A view of AI, from Mumbai
Summary
This episode examines the Federal Reserve’s response to hot inflation, noting that rising service and energy costs have pushed real wages down for six consecutive months. The discussion highlights market expectations that the Fed will likely hold rates in October but may hike in December. The segment also covers the agricultural sector, where farmers face a dilemma over buying fertilizer amid record-high prices and lower crop revenues. Finally, the show explores India’s emerging AI workforce, featuring a visit to a Mumbai-based healthcare startup that leverages local talent to drive global …
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
Predictions for the October Fed rate decision
High-level economic outlook: resilience vs fragility
Rising fertilizer costs and farmer strategies
Small business perspective: record store in Mississippi
Stock market numbers and CoreWeave stock plunge
Sponsor: Odoo all-in-one business software
The Age of Work: Visiting Cure AI in Mumbai
Interview with Cure AI CEO on talent and AI
Mumbai's economic trajectory and global implications
Closing notes: Oil prices and show credits
Promo: Million Bazillion on IPOs
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