Rohit Tikmany retweeted
The EDF (Export Declaration Form) rules are now in effect, and it seems like RBI and banks have conspired to create a new hell. Or actually 5 hells.
I consult for an American company. Raised October invoice. Received the Inward remittance. And bang! Mail from @HDFC_Bank detailing everything needed before the payment can be processed.
Let me tell you what the 5 hells are:
1. The hell of confusion – RBI clarified last month that the EDF rules do not apply to individuals. But looks like they haven’t told the banks. And CAs also don’t seem to know. There’s no official communication on who is exempt. Last I checked, I was an individual. No company, no LLP. But HDFC still wants me to file the EDF to credit my payment.
2. The hell of complexity – See the attached pic of the form the bank has sent in excel. It has 5 sheets. To be filled and submitted. Some abstruse acronyms like “AD” - no clue what it means. Some fields are mandatory. Some fields are to be filled by the bank. No idea which is what. And it needs a physical signature. Which leads to...
3. The hell of paperwork - They also sent a pdf with a bunch of request letters. I’m supposed to choose the right letter, print, sign, scan and submit. Creating more paper today is incredibly silly. And, I suppose, someone in the bank will have to upload all this somewhere. Reminds me of those hand-filled immigration forms. Pointless.
4. The hell of repetition – At least for me, most of the details are constant. One client, one payment. If it’s a one-time exercise, fine. I’ll grit my teeth and get it done. But no. These details have to be given month after month. Else… no payment will be credited.
5. The hell of unpreparedness – It would have been simple enough for RBI or HDFC to create an online portal for this. With dropdowns, saved formats, contextual help, etc. to at least make this easy. But that would be too convenient, no? So, they’ve chosen to dump the entire burden on the taxpayer.
I have no opinion or understanding of why this is needed. Maybe it is critical information. Okay! But why make the process so confusing and painful?
And poor communication has meant that the banks have just passed on the pain to the exporter, and even CAs can’t help.
Basically RBI & HDFC feel I should consult less, and comply more. Maybe my client will also agree :)
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Rohit Tikmany retweeted
Current top 10 averages. Across formats. Min 250 wickets. Major countries. Stats courtesy: @some_rohit
1. Bumrah is an absolute GOAT.
2. Shakespeare zinda hota to Kuldeep pe ek tragedy likh deta. Aur Vishal Bharadwaj ne Shahid ke saath film bhi bana di hoti - China Man.
David Fincher said that a filmmaker's ability to articulate their intent is their most important creative skill.
Same for AI film-making.
"Will AI take my job?" is the wrong question.
The pink slip is a trailing indicator.
Long before the job, one loses leverage & pricing power.
That squeeze has already started. Read on ⬇️
1) Baseline expectation of productivity has increased & many unfortunately just can’t keep up. In fact, the human nervous system has become the bottleneck in an accelerated pipeline.
2) More output per worker itself means fewer workers are needed - there simply isn’t enough demand to keep up with this sudden growth in supply.
3) Companies are OK with "good enough" being 90% cheaper. That inevitably resets the price for everyone.
4) AI (or a colleague who does more) is absorbing the work of leavers. Replacing a knowledge worker is now easier, so retaining them matters that much less. You don't need to quit to feel this.
5) Juniors are getting hired only if they can use AI to do senior-level work.
6) Intuitive judgement, hitherto locked in the heads of seniors, is being written into reusable prompts & files that companies own. Makers are becoming checkers & checkers simply don't make as much.
7) Full time jobs are becoming projects for freelancers/part-timers.
Together, these forces hit the source of a knowledge & creative worker's leverage: SCARCITY. When your skills are scarce, you can walk away. When you can walk away, you can command your price.
Most blue-collar workers have little of that leverage, as is evident in their pay scales & work conditions. Unless a license protects it, most white-collared & creative work is inevitably headed to the same levels of leverage.
Your employer is gaining alternatives while you’re losing yours. The impact of AI will first show in heavier workloads, smaller raises, fewer interviews, longer tenures, and lesser room to say no.
All of us laptop workers had a great run in the last 3 decades or so. Get ready as the tables turn.
"Will AI erode my bargaining power & my price?" is a more urgent question.
Wait what?
5 points ahead of even Opus 5.5 on DeepSWE and 11 ahead on SWE-Marathon?
How Meta has come back from nowhere in just about an year!
Trying with a Muse Code 20x subscription now.
Rohit Tikmany retweeted
One way to view Amazon’s ad business is as a vulnerability to agents that don’t care about them
Another way is that without ads, Amazon is basically a massive loss-making public service to get you your package as fast as possible
And that’s true even on top of the most efficient logistics operation in the world
This dynamic is true for many marketplace models at the limit
The revealed preference of consumers is that they’d rather see some ads than have to pay for shipping or get their stuff slower
It’s totally reasonable to want an agent to shop on your behalf and just find the best stuff at the lowest price, but something in the cost structure has to give
Rohit Tikmany retweeted
Marketers: The next wave of founders will be marketers, distribution is the new moat.
