A view of AI, from Mumbai
Summary
The episode examines rising inflation and falling real wages, noting that service sector costs are outpacing wage growth and pressuring the Fed to hike rates despite recent silence from Chairman Warsh. It also covers the agricultural sector, where farmers face a dilemma of buying expensive fertilizer now or waiting amid high global prices. The segment concludes with a look at India’s tech workforce, highlighting how companies like Cure AI leverage local talent and data for healthcare innovation, while discussing the broader economic challenges of job creation and infrastructure development …
Topics discussed
Sponsor: Odoo all-in-one business software
Marketplace intro and guest introductions
Hot inflation data: CPI and PPI analysis
Falling real wages and consumer sentiment
Fed Chair Warsh's silence and market interpretation
Forecasting the October Fed rate decision
High-level economic outlook: resilience vs fragility
Rising fertilizer costs and farmer dilemmas
Small business perspective: record store in Mississippi
Market numbers: Dow, Nasdaq, S&P, and CoreWeave
Sponsor: Odoo all-in-one business software
The Age of Work: Tour of Cure AI in Mumbai
Interview with Cure AI CEO on India's talent advantage
Reflections on India's economic trajectory and infrastructure
Closing notes: Oil prices and show credits
Promo: Million Bazillion on IPOs
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