"I don’t know why anyone thought the American left will be better for Hindus this time. They only got Hindu vote because the right was being retardedly racist. But left hates Hindus too"
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The racist right and the Marxist left are both intolerant dogmas, and very willing to use violence.
The racist right hating Hindus is well known. On the Marxist side, here is Karl Marx himself: "brought about a brutalizing worship of nature, exhibiting its degradation in the fact that man, the sovereign of nature, fell down on his knees in adoration of Kanuman, the monkey, and Sabbala, the cow.”
We also worship rivers and trees and snakes and birds, I would add.
The shared hatred of the Hindu is not an accident. Sanatana Dharma stands opposed to dogma. Our philosophers disagreed and debated with each other all the time and no one advocated killing the other for disagreeing. Hinduism as pratised today reflects that _philosophical_ diversity which the intolerant cults deem "pagan" or "primitive" or "barbaric".
Only the reverence for nature, which is at the core of Sanatana Dharma, can save the earth today.
The hard right thinks climate change is bogus. The hard left wants to usher in Marxism before anything can be done about climate change.
"For decades, young Chinese were promised a simple deal: Study hard. Get a good job. Become richer than your parents. That deal is breaking"
China is the factory of the world, has impressive technology capabilities across a vast array of sectors and runs a $1.2 trillion merchandise trade surplus and yet is not able to create jobs for a big cohort of her college-educated youth.
Approximately 70% of all unemployed individuals in the 20-to-24 age group hold university degrees in China.
Our modern educational and economic system around the world trains young people for "steady paycheck" jobs and those jobs are not just not growing, they are under serious challenge due to automation and AI.
This problem is about to get worse, not better.
What is the solution? Dramatic gains in entrepreneurship and self-employment. That has been the foundation of prosperity even in America all the way until the mid 20th century. The rise of the big industrial and corporate "steady paycheck" job is a relatively recent phenomenon. We have to move away from that model.
Policymakers in India must pay heed.
🚨 CHINA IS LOSING AN ENTIRE GENERATION
And the numbers are TERRIFYING.
For decades, young Chinese were promised a simple deal:
Study hard. Get a good job. Become richer than your parents.
That deal is breaking:
Youth unemployment for 16–24 year olds is now 18%.
For 25–29 year olds: 7.4%.
China’s overall urban unemployment rate: just 5.2%.
And 12.7 MILLION college graduates entered the job market this year.
A RECORD.
But here’s where it gets much worse.
China now has roughly 37 MILLION fewer urban jobs than it would have if the pre-COVID employment trend had continued.
One prominent Chinese economist estimates the REAL broader unemployment rate could already be around 10%.
That is nearly DOUBLE the official number.
And unemployment is only part of the crisis.
China’s property collapse destroyed millions of jobs across construction, real estate and everything connected to them.
Tech companies have been cutting staff.
And now AI is coming for the exact jobs young graduates need most.
Some of China’s biggest employers privately told the government that full AI adoption could eliminate 30% OR MORE of their existing jobs.
Think about that.
China already has millions of young people struggling to find work...
And the technology Beijing wants to dominate could eliminate even more entry-level jobs.
Meanwhile, the number of Chinese workers relying on temporary and gig work is exploding:
2025 → 280 MILLION
2026 → 320 MILLION
That is more than 40% of China’s workforce.
And this is where the economic problem becomes something much bigger.
Young people are delaying marriage.
They’re delaying children.
They’re moving back in with their parents.
Some are abandoning traditional careers completely.
Because why spend years studying, competing and working...
If the reward at the end keeps disappearing?
This is the part everyone should be paying attention to.
China spent decades building an economy where every generation expected to become richer than the one before it.
Now an entire generation is beginning to question whether that is still possible.
That creates a brutal feedback loop:
No stable job → less spending.
Less spending → weaker businesses.
No financial security → fewer marriages and children.
Fewer families → even weaker housing demand.
Weaker housing → more pressure on the economy.
And around it goes.
China’s biggest long-term problem may not be GDP growth.
It may be something much harder to fix:
AN ENTIRE GENERATION LOSING CONFIDENCE IN THE FUTURE.
Once that happens, cutting rates and printing money won’t solve everything.
Remember, I’ve been trading markets for over 15 years.
I follow what central banks, governments and the biggest institutions are doing in real time, and when I see something important developing, I’ll post it here publicly like I always do.
Turn notifications on.
If you’re not following yet, you’ll understand why that was a mistake later.
Lot of goodies in Arattai for the Diwali update!
And you can double tap on the Arattai logo top left to learn how to say "Arattai"!
I agree with Vivek. AI to assist most day to day work will move to the edge (we are not proving Navier-Stokes theorem daily!). Where does it leave massive data centers?
My advice to India, as I wrote in @htTweets , is to stay away from this insanity and let Silicon Valley’s bets turn to toast. Stay out of the toaster. hindustantimes.com/opinion/t…
Deepavali has come early to Zoho POS!
The first customer for any new product is special. When that customer is a sweet shop, it is even more special
We launched Zoho POS for Restaurants at Zoholics India, and Asha Sweets of Kolkata is our first customer. They started using it right during the busiest time of the year.
