GP
424 posts
🚨BREAKING: Two researchers from UPenn and Boston University just published a paper that should be uncomfortable reading for every CEO automating their workforce right now. The argument is straightforward. Every company replacing workers with AI is also eliminating its own future customers. Laid off workers stop spending. Enough of them stop spending and nobody can afford to buy anything. The companies that fired everyone end up selling into an economy with no purchasing power left. Every executive can see this. The math is not complicated. But here is why nobody stops. If you do not automate, your competitor does. They cut costs, lower prices, take your market share, and you collapse anyway. So every company automates knowing it is collectively destructive because the alternative is dying alone while everyone else survives. The researchers proved this is a Prisoner's Dilemma playing out in real time. The numbers are already moving. Block cut nearly half its 10,000 employees this year. Jack Dorsey said AI made those roles unnecessary and that within the next year the majority of companies will reach the same conclusion. Salesforce replaced 4,000 customer support agents with AI. Goldman Sachs deployed a coding tool that lets one engineer do the work of five. Over 100,000 tech workers were laid off in 2025 and AI was cited as the primary driver in more than half those cases. 80% of US workers hold jobs with tasks susceptible to AI automation. The researchers tested every proposed solution. Universal basic income does not change a single company's incentive to automate. Capital income taxes adjust profit levels but not the per-task decision to replace a human. Collective bargaining cannot hold because automating is always the dominant strategy. They also identified what they call a Red Queen effect. Better AI does not solve the problem, it accelerates it. Every company chases faster automation to gain market share over rivals but at the end everyone has automated equally, the gains cancel out, and the only thing left is more destroyed demand. The one thing the math says could work is a Pigouvian automation tax. A per-task charge that forces companies to account for the demand they destroy each time they replace a worker. The conclusion is that this is not a transfer of wealth from workers to owners. Both sides lose. Workers lose income. Companies lose customers. It is a deadweight loss with no market mechanism to stop it on its own. (Link in the comment)
94% of Indian immigrants with children are stably married, compared to 66% of white Americans. That is something they are doing right, not something you control away! This guy is holding it against Indians that their children grow up in stable families. Very conservative!
Open letter to Indians in America. -- Dear brothers and sisters from Bharat: Like I did 37 years ago, you arrived in America with no money but with a good education and cultural heritage from Bharat. You achieved outstanding success. America was good to us. For that we must remain grateful - gratitude is our Bharatiya way. Yet today, a significant number of Americans, may be not the majority but not too far from it either, believe that Indians "take away" American jobs and our success in America was unfairly earned. You may think the next election will fix this, but your choice would be between people who hate our Bharatiya civilisation and people who hate civilisation itself. That is the "hard right" vs "woke left" battle. You are mere bystanders to that conflict. Meanwhile there is one thing that is true now and will be true in the future: the respect Indians command world-wide will substantially depend on the fortunes of India herself. If India remains poor, the woke left will give us moral lectures with pity and the hard right, different moral lectures with scorn ("hellhole") and we must not confuse either with respect. Respect in today's world, along with prosperity and security, comes from one source: a nation's technological prowess. India produces sufficient brain power to achieve that prowess but alas we exported so much of that talent, particularly to America. As we develop that prowess in India, our civilisational strength will assert itself. As difficult as it is for many of you to contemplate this, please come back home. Bharat Mata needs your talent. Our vast youthful population needs the technology leadership you gained over the years to guide them towards prosperity. Let's do it with a missionary zeal. Respectfully Sridhar Vembu
The biggest IPO run in the history of the market three $1T+ companies. possibly all going public in the next 12 months. SpaceX IPO: $1.75T. OpenAI IPO: $1T Anthropic IPO: $1T we're living through the greatest technological wealth creation in history.
Open letter to Indians in America. -- Dear brothers and sisters from Bharat: Like I did 37 years ago, you arrived in America with no money but with a good education and cultural heritage from Bharat. You achieved outstanding success. America was good to us. For that we must remain grateful - gratitude is our Bharatiya way. Yet today, a significant number of Americans, may be not the majority but not too far from it either, believe that Indians "take away" American jobs and our success in America was unfairly earned. You may think the next election will fix this, but your choice would be between people who hate our Bharatiya civilisation and people who hate civilisation itself. That is the "hard right" vs "woke left" battle. You are mere bystanders to that conflict. Meanwhile there is one thing that is true now and will be true in the future: the respect Indians command world-wide will substantially depend on the fortunes of India herself. If India remains poor, the woke left will give us moral lectures with pity and the hard right, different moral lectures with scorn ("hellhole") and we must not confuse either with respect. Respect in today's world, along with prosperity and security, comes from one source: a nation's technological prowess. India produces sufficient brain power to achieve that prowess but alas we exported so much of that talent, particularly to America. As we develop that prowess in India, our civilisational strength will assert itself. As difficult as it is for many of you to contemplate this, please come back home. Bharat Mata needs your talent. Our vast youthful population needs the technology leadership you gained over the years to guide them towards prosperity. Let's do it with a missionary zeal. Respectfully Sridhar Vembu
🚨 Tamil Nadu has registered double-digit economic growth of 10.83% for FY26.
