Latest news with #Kamath
Time of India
7 hours ago
- Business
- Time of India
Elon Musk's career advice to young professionals in the age of AI is what you would least expect
At a time when artificial intelligence is rapidly transforming industries and eliminating jobs, Elon Musk's career guidance doesn't align with the usual advice from the tech world. Despite being at the forefront of AI development, the billionaire entrepreneur isn't urging young professionals to specialize in data science or machine learning. Instead, he offers something far less expected: he tells them to follow what feels meaningful and useful, even if AI may eventually outperform them. In a recent CNBC interview, Musk reflected on how he advises his own children, some of whom are preparing to enter the workforce. He acknowledged the difficulty of giving career advice in such an unpredictable environment. Rather than pointing them toward safe or high-demand roles, he encourages them to pursue work they enjoy—something they find fulfilling and beneficial to society. Facing AI's Impact Head-On Musk's views carry added weight given his influence on the future of work. As the founder of Tesla, SpaceX, Neuralink, and xAI, he's not just a witness to technological change—he's helping drive it. From reusable rockets and electric vehicles to brain–machine interfaces and AI research, Musk's companies are reshaping how we live and work. Yet he admits that even he questions the value of his relentless work. He shared how he sometimes wonders whether the sacrifices he makes—time lost with friends and family—are worth it if AI eventually does it all better. For him, staying motivated in this era means deliberately choosing not to overthink the long-term implications. He emphasized that people should focus on projects that excite them and make a positive difference, regardless of whether machines can replicate those efforts. A Different Kind of Urgency Musk's advice contrasts sharply with warnings from others in the industry. Zerodha co-founder Nikhil Kamath, for instance, believes adaptability is the most important trait going forward. Drawing on the World Economic Forum's Future of Jobs Report 2025, Kamath points out that 34% of all workplace tasks could be automated by 2030. He urges professionals to continuously upskill and shift away from traditional education models, which he believes are rapidly losing relevance. — nikhilkamathcio (@nikhilkamathcio) The WEF data predicts 92 million jobs could be displaced globally, while 170 million new roles may emerge. However, Kamath warns that only those who constantly learn and evolve will benefit from this Where Kamath stresses survival through learning, Musk focuses on meaning. He raises deeper questions about purpose in a future where AI systems can do everything better, faster, and cheaper. In his view, the real challenge isn't just about career security—it's about staying emotionally and mentally engaged in a world where one's contributions might feel replaceable. For Musk, fulfilment comes not from outperforming machines, but from doing work that aligns with personal interest and social good.
Time Out
14 hours ago
- Science
- Time Out
Look up! Two meteor showers are set to illuminate our skies just days apart
The mystique of rare celestial events never fails to excite, from green comets to huge blue supermoons, we're always keen to know what the next cosmic phenomenon we can experience will be. If you share in this excitement, then hold onto your hats, because a pretty cool occurrence is set to happen in our skies. The stars have aligned for two dazzling meteor showers to peak just days apart. Stargazers, that's your cue to dig out your binoculars and telescopes! The two events in question are the Delta Aquariids and the Alpha Capricornids showers, which occupy the southern sky and are both most visible in the Southern Hemisphere – so we're in luck! In an extremely rare alignment last year, the Delta Aquarids and the Alpha Capricornids meteor showers peaked on the very same night. This year, the double act will happen just days apart – with the Delta Aquarids lighting up the skies on July 28 and the Alpha Capricornids following on July 30. When to see the Delta Aquariids and Alpha Capricornids in Melbourne and Victoria? The Delta Aquariids will peak first on Monday, July 28, with the Alpha Capricornids shower reaching their brightest on Wednesday, July 30. According to associate professor Devika Kamath from Macquarie University's School of Mathematical and Physical Sciences, the best viewing window is between midnight and 4am (AEST) from July 28 to 31, when both showers are active and the moon is mercifully out of the way. What can you expect to see on the night? At its absolute peak on July 28, the Delta Aquariids could produce up to a whopping 20 shooting stars per hour (given the sky is totally dark and clear). Although fainter, the Alpha Capricornids meteor shower is famous for producing impressively bright fireballs, and you can expect to see two to five meteors per hour – even in areas with light pollution. How to see the double meteor shower in Australia? In order to spot this sparkly sight, it helps to have a little bit of astronomic know-how. Being able to locate various constellations and celestial bodies helps a lot, as these meteor showers will radiate from the Aquarius and Capricornus constellations. Fortunately, there are plenty of astrology resources online to help you with this. Other tips to bear in mind for meteor-spotting are heading to your chosen stargazing spot in the early hours of the morning and ensuring you wait long enough to give your eyes time to adjust to the darkness (about half an hour). And considering it is the depths of winter, bring plenty of warm layers and blankets! 'In the early evening, the radiants (the points where meteors appear to originate) rise in the northeast,' adds Kamath. 'By midnight, they're high in the northern sky, and by pre-dawn, they drift toward the northwest. Scanning this arc will maximise your chances of catching long, dramatic trails.'
