From writer and investor Ben Evans. “ChatGPT and generative AI will change how we work, but how different is this to all the other waves of automation of the last 200 years?” ~ learn more
This mirrors my (very limited) personal experience. “At least one study shows how the June version of GPT-4 is objectively worse than the version released in March on a few tasks.” ~ learn more
A bit of publicity almost killed this startup, Bobbie, by drawing the attention of regulators to their pilot. This is the story of how they turned the situation around and capitalized on the moment. A couple years since this article […]
“Large language models enable fracking of documents. Historically, extracting value from unstructured text files has been difficult. But LLMs do this beautifully, pumping value from one of the hardest places to mine.” ~ learn more
“There is nothing inherently “wrong” with venture capital. Its impact and ability to fund, and rapidly scale, businesses is undeniable and highly valuable. But there is an underlying business model driving behavior that many overlook or ignore until they can’t […]
“So the Vision is a device pulled forward from years into the future, at a price that reflects that. It’s as though Apple had decided to sell the 2007 iPhone in 2002 – what would the price have been?” ~ earn more
“In a recent video, The Kilowatts partnered with Whole Mars Blog (Omar Qazi) and Arash Malek to see what happens when Tesla’s FSD Beta, Waymo, and Cruise all compete to see who can get around San Francisco faster and with […]
“In my opinion, the creator economy thesis fell apart because investors had a fundamental misunderstanding of what risks they were underwriting. They didn’t understand the media industry, they didn’t understand creators’ needs, and they totally missed that this was a […]
The last one blew up a few minutes into its flight. Maybe this one will too. For most people this probably gets batched in as a cool novelty with the rest of the incrementally cool rocket launches. But when they […]
The funds from 2016-2019 are returning cash at a much slower pace, on average, than the funds from pre-2016. It’s getting in the way of future fundraising for the venture investors. “The pressure to send money to LPs is driving […]