The biggest danger of too much venture capital is the removal of constraints and masking of uneconomic models. It’s very important to let customers determine if you have a viable business (profitable revenue), not powerpoints (funding rounds).

One of the reasons companies routinely do 3 layoffs instead of one is they are almost all afraid to “cut too much.” They fear “hitting bone.” But they VASTLY underestimate how resilient companies actually are. Companies endure. (More).

The digital camera to photography is what ChatGPT is to media content...lots of jobs are going to become irrelevant and yet the best authors (much like the top 1% of photographers) will be valued for their craft

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it costs $0.00 to make an intro between two people that could change everything for them.

Congrats to our friends at Alaska Airlines !

Your vending machines simply don't operate on this level. You're not ready for it.

Chart of the day

Everyone is gambling, all the time. The "risk takers" have the courage to attempt something and gamble with the possibility of failure. The "risk averse" avoid failure, but gamble with the opportunity cost of what they could have achieved—had they found the courage to try.

Neuroscience term of the day: ‘Emotional Granularity’ In other words, if we don’t have a concept to describe an emotion, we won’t be able to perceive it — or to quote Wittgenstein: 'We cannot enter the territory for which we do not have the language’

will the automation of everything we do online make the real world more or less appealing?

Is Amazon the real winner with open.ai taking off??? #AWS

The majority of VCs are herd followers...this causes spikes of capital injection into one area. 90% of investments done in AI/ML right now are all based on hype vs. fundamentals. Patience and discipline pay off. (source of graph: angellist.com/blog/the-state…)

Seed investing isn't coming back... at least not as it existed in the last decade.

staysaasy.com/management/202… well said

In 2001, Warren Buffett gave a talk at the University of Georgia. He asked them the most Warren Buffett question ever: • If you could invest in a friend and get 10% of their income for life -- who would you pick? Once the students answered the question, he then asked this:

Figure 01 has learned to make coffee ☕️ End-to-end AI system, trained in 10 hours, just by watching humans make coffee Our neural networks are taking video in, trajectories out Join us to ship a fleet of AI robots: figure.ai/careers

The future of education is coming!