[Thread] What important truth do very few people agree with you on?
This question is posed to you by Peter Thiel in his book "Zero to One"
My answer to this is:
We are in a big cycle where India will become everything great. Last 8 years have taught me that we are in the greatest momentum bet of this country's life time. So, don't rule out India.
Build in India. Invest in India. Believe in India.
There are many in this community that are complete nihilists and supremely bearish towards India's prospects. And let me tell you, for once in this country's history, being a complete maximalist on India is a bet that you will not regret.
There will be a new generation of millionaires and billionaires that will be minted on new industries. So keep hustling and this country will unleash great dividends for you and your legacy.
Talking product sense with Ridhi
9 min AI interview5 questions
100% Agree to each and every word. I keep saying on this platform that we have never been in this situation in the last 100 odd years. There is an opportunity to make a lots and lots of money in next 2 decades.
Hate towards the current ruling party and their ideology has led them to not believe whatever good is happening around.
Our mind and heart will believe whatever we tell them. Feed it truth, feed it positivity.
Indians killed quora with cringe questions. The same cringe is now surfacing on grapevine too.
To be fair, many Indians moved away from facebook and are now increasingly not using insta for the same reason.
In my childhood and youth, I used to believe with age will come wisdom and ability to ‘know’ things. Examples of these -
- my parents know best
- CEO knows better
- bureaucrats know better
- why isn’t x politician doing y - something so obvious to me (I know better)
What’s one learning that’s disappointed me - That no one really ‘knows’ anything and everyone is playing the game of odds. What seems obvious to me has so many second order effects that I haven’t thought deeply about.
The older I grow the lesser I know. The more I think the more I realise there is no black or white. You are mostly choosing to maximise or minimise something with probabilities.
Last para is deep. The more you know, the more you feel like you know nothing.
Yeah people talk about Dunning Kruger effect. The only way to learn (and not know) anything is going deep enough to argue on both sides.
Example - why are electoral bonds bad and why are electoral bonds good? How would you argue both sides out?
Unfortunately Indian education system doesn’t teach / encourage / appreciate critical thinking.
simply saying "India India" is not helpful, no country in the world grows overall and India won't.
looking at the situation I can say there will be only a few states, few areas, a section of society will grow.
because there are clear class differences and only few sections of society are getting resources to grow.
it's a typical case of a class teacher focusing on the toppers and not giving a shit about the backbenchers.
The question here is who will grow, which sector or section of society will grow, not everyone for sure.
True. Agreed. And these spectrum would've grown anywhere bcoz of their inherent nature
Even a blind man can see that wealth creation opps exist in India more than ever before. The markets are insanely overinflated though. Now try to make an actually unpopular opinion.
Like, I don't know, transformers and RAG aren't good enough to sustain the genAI hype right now.
I'm not agreeing with either of you, but that's a lame/ rude way to respond to a comment.
Unfortunately I ain't blind. Hence am not able to see the wealth creation opportunities here vs out there. Would really like data points to know more. Please do share why you think so
if you think indian baniyas lalas are going to create world class tech firms who can earn dollars you are mistaken . Zomato-reliance,adani arent earning dollars.
Dont fall for shit like infra boom . You can see how firms like megha engineering (electoral bond fame) mint money on infra boom and frankly infra is good but are becoming maximalist on it . just infra alone wont deliver dollar earning firms . this is just one example.
The fact is most of india is missing out on demographic dividend and govt. is busy in theaterics and less on delivery.
Hey OP, Would want to understand why you believe in this? Can you back this up with data? And back this up with future projections? Not to sound crude, but I am one of those who truly don't feel that great due to the political spectrum that's around. But I am all ears for you to give some good points. Who knows, I might jump ship with you and be optimistic regardless of the politics mayhem
I don't think many people will disagree.
The important truth that very few people will agree with me on is "AI is in a bubble and there's another funding winter coming in 2-3 years when AI runs out of resources"
You can never be more wrong unlike cash burning startups gen ai is actually minting money
Which is why I said this is an important truth I believe in which not many people will agree.
The physics doesn't sit right for me. The basic atomic unit can only handle 2 digits so to handle these many calculations you have to multiply the basic units to an unfathomable number to make these gen ai results useful.
Unless there is a breakthrough in analog AI models, I'm bearish on AI.
It's printing money because "AI is the future." AI is definitely in the future but right now it's at the stage where developer salaries were 2 years ago. AI winter is coming.