PMs: Taste is the moat, and its easier than ever to build the wrong thing. Now is the age of the PM.
Eng: You need systems thinking and technical chops to solve hard problems and wield agents effectively at scale. Engineers have more leverage than ever.
I suspect good people in each discipline will remain valuable and there isn't one role poised to become unicorns en masse.
I do think its good to be skilled at more than 1 discipline, but I am not sure any one of these disciplines has a leg up over the others in that regard
Rohit Tikmany retweeted
What’s happening in the AI-powered reverse engineering and decompilation is absolutely insane. Pretty soon all software will be de facto open-source.
AI is coming for everything and everyone.
My Nana Patekar story
The year must have been 2006. My band Sankara had been having a great year. Earlier that year we'd opened for Rabbi Shergill and Indian Ocean and things were going great.
One day Koko (of Agnee fame and at the time our lead guitar player) calls us and says he guys gig tonight? Sure, we all said. Where?
Turns out it was the closing ceremony of a qualifying tournament for the World Equestrian Championships which was being held at the NDA. The venue was an open field outside NDA, overlooking Pune. A beatiful if somewhat rustic venue, but no matter there would be old monk and an animal being roasted on a spit as one has at Army parties.
Sankara, oh I wish y'all could have heard Sankara. The best damn band that India never got to know. We were all mongrel musicians (with the exception of Koko) and had somehow managed to put together a semi decent band (remember the mongrel part for later).
And our set was all originals or improvised covers of obscure songs. We'd take a Mirza Ghalib poem and set it to music and then we'd jam on it for a quarter of an hour. And all our shows were improvised as well and there was one rule - the music never stops whatever happens.
so there we were playing our set when we were told that the Chief Guest would say a few words and we turned and there on the side of the stage was Nana Patekar waiting for the band to stop so he could give his speech. But the music never stops right?
So the band, which at that point had developed some sort of weird telepathic communication system I can't fully explain dropped the volume and morphed whatever we were playing into a nice chill trip-hoppy trancy vibe and gestured to Nana to begin.
Nana steps onto the stage and in that glorious baritone of his begins to deliver his speech. What a moment it was. Gentle breeze, cool Pune evening, under the stars, smell of meat roasting, a crowd of faces shining and the gentle music underneath it all. Nana liked the vibe and rolled with it as well. He had enjoyed our little tasteful disobedience :-)
Later, during the dinner break he comes up to us and is very nice. He says "one word of advice. you all have to stay together. ladho, jhagdo lekin ek dusre se alag nahi hona. what y'all have is magic and don't fuck with it"
then he goes on to ask a favor of us. He tells us that he has a childhood friend, a classical singer. And this friend and his son used to perform together. And there had been an accident some months ago when they were on tour and the dad survived but the son died. He says that his friend hasn't sung since that day but he feels that if he meets us, his friend will sing. And would we accept an invitation to dinner at his house, along with our instruments?
which is how we find ourselves on Nana's balcony at his apartment on Law College Road where hi lived with his mother. Nana recited poetry for us. His friend was there. We drank. We played. And then Anoop asked his friend to join in on one of our songs called Lil Ojas which was straight raga Hamsadhwani and the friend turns to Anoop and says - app ki woh doosri taar thodi chadh gayi hai (your second string is out of tune)!
Goddamn mongrel musicians.
The gentleman did sing and Nana was very grateful. I never met him again even though he was lovely and would not have minded.
In that brief encounter I saw a very lovely human being. A deep soul. There are rumours that he was capable of tempers and worse but I never saw any of that in him. I met a thorough gentleman and a loving soul.
RIP Nana. Ishwar aapki aatma ko sadgati de.
Rohit Tikmany retweeted
They came back from Vietnam and made movies about it.
Apocalypse Now. Full Metal Jacket. Platoon. The Deer Hunter. Born on the Fourth of July.
Beautiful films. Serious films.
Films about the trauma of American soldiers, the moral complexity of American soldiers, the broken psyches of American soldiers.
How many major American films center the experience of the Vietnamese?
How many Hollywood productions have you seen where the Vietnamese are the protagonists, the full human beings with names and families and inner lives, and the Americans are the faceless army descending from the sky?
Think about that structure.
Think about what it means when a country kills three million of your people, loses the war, goes home, and then spends the next fifty years producing prestige cinema about how hard the killing was for the killers.
Vietnamese suffering as backdrop. American suffering as subject.
Vietnamese bodies as set dressing. American guilt as narrative arc.
They could not conquer Vietnam militarily.
But they tried to conquer the story.
They tried to make the war, in global cultural memory, fundamentally about them.
Their boys. Their trauma. Their national reckoning.
We are not your reckoning.
We are not your backdrop.
We won.
We exist.
We have our own story, and in our story, we are the ones who were here before you came and here after you left.






















