries of employees, AI companies can charge a lot more. Additionally, businesses have a strong incentive to talk about layoffs as if they were caused by AI. After all, talking about how they’re using AI to be far more productive with fewer staff makes them look smart. This is a better message than admitting they overhired during the pandemic when capital was abundant due to low interest rates and a massive government financial stimulus. To be clear, I recognize that AI is causing a lot of people’s work to change. This is hard. This is stressful. (And to some, it can be fun.) I empathize with everyone affected. At the same time, this is very different from predicting a collapse of the job market. Societies are capable of telling themselves stories for years that have little basis in reality and lead to poor society-wide decision making. For example, fears over nuclear plant safety led to under-investment in nuclear power. Fears of the “population bomb” in the 1960s led countries to implement harsh policies to reduce their populations. And worries about dietary fat led governments to promote unhealthy high-sugar diets for decades. Now that mainstream media is openly skeptical about the jobpocalypse, I hope these stories will start to lose their teeth (much like fears of AI-driven human extinction have). Contrary to the predictions of an AI jobpocalypse, I predict the opposite: There will be an AI jobapalooza! AI will lead to a lot more good AI engineering jobs, and I’m also optimistic about the future of the overall job market. What AI engineers do will be different from traditional software engineering, and many of these jobs will be in businesses other than traditional large employers of developers. In non-AI roles, too, the skills needed will change because of AI. That makes this a good time to encourage more people to become proficient in AI, and make sure they’re ready for the different but plentiful jobs of the future! [Original text in The Batch newsletter.]

@CryptooIndia Oops

🇮🇳Breaking : Indian Rupee has fallen more than 10% against Pakistan, Bangladesh & Sri Lanka’s Currency since Jan 2025

This is one of the fundamental causes of the issues India is facing now. A lot of paper pushers with no original thinking. Our best startup ideas are delivery apps, youth with no sense of government accountability or rights, superstitions and hero worship - all stem from here.

In my opinion, all sorts of coaching centres should be banned in India. Children at an age when they are supposed to explore, develop their critical thinking, endeavour in creative works and pursuing their interests are crammed into unrealistic pressure and rote learning.

@sumitkbehal India fabricates numbers. Most data coming out of India seems fabricated and disassociated with the reality.

India and USA reported CPI inflation data today India somehow manages to report lower inflation than USA despite importing Crude Oil at $110 and facing an energy crisis CPI has to be the funniest metric out there

@KommawarSwapnil Ask bajrang dal to come to these offices.

Few companies are not even ready for Hybrid model. It is mandatory to come to office. Don't no when things will change atleast into hybrid model.

Inflation data affects everything - DA, salaries, factory wages, pensions. People with no sense of economics and education harp on the fabricated data by the government and throw this data on the critics. 80% Indians are Hindus, these fabrications affect these 80% the most.

People were looted on petrol prices for the last decade, the price was hiked to a high price and kept there so that there is no change in price, thereby fabricating inflation data. White collar workers need to understand that artificial low inflation data leads to low hikes.

I hope everyone now understands the dangers of “one nation, one election”. - can have a free hand to loot the nation for the rest of 4.75 years - only single day effort required to manipulate elections - can roam around the world for the rest of 4.75 years

Companies not declaring work from home for a year even after repeated appeals from our honourable PM should be declared anti-national.

UHNIs park some of their funds in arts, collectibles, Rolexes etc. Because they store so much value in very less space. If a crisis hits, they can easily take it to a new land. Average people think that banks and stocks are safe, but they are actually the easiest to freeze.

@mxtaverse A government whose only strategy is to tax will make any high flying economy collapse. But you cant expect more from someone whose main strategy is to divide the people in the name of religion.

Markets were at record high. LTCG tax was hiked to take benefit. FIIs dumped and never came back. Transactions were rising. STT was hiked to take benefit. Transactions went down.

Even if the work from home mandate kicks in the government and companies will find a way to mandate the employees to stay put in metro cities. Not sure what the euphoria among the employees is about. Most companies have an illogical rule of staying within the base location.

@RoshanKrRaii He is the leash.

I am confused, why is a US Ambassador so interested in India’s internal politics that he is flying to states from Delhi to attend oath ceremony of BJP Govt’s? What’s his deal?

FIIs sold a billion dollars today on the Indian stock market. Have you seen the barrage of “mutual fund sahi h” ads on TV? They want domestic funds so bad. So bad. If DIIs inflow stops, then India is headed for a disaster. FIIs is smart money, they dont care about nationalism

BJP apologists are purposely misleading gullible Indians that fuel prices in developed countries are higher. But they conveniently hide that those countries have GDP per capita of 10x, 20x or 40x of India. If looking at them then fuel prices in India should at least be half.

@lawrencekingyo It depends from person to person. Some people like using formal language and mannerisms and some dont, it depends on their upbringing, education, their convenience and personality; has nothing to do with intelligence or success.

The more successful a Man is, the less formal he speaks in emails and on phone calls Speaking like a corporate drone bot with the "kind regards", "circle back", ass kissing and all the over-the-top niceties Is for entry/low level dudes