I’ve spent the last few years studying AI

Like you, I heard of LLMs, GPT, Agents, ML, but wanted a full picture that connected the dots

Here’s a first principles primer on AI, its history and what is really happening today: Before we dive in, we need to first define intelligence

I like Max Tegmark’s definition:

“Intelligence is the ability to achieve complex goals”

This definition will be important because every AI system is fundamentally achieving a complex goal

Zerodha's own funds are allocated:

- 33% fixed deposits
- 32% equities
- 13% to government securities
- 13% gold bonds
- 9% tax free bonds

India's largest brokerage with all info access has the highest allocation to FDs, advocated as the worst investment

Tells you something Here's our evergreen piece on how Zerodha became a money-making machine:

ajuniorvc.com/zerodha-fintec…

I'm privileged to be born in India

Few would expect to feel privileged when born in a developing, poor, imperfect country. It's also why only a few are looking at India seriously

Here are 10 reasons why India is the place to be for the coming decades: 1/People: Any country's engine is its people

India has 400M young millennials, the largest population the world. India's average age is 26

In my essay on why I am Long India, I share why betting against India is taking a bet against humanity

ajuniorvc.com/explainers/lon…

One of the biggest things I hear that constraints talented individuals is the “fear of failure”

But what it is it truly? A thread. I was talking to my very talented friend who is applying for business schools in the US.

She said “what if I don’t get in? What if the effort is not worth it?”

“Will I have wasted so many months? What will I have to show for it”

If BSchool is not treated as a placement office, you can learn a lot.

I learnt to enjoy economics, game theory, consumer behaviour, and finance all because of a great BSchool experience.

It's "disruptive" to write off the MBA as a waste but it can be transformative if used well Philosophically, education should be free, although ironically some teachings are "priceless"

People try to "map" the cost of an MBA to the "job" they get. Truly measuring RoI for your education is fuzzy.

You never know where your learning might help you.

Amul isn’t a legacy, 60 year old brand but a disruptive innovator with a unique model solving purpose and profit.

A thread from the story and podcast on ajuniorvc.com/amul-story-mil… 👇 Amul was a startup trying to challenge the monopoly Poulson’s exploitative farmer practices.

Kurien, Patel and Dalaya would use brand, farmers and tech to ignite a new movement - cooperation, in the 1950s.

Anand Milk Union Limited, aka AMUL was born.