The vicious circle

A conversation I had with my colleague Aniket Nathvani, while returning from office. It was about the software industry and the vicious circle around it.

“These people in software companies write code to make applications which can reduce human labour in other MNCs and thereby cutting down the number of people working in that company. The people who could not join those MNCs, come and join the software industry to write more and more code for the MNCs. And the cycle continues…”

Pretty funny…heh…hmm…??? But that’s the truth buddy. :)

Justice in India. WTF!

Was searching for this video for a long time. An example of quick justice when someone steals a gold chain in India. Amazing. Jai ho ! WTF!

Tryst with destiny

Jawaharlal Nehru’s speech

World’s poor = $13 trillion

C. K. Prahalad identifies the world’s poor (the “bottom of the pyramid”) as a mostly untapped market for companies, worth up to $13 trillion a year in revenues. In his words, “the real source of market promise is not the wealthy few in the developing world, or even the emerging middle-income consumers. It is the billions of aspiring poor who are joining the market economy for the first time.” In his TED talk, Dr. Prahalad warned against “learning disabilities” on the part of companies, leading to mistakes, such as mistaking current profits for leadership, and unwillingness to face up to capability gaps. He seems to be saying that the answer lies in democratizing technology, communication, and learning, such that everybody from the top to the bottom will know what’s going on.