The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 855 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 9 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Staniszewski: Over 10,000 Companies Worldwide Build Voice Agents on ElevenLabs
“Like we actually have 500 companies that build voice voice agent variations just in India. And then now I think over 10,000 across, across the world that, that usually they would create their own website or website delivery.”
Staniszewski: ElevenLabs voice agents automate 60,000 customer support calls for Meesho
“So we help automate their customer, customer experience, customer support. So they have now 60,000 calls coming in to ask about the products, ask about shipping, refund, and hand the in in English, and we help We created a voice agent that you can interact wit…”
Staniszewski: ElevenLabs paid over $11M to its 10,000 marketplace voice creators
“Now we have 10,000 voices created this way and we paid back over eleven million dollars coincidentally back to that community.”
Staniszewski: No consumer social product has successfully enabled AI today
“There's no yet, there's no product in the space on the consumer space that has like AI enabled in the right way. So in the, it's like, there's no AI social product today.”
Kamath: Foreign countries are rapidly repatriating gold from the US Federal Reserve
“That is happening in the US now. People are bringing gold back from the Federal Reserve into individualistic countries. In, in a big proportion actually.”
Kamath: Traditional Indian real estate firms are aggressively rebranding as data centers
“Data centers have gotten to such a point that most old school real estate companies in India today have begun to claim their data center companies and not real estate companies.”
Amodei: Interpretability research has identified concept neurons and rhyming circuits in LLMs
“We've been able to find, you know, neurons that correspond to very specific concepts, neural circuits that correspond to, you know, keep track of how to do rhymes in poetry, and so we're starting to understand what these models Do, right?”
Kamath: Gen Z is spending significantly less time on social media
“Data shows that the youngest of people, age group, 16 to 20, 22, are spending lesser time on social media, significantly lesser.”
Harari: Historically over 50% of all government budgets funded the military
“For most of history, more than 50% of the budget of every government in history, the Roman Empire, the British Empire, the Athenian democracy, whatever, more than 50% of the budget goes to the military.”
Al Olama: UAE Rulers Hold Weekly Direct-Access Majlis Meetings for Citizens
“The Majlis happens weekly.
Every single week, people go and meet with, you know, the ruler of Dubai, or the ruler of Abu Dhabi, they meet with the president, they actually speak, they sit and see others, they share ideas, they share concerns, they share, ah, i…”
Al Olama: UAE led global high-net-worth individual inflows for three consecutive years
“Look at the Henley index for the migration of high-network individuals. So the highest inflow of high-network individuals in the world was to the UAE and, you know, to Dubai and Abu Dhabi for three years in a row.”
Al Olama: Appointed as UAE Minister of AI at age 27
“The announcement came out that I became Minister of AI. And I was 27 at the time.”
Dalio: Gold historically yields approximately a 1.2% annualized real return
“Gold is over a period of time, a low returning asset class like cash. It'll produce, it has produced, and for logical reasons, it produces about a 1.2% a year Real return.”
Dalio: Natural disasters and pandemics have killed more people than wars
“Droughts, floods, and pandemics have killed more people than wars and changed more orders.”
Rahman: Home recording studios did not exist in 1980s India
“No, those days, studios means, like, the big halls where 90 people can play together. The concept of home studio never came.”
Rahman: The soundtrack for 'Roja' sparked the 1990s Indian music trend shift
“The trend happened because of Rojo. There was a denial that, oh, this won't last. And I think there was a denial constantly.”
Adcock: Figure AI has shipped three robot generations in 3.5 years
“We're about three and a half years old now. We've shipped now three generations of humanoid robots. And we've been able to demonstrate that humanoids can do, like, useful human-like work now, fully autonomously, and in most cases, like, with neural nets all th…”
Adcock: Figure humanoids have run commercially at BMW for five months
“We have a commercial customer here in the U S we've now been running with for over five months now every day.
we put this out publicly.
It's with BMW.
That's a fully onboard onboard system that's doing all the reasoning onboard of what the robot should do.”
Adcock: Actuator and battery improvements allow fully electric humanoid robots
“We've now had torque density and power density of actuators and battery systems get good enough where you can run, like, fully electric systems instead of hydraulic systems, and that makes the robot smaller, lighter weight, quieter, faster like, you can run, t…”
Deshpande: Top management consulting teams cost ₹2+ crore per month
“Couple of crores a month for a good team.”
Deshpande: Mosquito Repellent Drove ₹3 Crore of Mamaearth's ₹5 Crore Monthly Revenue
“So, Mama Arath was doing four or five crores a month, and they were doing three crores of mosquito repellent.”
Deshpande: Hair care is $7B–$8B in India, mostly hair oils
“Hair care is seven to eight billion. Of which majority is oil by the way.”
Deshpande: Indian skincare market is $6 billion including mass brands
“Skincare is six billion, which includes, by the way, Dove, Ponds, everything.”
Modi: India's beauty sector is growing at 10% to 11% annually
“So they're all growing between 10 to 13%, because beauty, beauty is growing at a 10%, 10 to 11%.”
