Daybreak

Is the AI revolution losing momentum? This discussion explores the surprising stagnation in software growth despite the hype around AI. Insights reveal a flat landscape in app development and questions over the underwhelming launch of GPT-5. Furthermore, experts raise alarms about the economic risks of an AI bubble and the social impact of technological advancements on worker stability. The conversation urges a deeper societal reflection on AI's future and its potential to exacerbate inequality.

Discover how Dreamfolks Services revolutionized airport lounge access in India, linking banks and travelers. Now, Adani is taking charge, consolidating control over lounges, duty-free shops, and food courts. Allegations suggest they pressured banks to bypass aggregators like Dreamfolks, marking a significant shift in airport commerce. The podcast explores the impact on independent operators and the transformation of the Mumbai Airport as a case study, shedding light on the changing landscape of airport retail and hospitality.

In this conversation, Megha Jose, CEO of Fortune Wealth Management and founder of Thryve, shares insights on 'Lazy Girl Investing.' She discusses overcoming financial shame and embracing investing as a simple, learnable skill. Megha explains how to get started in just three minutes, advocating for automated systems like index funds to achieve consistent growth. She emphasizes measuring investments against annualized returns and rethinking the stock market as owning businesses rather than mere transactions. Her approach encourages guilt-free spending while ensuring prudent debt management.

The global silver crunch is reshaping markets and driving up prices. India’s jewelry sector is feeling the pinch, with paused orders and ETF freezes. Silver's critical role in technology, AI, and clean energy is pushing demand to new heights. However, production struggles due to silver being a by-product of other mining processes limit supply increases. The U.S. is stockpiling silver amid geopolitical concerns, further impacting prices and availability. Analysts predict tight supply and higher prices could persist until 2028.

Indian heirs are moving from managing family factories to running family offices, seeking global investment opportunities. This shift emphasizes portfolio flexibility and faster compounding over traditional business operations. Critics worry this trend could signal a loss of entrepreneurial spirit and long-term legacy. The internal family debate reveals tension between immediate financial gains and building lasting value. Overall, heirs are redefining ambition, focusing on managing wealth rather than creating it, which raises questions about their identities and future contributions.

The Prime Minister’s Internship Scheme promised 10 million internships but has seen fewer than 9,000 join. Deep-rooted issues like insufficient funding and mismatched expectations between companies and graduates contribute to the low uptake. The stipend of Rs. 5,000 is inadequate for city living, and strict eligibility criteria further limit access. Many candidates prefer better-paying local jobs over internships. Additionally, there's a skills mismatch and concerns about companies' abilities to train interns. Monitoring conversion rates to employment is now seen as vital.

OpenAI's intriguing outreach to Indian schools sparks debates on privacy, data collection, and the implications for educators and students. The deal to give teachers free ChatGPT licenses raises eyebrows as schools worry over data retention and potential legal risks. While personalized learning appears promising, barriers like parental pressure and slow tech adoption complicate matters. The move reflects a broader Big Tech strategy of offering free tools to secure long-term use. Will this classroom experiment reshape education or just gather data?

Eli Lilly's Mounjaro has skyrocketed to become India's second-best-selling drug, marking a significant victory in the weight-loss market. With a $1 billion investment for a new manufacturing hub in Hyderabad, the competition is heating up as local pharma prepares for cheaper GLP-1 generics. The conversation dives into why diabetes medications have morphed into weight-loss wonders and the unique properties that set Mounjaro apart scientifically. Yet, hurdles like regulatory compliance and skepticism loom large in this evolving landscape.

Deloitte's recent AI misstep leads to a surprising global rollout of Anthropic's Claude, showcasing a bold new logic among the Big Four. With audit work slowing and regulations tightening, firms like PwC and EY prioritize speed and visibility over accuracy. As they rush to adopt AI, industry sameness emerges, prompting a shift in competition from precision to performance. Future differentiation may hinge on governance and traceability, as firms seek to navigate the evolving credibility economy.

Explore the rollercoaster journey of Fogg deodorant, rising to fame with its unique no-gas formula. Delve into the complexities of KKR's $600 million acquisition and the ensuing power struggle with the Patel brothers. Discover how budget cuts and a focus on traditional brand strategies caused Fogg's market dominance to wane. With new product launches faltering and a leadership shake-up on the horizon, the future of Vini Cosmetics hangs in the balance. Will they innovate or double down on their classic brand?