Showing posts from June, 2024

ViewPoint - Have there been any jobs actually lost to AI?

 The impact of artificial intelligence (AI) on the job market has been a topic of significant debate and concern, with many questioning whether AI is actually leading to job losses. While the narrative often focuses on the potential for widespread unemployment, the reality is more nuanced. I asked this query in  Reddit's Futurology subeddit  last week and got nearly 200 responses that were polarized in two camps  The numbers are heavily under reported #vs Do you honestly believe that most companies would openly admit they are replacing people with AI?  Publicly traded companies would in fact be bragging about this. A summary of the top anecdotal Responses include: Individual IT Developers My team uses chatgpt extensively. **Mostly for code** but all kinds of other stuff too. We’re hiring less people. We have a hiring freeze right now, and 8 people just got let go. My department is shrinking. Yet, productivity is up…hmm, wonder how that’s possible…? Me + ChatGPT replaces like 3 o

Indian techies and Financial Independence, Retire Early (FIRE) movement

 The FIRE (Financial Independence, Retire Early) movement has garnered considerable attention worldwide, and its principles are finding enthusiastic followers among Indian techies. The movement, which emphasizes frugality, saving, and smart investments to achieve early retirement, resonates strongly with India's tech-savvy professionals who are known for their meticulous planning and goal-oriented mindset. Video: Mohan's viewpoint FIRE and retirement for Indian Techies   Indian techies, often starting their careers in their early 20s, benefit from relatively high salaries in the technology sector. With significant exposure to global financial planning trends through their work and the internet, they are well-positioned to adopt FIRE principles. The typical pathway for these professionals involves stringent budgeting, substantial savings, and investing in diverse portfolios that include mutual funds, stocks, real estate, and increasingly, cryptocurrency. One of the critical f

T20 World Cup 2024: India vs Pakistan match ticket to cost upto Rs 8.4 lakh

There is a tremendous excitement over the start of the 2024 T20 World Cup in West Indies and USA. The 20-team tournament gets underway in Dallas on Saturday (Sunday morning in India), with a match between USA and Canada, but one of the marquee games in this tournament is the India vs Pakistan contest in New York on 9 June. The tickets, however are not cheap.  The Nassau County International Stadium in New York is all set to host the T20 World Cup match between India and Pakistan, and is expected to be a full-house affair. The price of the ticket, starts at $995 and goes up to $10,000 US dollars (around 8.3 lakh in Indian rupees). According to the ICC’s official website, a total of six hospitality packages are made available at the venue in New York. These are —Premium Club Lounges, Diamond Club, Cabanas, Pavilion Club, Boundary Club and Corner Club. However, for the India vs Pakistan contest, all that’s available are just three of these packages. The Diamond Club is the “Jewel” of the