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Joined 3 years ago
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Cake day: July 1st, 2023

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  • I’d received some communication from one of the banks here, which summarised the budget. This section is relevant:

    Tax holiday till 2047 to any foreign company that provides cloud services to customers globally by using data centre services from India. It will, however, need to provide services to Indian customers through an Indian reseller entity, safe harbour of 15 percent on cost in case the company providing data centre services from India is a related entity.

    It feels like an incentive like any other, to make data center services (not just limited to AI) hosted here. One can probably see this in one of two ways, GDPR-like data privacy or just general surveillance. I’ve seen data privacy regulations taking focus so I’m hopeful, but time will tell






  • So I find this to be interesting. Given that the author explicitly stated that he’s not very familiar with the industry, their viewpoint is of one who’s external to the whole bubble.

    A lot of the article seems to run under the purported productivity improvements that companies make, especially considering what they mention about LLMs generating “world-class” code. Anyone who uses it for more serious projects knows there is a lot of nuance that’s not really well-captured by code-gen models (and I can see some of the HN comments giving similar experiences)

    I see this as a problematic disconnect. Those on the outside have no idea of the reality on the ground, which leads them to have cautious optimism. I’m of the opinion that such opinions would quickly sour if they see the actual productivity loss.

    To which I say, it’s going to take a noticeable loss of productivity for companies to recognize that they’re paying extra to get less, and i wonder if this would be the marker for this bubble popping.