Hello Aravind, Saadar Pranam 🙏 Let me take this opportunity to educate you on how the constitution in the #Ambedkarite State of India works. A small thread - In India, a socialist ambedkarite state by #constitution, there is a process called Positive Discrimination. Using this process we, the people of India and its representatives, have decided that the better performing so called "forward" entities will help uplift the underperforming so called "backward" entities. So what we decided is that we will allocate resources from the state of India to these underperforming entities by taking it from the better performing entities, even if it means that they have to reluctantly sacrifice what they deserved. The pain of this #apartheid policy from state is supposed to be ignored for the forward entities. This is what we have established, learnt and accepted in the last 75 years. So now, using this as a premise, we designed the #Reservation ecosystem, #StateTaxdistribution, #Delimitation and several other polices. Southern states, especially #Tamilnadu, has been the greatest supporter of such policies when it came to reservations. So much that it went ahead and increased reservations to 69% whereas it was limited to only 49.5% in the rest of the country. The argument made was that this was on the basis of #population. Recently, #castecensus was conducted in Bihar and a resolution was passed to increase reservations based on the population and economic condition of all the castes. Here again, the entity with lesser population and better economy was asked to make the sacrifices. Their pain, social ostracization, systematic discrimination and state enforced apartheid was supposed to be ignored. They were told to suck it up. So, if TN is receiving less for what it contributes, We should not really care, simply because it is helping other states. Forward Category states are helping the backward category states. It is affirmative action after all. Infact, based on the calculation for state tax distribution, we should increase the burden on Tamilnadu by 39.39% (as they have done with reservations, since increasing reservations to 69% from 49.5% is a 39.39% increase). So since TN received ₹33 for every ₹100 it gave, it should be revised to ₹20 per ₹100 (a 39.39% decrease). It is only fair keeping in line with the policies made by #Tamilnadu government itself. You cannot be crying about state tax distribution unfairness while increasing reservation and enforcing state-enforced apartheid on the GC (General Category) and systematically enabling #discrimination. The only solution for TN here is - TN should roll back their 69% to 49.5%, propose a bill in parliament to get rid of the entire concept of reservation. Then, and only then we can take the whining of state tax distribution from TN seriously. Until then, like we tell the GC castes - Suck it up!! PS. oh yes, #delimitation is coming. Same premise. Jiski jitni sankhya bhari, uski utni hissedhari😆 #MeToo_UNless_UR_a_Jew Elon Musk's X Bin Laden Rajasthan #MadhyaPradesh Kashmir #Armenia #Congress The Economist #NarendraModi #TelanganaElection2023 #TheFruitsOfCalvary #விவசாயிக்கு_குண்டாஸ் Gavin Newsom #पेपरचोर_कांग्रेस गीता वेद #PragatiKavaliCongressRavali #JhoothKiRani Sanskrit सुधीर चौधरी Sanatani Puja Jay Shah Man City Global South
I stayed in India for 8 years after graduating. In those 8 years I ran a mildly successful startup, creating 70+ jobs, and a lot of taxes since we were profitable. My Whatsapp inbox from my teaching time is full of thousands of messages of people getting prestigious high paying tech jobs. After that as an engineering leader at various orgs, hired at least 50+ more people. Paid multiple crores of personal income tax as well. I did more than my fair share of creating employment, creating human capital and contributed enough to pay off my subsidised education (I’ll not deny I got more than good enough education both from school and university, both of which are partly paid for by the government) In those 8 years, of my closest 10 friends, slowly slowly I found 8 of them now have moved outside India. More than half my college group is outside. And eventually on the balance of things, it really started feeling like I’m getting the short end of the bargain and those others who left were getting a better deal in life. I had always assured myself that a) I can always go out whenever I want, I am here by choice b) I’ve consciously stuck to faster growth roles orgs but if I ever wanted to, I can go to big tech too Finally a switch clicked in the head saying if you’re so sure of (a) and (b) why don’t you really just go and see. You can always come back. In the long run I might be proven wrong (I’m aware of stories of one health scare or racism incident or ailing parents that pushes the pendulum back for many), but for now my lived experience only taught me exactly opposite of what Vembu has said below. In fact if 10 years ago I would have even slightly been convinced by the below tweet, today I’m convinced even less by it. From my perspective of the things I sought in life, the equation has only gotten worse not better.