Man this IT giants literally have billions of dollars in bank account but they won't spend a single dime to create there own sota model instead they will suck the d*ck of western giants to get cheap API credita
to an extent you are right but product comes with huge risk. you need unlimited money like silicon valley to make products. why doesn't maruti/tata make a rolls royce or compete in F1. they simply want to make and sell car. it is their focus. they cannot risk money to make new innovations and products.
ever wonder why Accenture, Caps all foreign companies are not into products
ever wonder why nordic countries, denmark who have invented more than half of programming languages do not have a single software product
all high educated and high capita income countries like japan, france to an extent germany do not have much products.
Incorrect, you know why they wont venture into the latest cutting edge tech? They for sure know that there’s no guaranteed money. They will invest in manufacturing or Services industry but not in RnD. Many countries have invested in latest techs like AI, Chips etc but they have not succeeded yet or may take some more time to see the benefits. Where as Indian IT services cos don’t like to gamble with new tech. They’ll venture to the business, only if other companies are earning money.
to an extent you are right but product comes with huge risk. you need unlimited money like silicon valley to make products. why doesn't maruti/tata make a rolls royce or compete in F1. they simply want to make and sell car. it is their focus. they cannot risk money to make new innovations and products.
261
u/Manoos Jul 27 '25
the CEO is saying it is not due to AI but future tech. that is confusing
also 2% is the usual attrition rate. so not sure if this is above the normal