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Lotso's avatar

Spot on. I spent 2 weeks in India for a holiday. It was an interesting experience but I have not made a second trip and never will. Once you leave the grounds of the palace hotels, it is like leaving heaven and going to hell.

There was human excrement everywhere in a famous park. Took the train once and it was 6 hours late. Thereafter, I cancelled all the planned train trips and hired private cars with drivers. My wife was pestered endlessly. The infrastructure is just bad. When we were met at the airport by our contacts in Delhi, we were told by them who are locals not to trust anyone. Poverty is rampant and misery is just an accepted fate due to Hinduism and the caste system. I determined thereafter that India is un-investable. For those who say that India is the next China have no clue what they are talking about and have never been there. Foreign companies get screwed due to their retroactive tax system. Foxconn and Apple are slowly leaving India despite earlier promises. Indians have the gift of the gab. They can talk you to death and spin all kinds of nonsense.

Despite all the above, we did have many memorable moments and the people who looked after us were superb.

I first travelled to China in 1990. Seeing what it is now and the progress that is made in human capital and society, is like Flash Gordon travelling through space and time. I am now retired. I shall be visiting Shanghai next month after an absence of 10 years. I have made trips to Nanjing and Chengdu this year. China is now my favourite travel destination.

My father travelled to Shanghai in 1954 on behalf of his company and stayed for a week and he is amazed and proud of what China has accomplished. India got its independence in 1947 and societal wise, nothing much has changed. Abject poverty is everywhere and systemic corruption in the so-called largest democracy in the world. 30% of Lok Sabha (parliament) face “serious” criminal charges.

Dane Valk's avatar

India inherited the western system but without the key to western success: colonialism. It does not have colonies from which to suck wealth and resources.

It did not have a proper revolution of the classes. The Indian oligarchs and power brokers still have ties with the colonial west. So, there are personal interests conflicting with national interests. India is not totally sovereign. It is constantly politically paralyzed and unstable.

India constitutes the best evidence that western capitalism and democracy are far from being the best systems -- it severely under-performs compared to the Chinese system.

I recently came across the following article on Bloomberg about US big tech (Google, OpenAI, Perplexity AI) offering paid-tier AI services for free in India:

"Everywhere All at Once Makes India a Safe AI Bet"

"Everyone is looking for the next big AI bet. They’re searching for energy-rich places that can run data centers cheaply, for bottlenecks in the semiconductor supply chain that will earn massive profits, or for companies that might own the next breakout algorithm.

Usually, India doesn’t feature in these conversations. It isn’t going to be a chipmaking superpower any time soon. And, although a couple of big data-center projects have been announced, high energy costs and land scarcity limit its ambitions.

And yet India may be the biggest, safest bet in the age of artificial intelligence. Not because it will build the models, but because it will use them."

India is still very much a colonized nation. Its information space is colonized by the US. (Its media is largely run by the above-mentioned oligarchs tied with the west.) Its ecosystem of indigenous IT solutions is weak and lacking. The scale of impact of the Crowdstrike bug in India is yet another reminder of this. Claiming that India is an IT powerhouse is a joke. Reality is that it is an IT colony of the US.

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