
Dev Patel
@devpatelx6
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Quant Research Analyst | Personal Views, Not Recommendations| Gujarat 🏀 I live with an ambition to serve society & humanity with moral & entrepreneurial means
Rajkot/Bombay📍
Joined April 2021
You're an AI Company only if you have GPUs, otherwise it's a wrapper. Let that sink in.
India has around 5,000 H100 GPUs in total. Elon Musk alone has 150,000. Let that sink in. We're not just behind in the AI race; we're not even on the track. At this rate, only a miracle can pull us back into the game. And if we lose this race now, forget about catching up.
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Yet, Index funds outperform 90%-95% fund managers globally in the long term. > Expense ratio of an actively managed fund is 5-10 times more than an Index/Passive Fund.
The entire generation has been brainwashed to believe that investing 5,000 rupees into index fund will make them rich at the age of 60.
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This makes me think about the consumer behaviour, location, demographics, adaptivity of consumers towards using AI Agents. For someone living in SF wanting to use AI Agent to discover nearby trails to trek makes sense because of basic sound infrastructure and tech friendly people.
Is there a good map-based AI agent app that tells me everything relevant to me and what I’m doing nearby to where I am at the moment? Especially interesting for travel.
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Mumbai and Thane combined has a total Unsold Inventory of more than 5 lakh units, as per 1 Finance Research . Yes, the developers have understood and have adapted to the unsold inventory climbing, by keeping the new units launched at only 1% growth since Covid .@VishalBhargava5
I wrote in 2022 that Mumbai real estate is going to see sharp oversupply. Now it seems even I had underestimated the oversupply. The Positive thing is builders are adapting and not many are in denial. Discounts are here and will intensify even more. Mumbai is Lower Parelised.
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When in doubt, zoom out. Try to see the bigger picture, not just in Bitcoin, but in life as well. As @naval says, true wisdom is knowing the long-term consequences of your actions.
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Such technology has always been adopted by early adopters, often seeking privacy or anonymity. Even credit cards were earlier adopted by men to subscribe to porn channels so their wives couldn't read the transactions on bank statements.
JUST IN: 🇺🇸 Congressman Brad Sherman says Bitcoin & crypto is the perfect tool for "drug dealers and tax evaders."
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Just made my first background agent on @bhindiai for Macroeconomic and Geopolitical updates. Let's see how well it does, 10 mins to go!.Will post what bhindi cooks!
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> The rich pay the most tax but get poor roads, infra & security, so they find loopholes. > The salaried middle class can't escape tax and feels the most pain. > These vendors don't wanna pay tax, yet expect gov welfare schemes and free cash. GST notices are served above ₹40L.
#Bengaluru, once a digital payment leader, is seeing a shift back to cash transactions as small vendors, facing #GST notices and potential harassment over #UPI data, are avoiding digital payments. Read more 🔗 #DigitalPayments #Cash #Karnataka
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this is not a joke,. you'll be able to bank on people very soon via tokens and blockchain. a lot of noise in the market at the moment, and this will sound ponzi too, but banking on people's career, networth etc is soon going to be a reality.
Imagine if you could buy equity in people’s careers like you can in startups . Get a cut of the signing bonus every time your AI researcher joins a new company.
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