Indian Economics Thread II

[azn_cyniq]

Top5 exporters of Semiconductor Devices 2022:

1. China = (29%)
2. Japan = (19%)
3. Malaysia (15%)
4. Germany (11%)
5. Taipei (10%)
...
...
...
144. India (0.00019%)

Source? I wasn't aware that China exported that many semiconductor devices

 

[coolieno99]

Source? I wasn't aware that China exported that many semiconductor devices

The info was posted in the comment section of a YouTube video. I went back to the video to look for the commentor's source . But the whole video was removed by YouTube. Apparently too many people were insulted by the video. It's probably better for the moderator to remove the above posting about the Top 5 exporters of Semiconductor Devices.

 

[xypher]

Source? I wasn't aware that China exported that many semiconductor devices

"Semiconductor devices" probably includes electronics, which explains everything.

 

[mossen]

62% of the top 100 scorers on the IIT entrance exam are outside of India eight years after graduation. For the top 10 scorers, it's even higher. 80% are now outside India.

https://twitter.com/i/web/status/1666499415144538116

This tallies well with findings of AIIMS graduates, the top medical institutions in India. Sort of like IIT for medicine. More than half of graduates moved abroad.

Please, Log in or Register to view URLs content!

This AIIMS study is older but what's notable is that nothing has changed since the newer IIT study looked at migration for those who graduated in the 2010s. Elite migration from India is extremely high.

So when you hear Indian diaspora people call themselves "middle-class", understand you're talking to someone from the top 1% elite of India. These people aren't "middle-class" and they sure as hell aren't representative of their country.

 

[luminary]

https://www.reddit.com/r/karnataka/comments/145p5sq

 

[Chevalier]

what can India do to overtake the world with AI at a fraction of the cost?
american AI pioneer: forget about it, never happen.
cue media brouhaha since Sam Altman responded with the honesty of an autistic savant and had to follow up with his PR written tweet:

https://twitter.com/i/web/status/1667475932934983680

what can India do to even be respected as an AI superpower? Simply create a front end facade website and port it to the real AI algorithms hosted by China and the U.S.

 

[siegecrossbow]

Jai Hind!

Please, Log in or Register to view URLs content!

 

[coolieno99]

Looks like Apple changes its mind and try to return to China.
I wonder how the Indians start a fire in an electronics production line.

 

[proelite]

Looks like Apple changes its mind and try to return to China.
I wonder how the Indians start a fire in an electronics production line.

Doesn't matter, it's still a none-Chinese company leveraging Chinese labor to sell to the Chinese market.

 

[siegecrossbow]

Please, Log in or Register to view URLs content!

Altman: "The way this works is, we're going to tell you. It's totally hopeless to compete with us on training foundation models. You shouldn't try, and it's your job to like trying anyway. And I believe both of those things. I think it is pretty hopeless."

Challenge Accepted:

Judging by social media responses, most Indians reacted angrily to Altman's negative remarks. They accused him of "arrogance". Others saw his statement as a challenge and responded by accepting the challenge.

Tech Mahindra CEO CP Gurnani said he accepts the challenge. “OpenAI founder Sam Altman said it's pretty hopeless for Indian companies to try and compete with them. Dear Sam Altman, from one CEO to another...CHALLENGE ACCEPTED,” tweeted Gurnani.

Altman in China:

Altman is also

Please, Log in or Register to view URLs content!

this week. “China has some of the best AI talent in the world and fundamentally, given the difficulties in solving alignment for advanced AI systems, this requires the best minds from around the world,” Altman told participants at the event hosted by the Beijing Academy of Artificial Intelligence.