Shantanu Deshpande: The fragrance industry is shifting towards unisex products
“Then the world is moving towards unisex, by the way.”
Modi: Global beauty brands produce mini product versions specifically for India
“In beauty, the mini and travel size is just, it's a whole business on its own. And in fact, this, a Bobby Brown area manager told me this, that India is a mini capital of the world. Like global brands have produced their best sellers, particularly for India, b…”
Deshpande: 70% of Colgate India's business comes from 10-12 rupee packs
“Look at Colgate. It's a 6000 crore company. 50% market share. The most successful penetration brand possible. 70% of the business comes from 10 to 12 rupee toothpaste.”
Modi: India's prestige beauty market is valued at $800 million
“The prestige market is 0.8 billion USD.”
Bombay Shaving Company reaches 500 crore INR net revenue profitably
“And today we are now 500 crores net. Profitable. EBITDA and PAT both.”
Kamath: Lack of listed Indian players to invest in beauty sector
“As a investor, strangely enough, there aren't enough listed Indian players which allow you allocation into this category.”
Sharma: India's initial economic opening began in the early 1980s, before 1991
“The first sign of opening up in India happened, in fact, in the early 19 eighties. You know, people would usually associate India's opening up in 1991, right? When the big reforms took place with Narasimha Rao, Manmohan Singh. But there was also a phase in the…”
Sharma: Sustained 8-9% economic growth originated with East Asian model
“This model of growing at 8:09 percent a year Is very much an East Asian economic model. Before that, there were very little examples of countries growing at that pace.”
Sharma: American optimism about out-earning parents dropped from 80% to 30%
“Only about 30 to 40% of Americans today feel that they can have a better life than their parents. But back in the fifties and sixties, when the American dream was really shining, every American thought, virtually 70 to 80% of Americans thought that they, you k…”
Sharma: Incumbent Reelection Rates Exceed 50% in Major Emerging Markets
“If you look at around the world, from Indonesia, to Brazil, to other countries, you find, even Mexico and stuff, you find that the incumbent in general, the chance of the incumbent winning has now gone up by more than 50%.”
Sharma: The Term 'Anti-Incumbency' Was Coined in India
“The word anti-incumbency was in fact coined in India from what I know. You know, like my sophologist friends Pranoy Roy and Dorab Soparivala with whom I travel on election trips.”
Kamath: Physical gold storage and insurance in India costs roughly 30 bps
“The cost of insuring vaulting gold is maybe, in India, I know the price is, maybe the actual cost is about 30 bips. At scale, it would be even lower. That is lower than managing cryptocurrencies in a way.”
Sharma: Karnataka had India's sharpest state per capita income rise over 10-20 years
“What I do is I maintain a rank of all the states, ah, and where they stand on their per capita income and what the movements have been over time. So Karnataka has seen the sharpest movement in the last 1020 years, in fact.”
Sharma: Bihar grew rapidly from 2005-2015 but has returned to stagnation
“There was a 10 year phase when Bihar seemed to really grow very rapidly, which was from 2005 to 20 15. But it's gone back into stagnating.”
Sharma: Indian economic reform momentum flagged after 1993 as pressure eased
“In, you know, like, 91, 92, 93, we saw lots of reforms. And then, once the pressure was off, that momentum began to flag.”
Sharma: Putin speaks English well but will never speak it publicly
“He knows English very well, but he'll never speak in English ever.
He'll only speak in Russian in, in like public.”
Sharma: The US dollar regularly experiences 30% to 40% cyclical declines
“If you look at the last, ah, you know, 50 odd years, right, since we've had freely floating exchange rates, it's not that even when the dollar's been the dominant currency in this, as far as if the dollar always goes up, there have been very significant period…”
Sharma: Following 1978 reforms, China's state employment share fell to 30%
“When Deng Xiaoping began economic reforms in China in 1978, the government was practically more like the entire economy. It, the government's share in the economy, if you look at employment and other things, over the next 3040 years, fell to about 30%.”
Sharma: China's debt as a share of GDP matches the United States
“In fact, today, China's debt today is, ah, like consumer debt or the debt of the share of its economy is same level as America, even though America is, you know, a much richer economy and stuff.”
Sharma: International stock markets are up 20% year-to-date versus 8-9% for US
“So the American stock market, even after this big comeback is up about eight, nine percent for the year. The international stock markets in dollar terms are up 20%.”
Sharma: US equities have seen multiple 10 to 15 year zero-return periods
“Even the US market, remember, has gone through many periods, when the real return on equities has been zero for 10 to 15 years.”
Sharma: Manufacturing accounts for the largest share of India's 200 billionaires
“Today the maximum number of billionaires in India today are manufacturing. About 200 billionaires in India today. About, I think, forty-odd are in manufacturing.”
Das: Anthropic focuses on text models and enterprise clients over multimodal media
“They very distinctly do not really do much outside of text-to-text models. So less audio stuff, video stuff things like that, and that's really their primary focus, and in terms of a business, they just serve enterprise customers primarily.”