Time Out
15 hours ago
- Science
- Time Out
Two spectacular meteor showers will sparkle above NSW this month
Sydney stargazers, this one's for you. If there's one thing that can reliably get Sydneysiders to brave the winter chill, it's the allure of a rare celestial event. From magical meteor showers to unexpected auroras, we've already been treated to our fair share of cosmic wonders this year – and now, there's a doubleheader set to grace our night skies at the end of this month. In an extremely rare alignment last year, the Delta Aquarids and the Alpha Capricornids meteor showers peaked on the very same night. This year, the double celestial act will happen just days apart – with the Delta Aquarids lighting up the skies on Monday, July 28 and the Alpha Capricornids following on Wednesday, July 30. Here's when and how to see the shooting star shows. When to see the Delta Aquariids and Alpha Capricornids from NSW? Late July is set to deliver a cosmic double act, with two meteor showers lighting up the sky above NSW just days apart. The Delta Aquariids will peak first on Monday, July 28, with the Alpha Capricornids shower reaching their brightest on Wednesday, July 30. According to Associate Professor Devika Kamath from Macquarie University's School of Mathematical and Physical Sciences, the best viewing window is between midnight and 4am (AEST) from July 28 to 31, when both showers are active and the moon is mercifully out of the way. What do the Delta Aquariids Alpha Capricornids meteor showers look like? At its absolute peak on July 28, the Delta Aquariids could produce up to 20 shooting stars per hour (given the sky is totally dark and clear). Although fainter, the Alpha Capricornids meteor shower is famous for producing impressively bright fireballs, and you can expect to see two to five meteors per hour – even in areas with light pollution. How to see the double meteor shower from Sydney and NSW? To witness this cosmic spectacle, it helps to have a little bit of astronomical know-how. The Southern Delta Aquariids appear to radiate from the constellation Aquarius, while the Alpha Capricornids originate from Capricornus. You can use a stargazing app like Stellarium or an online sky chart to find these constellations in your local sky. These tools can help you pinpoint the meteor radiants and plan the perfect viewing spot. Professor Kamath adds, 'In the early evening, the radiants (the points where meteors appear to originate) rise in the northeast. By midnight, they're high in the northern sky, and by pre-dawn, they drift toward the northwest. Scanning this arc will maximise your chances of catching long, dramatic trails.' She also recommends finding a spot away from the city lights and giving your eyes 20 to 30 minutes to adjust to the dark. And considering we're in the depths of winter, bring plenty of warm layers and blankets too! Want to maximise your chances of spotting a shooting star? These are the best star-gazing spots in Sydney, and these are the best camping sites if you're up for a night under the stars. Rather stay cosy? Book a night in one of these incredible bubble tents in the Blue Mountains.
Time Out
16 hours ago
- Science
- Time Out
Double trouble! Two meteor showers are set to light up Australia's skies just days apart
If there's one thing that'll get Aussies braving the winter chill, it's the allure of a rare celestial event. From magical meteor showers to unexpected auroras, we've had our fair share of cosmic wonders this year – and now, there's a doubleheader set to grace our night skies at the end of this month. In an extremely rare alignment last year, the Delta Aquarids and the Alpha Capricornids meteor showers peaked on the very same night. This year, the double celestial act will happen just days apart – with the Delta Aquarids lighting up the skies on July 28 and the Alpha Capricornids following on July 30. Here's when and how to see the shooting star shows. When to see the Delta Aquariids and Alpha Capricornids in Australia? Late July is set to deliver a cosmic double act, with two meteor showers lighting up Australian skies just days apart. The Delta Aquariids will peak first on Monday, July 28, with the Alpha Capricornids shower reaching their brightest on Wednesday, July 30. According to Associate Professor Devika Kamath from Macquarie University's School of Mathematical and Physical Sciences, the best viewing window is between midnight and 4am (AEST) from July 28 to 31, when both showers are active and the moon is mercifully out of the way. What can you expect to see on the night? At its absolute peak on July 28, the Delta Aquariids could produce up to a whopping 20 shooting stars per hour (given the sky is totally dark and clear). Although fainter, the Alpha Capricornids meteor shower is famous for producing impressively bright fireballs, and you can expect to see two to five meteors per hour – even in areas with light pollution. How to see the double meteor shower in Australia? To witness this cosmic spectacle, it helps to have a little bit of astronomical know-how. The Southern Delta Aquariids appear to radiate from the constellation Aquarius, while the Alpha Capricornids originate from Capricornus. You can use a stargazing app like Stellarium or an online sky chart to find these constellations in your local sky. These tools can help you pinpoint the meteor radiants and plan the perfect viewing spot. Professor Kamath adds, 'In the early evening, the radiants (the points where meteors appear to originate) rise in the northeast. By midnight, they're high in the northern sky, and by pre-dawn, they drift toward the northwest. Scanning this arc will maximise your chances of catching long, dramatic trails.' 🔮
