“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 […]
This is an interesting take published in Harvard Business Review. Summary: “To understand the value of Apple’s new goggles, it’s helpful to think about how virtual reality (VR) and augmented reality (AR) correspond to two fundamental tasks in decision making. […]
From the Hacker News forum: “Ask HN: Is it just me or GPT-4’s quality has significantly deteriorated lately?” My anecdotal experience aligns with this. I’ve been especially disappointed using it for code the past month or so. ~ learn more
Actually it’s 7 charts and then a paywall, but they are interesting. One is a chart of .ai domain registrations, which went bonkers in December 2022 and has since settled way down. ~ learn more