Our team visited the shop to see how they were using the product during the festive rush. It was exciting to see the product being used in a real business.
I want to wish all our customers, business owners and everyone celebrating a very happy and joyful Deepavali
As a Deepavali gift to small businesses, Zoho POS for Restaurants is completely free for outlets with annual billing below ₹12 lakhs.
Mukh mishti korun!
I remember the India of my childhood and it is amazing how far we have come. I see talent flowering everywhere. The best years are ahead!
🇮🇳 India lifted 496 million people out of poverty between 2011 and 2023, according to the World Bank’s October 2026 Poverty and Equity Brief.
• Extreme poverty (people living on less than $3 a day) fell from 27.1% to 2.6%
• People living below $4.20 a day fell from 57.7% to 16.1%
• India added 134 million jobs between 2017 and 2023
Thiru Saidai S Duraisamy Avl is a living example of politics as public service. He has offered practical solutions to social problems, defining the art of the possible.
Congratulations and best wishes to him.
Congratulations to former Chennai Mayor Thiru Saidai S. Duraisamy on his honorary D.Sc. from Sri Venkateswara University.
@narendramodi ji, @SaidaiDuraisamy avl deserves a Padma award. 🙏
His free Manidhanaeyam IAS Academy has helped over 40,000 poor youth into government service, including IAS and IPS officers.
Remembered for a clean administration as Mayor, he followed MGR's belief that education must never be a business, and has long campaigned for prohibition. In Oct 2024 he joined then Governor Thiru R.N. Ravi at the Sankarankoil rally calling for a drug-free Tamil Nadu.
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பெருநகர சென்னை முன்னாள் மேயர் திரு. சைதை சா. துரைசாமி அவர்களுக்கு ஸ்ரீ வெங்கடேஸ்வரா பல்கலைக்கழகம் வழங்கிய கவுரவ டாக்டர் பட்டத்திற்கு வாழ்த்துகள்.
மனிதநேயம் இலவச ஐஏஎஸ் அகாடமி மூலம் 40,000-க்கும் மேற்பட்ட ஏழை இளைஞர்களை ஐஏஎஸ், ஐபிஎஸ் உள்ளிட்ட அரசுப் பணிகளுக்கு உயர்த்தியவர்.
மாண்புமிகு பிரதமர் அவர்களே, இவருக்கு பத்ம விருது வழங்கி கவுரவிக்க வேண்டுகிறேன். 🙏
மேயராக நேர்மையான நிர்வாகத்திற்குப் பெயர் பெற்றவர். கல்வி ஒருபோதும் வியாபாரமாகக் கூடாது என்ற எம்.ஜி.ஆர் அவர்களின் கொள்கையைப் பின்பற்றியவர். மதுவிலக்குக்காக நீண்ட காலமாகக் குரல் கொடுத்து வருபவர். அக்டோபர் 2024-ல் சங்கரன்கோவிலில் நடைபெற்ற போதையில்லா தமிழ்நாடு பேரணியில் அப்போதைய ஆளுநர் திரு. ஆர்.என். ரவி அவர்களுடன் பங்கேற்றார்.
@AmitShah @AmitShahOffice @PMOIndia
"I Teach at a Business School, It's Time to Shut Them Down" says Prof Chris Marquis from the University of Cambridge Judge Business School.
I agree entirely and have been saying this for 2 decades. India would do well to close down business schools and focus on startup incubators. We need large scale startup formation and a lot of experimentation.
Any job performed on the computer has this risk now: one smart person using AI can perform the work of 10 people.
The risk is getting ever more real.
This does not mean 90% of people working on a computer will have no work at all.
Industries that previously could not afford to hire software engineers or digitial marketers could afford them now, for example.
What it does mean is a rebalancing across the economy and that is painful when we go through it.
The only thing we can do is to accept that it is coming and be prepared for it.
"modernist, pro-India, anti-woke, anti-socialist, anti-Dehat and post-religious?"
"Modernist and post-religious" produce demographic suicide. We are here because our ancestors had faith, no not the "spiritual but not religious" kind, I mean real faith.
And then AI, which ends our intellectual pretense. What is left that is truly human? I suggest Nature, Nurture, Culture and Scripture; the core of Sanatana Dharma is that all of these are connected.
Anyway I will make this prediction: religion will become even more important in the post-AI landscape.
"So, roughly, $0.70-75 of every dollar of AI spending right now comes from AI companies spending VC investment dollars"
As a rule, we have stayed away from monster-bets-on-other-people's-money approach to business.
We are investing in foundational R&D in AI but will await a less bubblicious time to invest in infrastructure.
1% of companies represent 90% of AI spending.
Of that 90%, 80% of this spend are from unprofitable VC backed companies.
So, roughly, $0.70-75 of every dollar of AI spending right now comes from AI companies spending VC investment dollars.
As a result, the revenue quality in AI is currently poor. This happened in previous cycles as well, like cloud when early users of AWS were mostly venture backed startups.
