Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

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Sunday, 7 December 2025

AI: Democratizing Entrepreneurship

AI: Democratizing Entrepreneurship

The recent news about Bill Gates' daughter securing a remarkable $30 million for her AI app is truly fascinating. What's even more striking is that Bill Gates (be@breakthroughenergy.org) himself has opted not to invest, and his daughter has chosen to work a helpdesk job. This blend of high-level innovation and hands-on, ground-level engagement speaks volumes about the authentic spirit of entrepreneurship in the AI era. It's a powerful statement about understanding the user experience from the very foundations up.

I've always believed that true progress stems from such direct engagement and independent vision. The core idea I want to convey is this — take a moment to notice that I had brought up thoughts and suggestions on the pervasive influence of technology and the importance of user-centric innovation years ago. I had already predicted how technology would democratize opportunities and empower individual ventures, and it's striking how relevant those earlier insights still are. Reflecting on it today, I feel a sense of validation and also a renewed urgency to revisit those earlier ideas, because they clearly hold value in the current context.

This entrepreneurial journey reflects the broader integration of AI into every corner of our lives. We've seen how companies like IndiGo are transforming customer service with AI chatbots such as 6Eskai, as highlighted by Summi Sharma (summi.sharma@goindigo.in) in my blog, "Chatbots - some for businesses, some for humanity". In that very blog, I also envisioned the rise of personal virtual avatars, a concept that empowers individuals to perpetuate their digital presence.

The assertion by Infosys's CTO, that almost every business deal today has some form of AI embedded, resonates deeply with what I've consistently articulated about AI's irresistible allure in my blog, "AI Embedded: Infosys". This isn't just a corporate trend; it's a fundamental shift enabling individual innovators to build impactful solutions.

My reflections on the evolving business landscape go back decades. In 1989, I submitted a report titled "Quo Vadis?" to S.R. Subramaniam and N.M. Desai at L&T, where I spoke of a "business-war" of global dimensions, driven by "space-age technologies." I urged preparedness for these massive changes. It's noteworthy that S.N. Subrahmanyan, the current Chairman of L&T, recently emphasized the need for staff to be ready for "massive changes" and to "speed and scale with the change," echoing those very sentiments, as I discussed in "The more things change, the more they remain the same". The spirit of adapting to change and harnessing technology for efficiency is as crucial now as it was then.

Furthermore, the insights from Peter H. Diamandis (peter@a360.com) regarding the declining costs of production and the dawn of a "Low Cost Economy" align with my own long-standing views, articulated in "Low Cost Production and AI". This reduction in barriers is precisely what enables independent, innovative ventures like the one we are discussing today to flourish.

This story is a powerful affirmation that the future belongs to those who embrace change, leverage technology, and maintain an independent, hands-on spirit. The world of AI is not just about grand corporate strategies; it's also about individual ingenuity making a profound impact, starting from the ground up, much like a helpdesk.


Regards, Hemen Parekh


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