Is India Asia's ultimate 'anti-AI' trade? - Academia - The Jakarta Post

India seen as hedge against AI bubble, says Bay Capital white paper

Bay Capital flags India as AI-bubble hedge: capex hyperscaler $200-220B (2.5x 2021), 95% enterprises zero ROI from gen-AI. Capital fleeing to Taiwan/Korea but India's domestic liquidity absorbs (₹21k crore SIP, +27% AUM)—timing opportunity when AI cycle reverses.