The thing, though, is that before AWS could scale and pull thru GCP and others as legitimate cash machines, there were a few clearing events to sort out these brittle revenues.
This is the extrapolation of Ken’s point. We will need to transition from speculative AI spending to consistent, reliable spend that shows up in public market earnings reports.
This hasn’t happened yet because most of the breathtaking revenue growth comes from LPs investing in VC funds who then send it to startups.
Until India develops, based on the talents of our own people, we will not find true respect in the world, no matter whether right, left or center is in charge anywhere.
The racist shows us a mirror and asks: "if your nation is smart, why do you want to come here". I do not hate him, I want to respond by building.
Some Indians agree with the racist and think India will never develop. I do not hate them either, I want to respond by building.
Companies and nations are built by people who believe it can be done.
The urgent national priority is to build, build and build.
Arattai has seen some nice updates recently. Check them out!
Arattai also comes with excellent meeting capability out of the box (separate from group calls) and it works nicely across mobile and desktop. Try it!
Do we want to live in a great nation or do we want to make the nation we live in great?
There is no correct answer and the answer determines what you do with life.
Fight the rising hatred against Indians in America.
Why the fuck are Indians hated so much? What have they done to deserve this level of hatred?
Have Indians promoted terrorism? Have they colonized your countries? Enslaved your people? Stolen your homes? Taken away your families? Kidnapped your children? What exactly have millions of ordinary Indians done to deserve this much racism and hostility?
Is it because they're educated, intelligent, ambitious, hardworking, and competing for the same jobs as you? Since when did intelligence and ambition become crimes? Since when did working hard to build a better life become a reason to be hated?
If your problem is job displacement, then why aren't you directing the same anger toward artificial intelligence?
Why not question AI? Why not question ChatGPT, Claude, Grok, Anthropic, OpenAI?
AI has the potential to displace far more jobs than Indian immigrants ever could. Yet somehow, the Indian engineer, the Indian student, the Indian doctor, and the Indian worker become your enemies.
Why? Because it's easier to target a human being with a different skin colour or accent than to confront the actual economic forces changing your world?
And understand one thing clearly.
If an Indian refuses to engage with your racism, if they ignore your insults, if they choose not to respond to your hatred, it doesn't mean they lack a spine.
It means your hatred isn't worth their time.
Indians don't owe you an apology for being educated, ambitious, hardworking, successful, or simply existing.
Being Indian is not a crime. Being successful is not a crime. And your insecurity is not a justification for racism.
From Airtable, a Saas competitor: "Today we’re laying off a large part of the Airtable team.
This is not a reflection of their work but a reflection of our deep belief that small teams ship more and better."
This is normal in Saas. This is what we have refused to do.
When AI productivity enables smaller teams, we retrain people to deploy on new products or helping customers better.
Our business is growing but there is a lot of pressure on the cost side (data center and AI costs). We have chosen a different approach than VC-funded and public companies.
We will see in 2030.
Today we’re laying off a large part of the Airtable team.
This is not a reflection of their work but a reflection of our deep belief that small teams ship more and better.
For Airtable, better is about to look like:
- A new Core team shipping your top requests monthly (already 30+ shipped in 3 weeks)
- Upgraded Omni, Airtable Canvas, a stronger MCP, and BYO agents, coming soon
- New Performance and Infra teams focusing on speeding up bases and increasing limits on records, fields, and syncs
To everyone leaving: thank you. If you’re hiring, these are excellent people and worth a call.
As of today, AI led productivity gain in software development estimates are (at best) 25% to 50% as measured on an end to end product basis (prototyping is much much faster now but finished product requires a lot more human work).
A 10x or 100x productivity leap could happen (I believe it will happen, see below) but it has not happened _yet_.
The _current_ challenge posed by AI:
a) server/memory and hardware prices are way up (4-5x in a year for servers) driven by the monster AI data center build out.
b) AI token spending per engineer is way up (those productivity gains are costly!)
c) Hosting open weight models needs expensive GPUs.
So we have revenue growth but costs have grown much much faster.
Layered on top of that is the geopolitical uncertainty. As one example, the Middle East is a major market and the prolonged war is not good.
The US stock market is in a monster bubble and it is a mistake to think of stock prices as indicative of future prosperity - the GFC of 2008-9, dotcom bust of 2001-2 as wall as the 1980s Japan bubble all demonstrate that point.
Now the 10x productivity leap in software. I believe it is coming because of what is happening in the mathematics world. The crucial link is auto-formalization, or formal verification of code. Mathematics theorems are formalized in Lean and proofs are verified by the Lean verifier - Lean is a programming language.
LLMs do not verify the proof, they generate it to be verified by the Lean verifier and once you have the advanced reasoning capable LLM and Lean verifier in a feedback loop and give plenty of compute, magic happens.
That formal automated verification mechanism is coming to LLM generated software. That is the basis of the 10x or 100x prediction. The analogy is handloom weaving vs powerful machine looms of code.
So it is the combination of current data center/AI costs, geopolitical uncertainty and the potential of a 10x or bigger leap in software productivity driven by advances in automatic program verification. These are all challenges to software jobs, and that is why we have called for reinvention internally.