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The rise of AI is especially problematic for India where business process outsourcing makes up a significant fraction of the GDP and most of the GDP growth. Unl
by 0xDEF 3y ago
The rise of AI is especially problematic for India where business process outsourcing makes up a significant fraction of the GDP and most of the GDP growth. Unless Indian export-oriented manufacturing really takes off there is absolutely no hope for the Indian economy.
- gtirloni 3y agoThey do have great people in software development, but not in the numbers needed to maintain their GDP, as they have done with cheap outsourcing contracts. But their problem is our problem everywhere. It might just going to be exaggerated in India.
- Nesco 3y agoStrange, I am reading everywhere that India is developing rapidly and will become soon a major economy
- reaperducer 3y agoGet back to me when Americans start making robo calls to scam Indians.
- DaanDL 3y agoThat's why you have this boom of AI startups right now in India. (basically they're all wrappers around ChatGPT)
- Applejinx 3y agoI'd want to see more information around that. India is BIG. They're hardly dependent on selling phone-answering jobs to the US. I'm not sure what all their economy is based on, but just their internal economy is absolutely huge. India's population is like four times that of the US. You will never convince me that outsourcing to the relatively tiny USA is that big a fraction of their GDP, however lucrative it might be.
- deleted 3y ago[deleted]
- splistud 3y ago[dead]
- carlmr 3y agoApparently it was 8% of GDP in 2017/18: https://idapgroup.com/blog/it-outsourcing-to-india/#:~:text=Indian%20IT%20in%20Numbers%20%26%20Facts&text=Holds%2055%25%20of%20global%20IT,countries%20all%20over%20the%20globe https://idapgroup.com/blog/it-outsourcing-to-india/#:~:text=....
- naveen99 3y agoIt’s about 10-15% of gdp of india. But, be careful you could say the same thing about humanity in general. The mayhem of the early 20th century will seem like a walk in the park compared to the terminators / matrix wars.