In popular narrative, India's losing out as an economy and stock market because it doesn't have any AI or innovation story. But what is the AI story? Is it all that it's made out to be?
Take the stock market first. AI tech was the driver for global markets. In the last 3 yrs, you could get by in global investing just buying stocks of the 'Magnificent Seven' - Microsoft, Apple, Amazon, Meta, Alphabet (Google), Tesla and Nvidia. But these are not actually driving the global, or even the US, market any more.
