India's IT outsourcing industry feels AI's impact on hiring! It will. India’s IT industry cannot depend forever on billing more people for more hours. AI will push the industry towards outcome-based pricing with smaller, highly skilled teams. The government must support this
ECONOMY
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AI Tax Debate Weighs Sharing Productivity Gains Against Slowing Innovation
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There is some merit in the idea, especially if AI-driven productivity gains become heavily concentrated. But taxing #AI itself could slow innovation. Perhaps the better question is: how do we share the gains from AI while still encouraging companies to invest and innovate?
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Restricting Data Centers Could Keep AI Capacity Expensive and Scarce
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The biggest irony is that if American data centres are blocked, Intelligence will not become cheap and abundant, like a utility. It will become even more expensive and scarce, a resource that only the richest can afford. Of the tiny 5% of Americans who pay for AI, the vast
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GPT-5.6 Price Cut Intensifies Competition Between AI Model Providers
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OpenAI is cutting the price of GPT-5.6 by 20%. A few thoughts:
— Chubby♨️ (@kimmonismus) 21 août 2026
1) This is, of course, also a clear signal to its biggest competitor, Anthropic. Anthropic is currently dealing with difficult PR, negative feedback around Opus 5, and poor rate limits in the subscription plan for… https://t.co/qfGNHFofMMOpenAI is cutting the price of GPT-5.6 by 20%. A few thoughts: 1) This is, of course, also a clear signal to its biggest competitor, Anthropic. Anthropic is currently dealing with difficult PR, negative feedback around Opus 5, and poor rate limits in the subscription plan for
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Anthropic Files to Go Public
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Anthropic Files to Go Public
#AI #Anthropic #ArtificialIntelligence #IPO #Innovation #MachineLearning @demishassabis @Ronald_vanLoon @TamaraMcCleary @geoffreyhinton @goodfellow_ian @jeffdean @erikbryn -
AI Capital Spending Raises Questions About Required Future Sales
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Whatever you may think of Generative AI, the Capex craze is absolutely bonkers: “we are potentially talking about AI needing to generate $10 trillion in annual sales to justify all the capex being thrown at it. For reference, global spending on food (including restaurants) is
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OpenAI Enterprise Adoption Report Draws Questions About Missing ROI
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the elephant in the room that no company wants to address: “OpenAI’s 69-page report on ChatGPT enterprise adoption doesn’t address the biggest question: ROI” by @EmilyForlini
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Anthropic Reportedly Prepares an IPO That Could Exceed SpaceX’s Debut
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Anthropic is reportedly preparing to publicly file for its IPO as soon as the end of August. The company expects to raise at least as much as SpaceX’s record $75 billion debut, potentially making it the largest IPO in history (~$ 2tn valuation)
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AI Job Displacement Debate Highlights Call Center and Entry-Level Workers
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A 0.1% increase in US unemployment from AI might look small, but US call center employment running 39% below trend says otherwise. The displacement is real, concentrated, and hitting entry-level workers hardest! #IndiaTechStory
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Industrial Revolution Offers Policy Lessons for AI-Driven Job Changes
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The Industrial Revolution worked out really well in the end, but along the way there was horrible disruption. It is an important reason why we need good policy and support to navigate the job changes brought by AI, no matter what they turn out to be over time.