Indian Economics Thread II
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Learn to code they said to the miners and truck drivers...
AI is going to hit faster than a Chinese hypersonic missile...
It shall kinetically pierce the careers of most of the entitled pompous people way before they hear the sonic boom
I work in IT and already used ChatGPT to do in 5 minutes what would have taken me 2 days...
Call center people, esp in Indian, can forget about it
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It will another attempt to kill off support jobs, but i'll be honest with out people have been saying that for like almost 10 years now and with each AI leap forward. People just like to talk to real people, you get quickly annoyed after a bot goes herp derp from your 3rd question.
People get rightfully annoyed because the bot is sht.
ChatGPT is in another league compared to those bots. Expect in a few years that further development of large-scale language models (ChatGPT-like) to massively impact the customer support sector
India here is going to be in a bit of trouble when that tech matures
If AI can manage to answer three questions properly that'll still be a significant improvement over Indian call centres.
Any way for Chinese companies to get in on this action?As the Adani empire comes under siege following accusations of fraud from US short seller Hindenburg, its cash-generating infrastructure assets are providing comfort to some bondholders that group companies can service their debts. They will also be among those most coveted if the billionaire is forced to sell businesses.
“Those assets are real. The ports are there, the airports, the power plants, the railway lines, the mines,” said Amit Tandon, founder and managing director of Mumbai-based proxy advisory Institutional Investor Advisory Services.
“Ports is the prized asset,” remarked one Mumbai-based fund manager. Another pointed to Adani Transmission and the group’s airports as assets it “could sell easily”.
Two bankers close to the conglomerate said they thought sales were extremely unlikely, and one person familiar with the matter argued that for the Adani Group to “get into distress, its assets have to get into distress”.
But some analysts are less convinced. “If he had some common sense he’d sell some right away,” said a veteran international banker, who did not lend to Adani.
No way, India will just confiscate Chinese assets in India. This chive is only for western capitalists
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