Thinks 2129

Jensen Huang: “Two hundred years ago, we were able to power anything and everything with electricity. And then 40 years ago, 30 years ago, with the internet, we were able to find anything. Today, or soon, we’ll be able to know everything and do anything. That’s the concept that’s really quite exciting. That out of the ether, instead of doing a search and then going through one link after another link and reading all these different websites trying to figure out what’s going on, in the future, you just ask it a question, and it comes back with an answer. You give it a project, it comes back with a solution. You give it a task, it comes back and gets it done. It comes out of the ether, it comes out of the cloud, and that’s the magical thing.”

NYTimes: “For decades, mathematicians, scientists and engineers had been wrestling with a basic fact about the real world: Its signals and images are full of structure. They’re not random jumbles of numbers; they’re intricately patterned. A photograph of a landscape, a piece of music, the sound of a voice — each harbors mathematical regularities that allow it to be summarized economically. The trick is to find the right building blocks. Expressed in those terms, a natural data set that seems to require millions of numbers can sometimes boil down to just a handful of ingredients. As people learned to exploit this feature of natural images and signals — a feature known as “sparsity” — the mathematics around it kept mutating and migrating. Fourier analysis showed how complicated signals and images could be built from simple waves. Wavelets gave a new way to pick out the most important building blocks. Work in statistics and optimization showed how to identify the most informative components among a host of possibilities.”

Debashis Basu: ” India needs to identify the factories and technologies it wants to attract. It needs to forecast the occupations they will require, define the competencies, redesign the curricula, and train the workers. It has to put them into factories through apprenticeships, measure employment, wages and productivity; and then change the curriculum again. China, South Korea, Taiwan, and Vietnam have all built versions of that loop. Until India does that, billions will be wasted in the name of “skill development” and India’s manufacturing dream will remain just that – a dream.” 

Rajesh Shukla: “India’s private consumption expanded by 7.1% in real terms in the first quarter of 2026–27. That is encouraging news for an economy whose prospects depend substantially on domestic demand. But a growth rate is not a market strategy. It tells businesses that expenditure is expanding, not which consumers sustain which markets, what they can afford or how much financial leeway remains after meeting their expenses…PRICE’s estimates for 2025–26 illustrate this clearly. Dividing the population into ten equal groups ranked by per capita household income, the top 10% account for about 30.2% of income, 24.2% of consumption and 48% of saving. The bottom half account for 23.8% of income and 29.5% of consumption, but only about 6.7% of saving.”

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Rajesh Jain

An Entrepreneur based in Mumbai, India.

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