Time of India
a day ago
- Business
- Time of India
Traders can go bust even when they know the outcome; Zerodha cofounder Nithin Kamath explains how
Zerodha founder Nithin Kamath , in a post shared on X (formerly Twitter), discussed the findings of an investment experiment conducted by ElmWealth , which revealed that nearly half of the participating finance students lost money despite correctly predicting market movements more than half the time. Kamath highlighted the experiment in a detailed thread, calling attention to the dangers of poor position sizing and risk management in trading. Explore courses from Top Institutes in Select a Course Category CXO Others Cybersecurity MBA healthcare Finance Data Science Product Management Digital Marketing Operations Management Technology Project Management others Management Public Policy Design Thinking Leadership MCA PGDM Skills you'll gain: Digital Strategy Development Expertise Emerging Technologies & Digital Trends Data-driven Decision Making Leadership in the Digital Age Duration: 40 Weeks Indian School of Business ISB Chief Digital Officer Starts on Jun 30, 2024 Get Details Skills you'll gain: Technology Strategy & Innovation Emerging Technologies & Digital Transformation Leadership in Technology Management Cybersecurity & Risk Management Technology Strategy & Innovation Emerging Technologies & Digital Transformation Leadership in Technology Management Cybersecurity & Risk Management Duration: 24 Weeks Indian School of Business ISB Chief Technology Officer Starts on Jun 28, 2024 Get Details Skills you'll gain: Customer-Centricity & Brand Strategy Product Marketing, Distribution, & Analytics Digital Strategies & Innovation Skills Leadership Insights & AI Integration Expertise Duration: 10 Months IIM Kozhikode IIMK Chief Marketing and Growth Officer Starts on Apr 7, 2024 Get Details Skills you'll gain: Technology Strategy & Innovation Emerging Technologies & Digital Transformation Leadership in Technology Management Cybersecurity & Risk Management Duration: 24 Weeks Indian School of Business ISB Chief Technology Officer Starts on Jun 28, 2024 Get Details Interesting experiment by @ElmWealth : 118 finance students were given tomorrow's WSJ front page 24 hours before the news broke. You'd expect easy profits. Instead, half lost money and 16% went completely bust. It wasn't because their predictions were wrong. They called market… — Nithin Kamath (@Nithin0dha) July 21, 2025 According to Kamath's post, 118 finance students were given access to the Wall Street Journal's front page 24 hours in advance over a simulated 15-day period. While the information advantage should have logically led to profits, it was noted that half of these students lost money, and 16% went completely bust. The students accurately predicted market direction 51.5% of the time, better than random chance, yet still failed to make gains. Kamath explained that the core problem was not the quality of their predictions but their position sizing. 'Many students bet huge portions of their portfolio on a single trade. Some used 20x, even 60x leverage. When they were right, they made money. But when they were wrong, they blew up. All it took was a single misstep,' Kamath noted in his post. In contrast, five experienced traders who ran the same simulation achieved dramatically different outcomes. Kamath said, 'Very different outcome: +130% average returns. Why? They knew how much to risk. They bet small when uncertain, and big only when the odds were clearly in their favor.' He emphasized that this difference boiled down to understanding the art of position sizing. Kamath pointed out a crucial takeaway: 'Even if you could predict the future, it wouldn't save you from poor risk management. Trading isn't just about being right. It's about surviving long enough to stay in the game.' Quoting from the experiment, Kamath noted that most retail traders focus primarily on predicting market direction, but smart traders focus on how much to bet and how to manage risk even when they are correct. He cited the wisdom of Ray Dalio: 'He who lives by the crystal ball will eat shattered glass.' The experiment, which referenced a theory by Nassim Nicholas Taleb, supported the view that even with early access to market-moving news, traders could still fail without disciplined risk control. Kamath concluded his post, stating, 'Because in the markets, being right means nothing if you go bust before you're proven right.' In the end, the financial industry's pursuit of better predictive models should also focus on sensible investment sizing to fully realize the potential of their strategies. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) ETMarkets WhatsApp channel )
