Then wait till the end this AI bubble 😄 or us some tech founder so ur saying that ☺️

Software Developer

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Software Engineer

Strategy & Operations

Program Manager

Consultant

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99% of AI companies

Product Manager

99% of AI companies- Grapevine

Most AI startups

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Why India lags behind in AI

We’ll be able to move mountains once we stop obsessing with IITians. They work their asses off to get into IITs to get high paying jobs, it’s as simple as that. Train tier-2,3 college students who have nothing to lose. You’ll achieve 100x more optimal results with 100x less investment.

Product Designer

Product Owner

There are multiple companies worldwide leading the forefront of AI, with inovative strides in GPTs, Multi Agent models, GANs etc. However, most Indian AI startups are not working on the cutting edge. Rather, most of them are building wrappers around GPT-4 for a consumer experience.

With the lack of any meaningful innovation within this space, is it unreasonable for Indian founders to raise on similar multiples as our counterparts in the west?

Because honestly? I can see a lot of "crypto-nerd" founders shilling the new oil called "AI" after their previous NFT/crypto/ICO-crap didn't float.

[Thread] Will AI in India be the next Crypto?

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What would happen to all the AI startups that are raising massive rounds at insane valuations once OpenAI improves GPT-4 (some spicy rumours are going around) or comes up with GPT-5?

Most of these "AI" startups are just a wrapper around these existing, capable LLMs. Better versions of these LLMs would start generalising more and doing those specific functions done by these startups much better.

Future of GPT-wrapper "AI" startups

AI is unlike any other past technology revolution. It is going to make cost of intelligence trending toward zero. 

Going by exponential curve of AI growth, in next 3-4 years, we are going to have an AI model which can code better than 95% of coders... 

Deep mind already has model Alphacode which can code better than 50% of competitive coders. 

People are living in fool's paradise by thinking that AI will create massive amount of job.... 

It won't because it will make cost of intelligence near to zero making coding, analyst, consultant, product management job redundant.... 

What takes 100 coders to build a product won't take more 10 coders in few years from now...

Crisis coming for White collar job

Apart from model makers, which AI startup (or sector) do you think will succeed?

Which AI startup will succeed

VC funding based on revenue multiples and profit (😂😂😂) multiples is soon going to be obsolete. 

Common sense says company's valuation should be summation of yearly profits it can generate till the company exists... 

So if reliance has profit of 8 billion $ , market estimates that it's valuation should be around 25x multiple of its profit that is to say that if reliance keeps on generating same amount of profit for year on year, it will not exist after 25 years.

Now tell me, what shelf live does these VC funded startup have?

I honestly don't see all these tom dick and Harry mobile based and web based startups existing by end of this decade thanks to AI revolution.

People are still oblivion to what AI will do to white collar jobs 



Just out of curiosity, is there any single VC funded Indian startup in last 10-15 years which is immensely profitable ? 

Or for that matter any global giants like Amazon, Uber, Airbnb etc. which has turned profitable in Indian territory?

Future of VC funded mobile and web based startups

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It shows a lot of possibilities for sure. But do you see its capabilities causing negative outcomes?

Do you see any negative outcome from ChatGPT?

Content Strategist

Keep reading news of mass scale layoffs due to AI. Just curious to know. What are companies actually doing with AI? Which products have they built/building, which roles are being replaced, are there are functions or departments which have become redundant?

Do you have first hand knowledge of AI actually replacing someone/something?

What are companies doing with AI

Name the AI companies focusing on solving the problems in the mechanical field in india (this post might be super helpful for mechanical engineers looking for an interdisciplinary role)

AI in Mech

Analyst

Krutrim has become a unicorn after securing $50m in funding, making it the first Indian AI startup with a valuation of $1bn. It seems like an extremely overvalued company being built yet again. Thoughts?

India's 1st Unicorn in 2024

Are we going back to good golden days of insane salaries. I am really curious on how was the valuation decided. On what basis? Did this platform earned a single penny yet.

The startup I work at, in all of its existence, it has never given half a shit about AI. 

Now that the company is looking to raise its series C, over the last 2 months, all of the employees have been asked to build AI products so that the founders can sell this lollipop to investors and get a massive round. 

Guess what? it's working!

We'll soon close the next round by selling random nonsense in the name of revolutionary AI technology.

AI lollipop

Senior Product Manager

https://youtu.be/lUp5xKvGzDw?si=GVh3pdYnu2uwpVDS

Not sure of the authencity of the video. But look at the scale of use of tech.

China is ahead at AI/Robotics/Tech adoption

Could be large company like Infosys or some startups

AGI- Is any company working towards achieving AGI in India?

Business Development Manager

Recently we saw Paytm making layoffs due to AI.
Are there any other companies that did the same?
People whose companies laid off people due to AI. What kind of automations made it possible?
Is AI actually doing the work or is it just an excuse to lay off people?

Layoffs due to AI

Software Engineer -  Cognition ($21M+)
Software Engineer -  Magic ($145M+)
Product Manager - Version Lens ($1.6M)
Data Scientist - TextQL ($4.1M)
Data Analyst - Fluent ($7.5M)
Chief of Staff - Mindy ($6M)
Universal Employee - Ema ($25M)
Financial Analyst - Finpilot ($4.5M)
Financial Analyst - Rogo ($7.5M)
Compliance - Norm Ai ($11.1M)
Receptionist - Arini ($0.5M)
Loan Officer - Casca ($3.9M)
Hotel Concierge - Runnr ($1.2M)
Designer - SevnAI ($0.5M)
Customer Support - Sierra ($110M)
Customer Support - Rasa ($70M)

List of  AI startups who raised funds in just 2024 focused on automating a particular white collar job

I have seen from the place I work at that growth (in terms of monetory benefits and opportunities) is much better for SDE folks than Data Science people.

1. For freshers it's easy to learn to write css and get complete responsibility of a task henceforth on completion getting more recognition and praise than in Data Science. Good tasks are almost never given directly to freshers due to steep learning curve in the field hence leading to lower growth rate.

2. SDE folks generally have tasks divided into sprints which make them a lot more easily trackable and appreciable at reviews, whereas in DS at least at the place I have worked tasks are given haphazardly and almost never account to much while reviews.

3. Another observation is that folks who have worked for about 3-4 years in SDE profiles have now become team leads whereas DS folks have not been promoted at the same pace 

Looking at all this, in my opinion data science folks are treated as second class citizens as compared to sde folks.

All this might not be true for all the firms, and I want to know if anyone else has some views on this.

I'm frustrated!

99% of AI companies

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