CrowdStrike stock is now about 25% off from its price before the outage
ECONOMY
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Model Commoditization Shifts Market Focus to Cost-Quality Trade-offs
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Agree. As models get commoditized, they all kind of start looking similar. Once they exceed the quality bar for production, I don't think people care that much after (becomes a simple cost-quality trade off — give me the cheapest that meets my bar).
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Investing in Distributed Creator Intelligence Over Concentrated Resources
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I'd be a lot more inclined to invest $10M into 2000 creators. The distributed intelligence and creativity of the crowd feels underutilized.
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India’s Fintech Revolution: Digital Payment Innovation Ahead
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Each time I visit India from Singapore, it feels like stepping into a futuristic fintech utopia. At payment counters, I feel like a dinosaur. While people flash all kinds of fancy payment options, I nervously take out my credit card, silently praying ‘please don’t judge me’!
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LLMs Have Become a Commodity in Their Current Form
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LLMs, in its current form, has truly become a commodity.
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Venture Fund Returns: 2.7x to 5.5x Multiple Performance Analysis
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'Its first fund in 2013 returned net multiples of 2.7 times the invested capital; the 2014 fund did 5.5 times; the 2017 fund did 5.4 times, and the 2019 fund has so far returned 1.9 times on its investments.'
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Millionaires at Salesforce Tower: Tech Wealth and AI Economy
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(lady talking into Airpods as she walks into the Salesforce Tower in SF): Millionaires? You can find them.
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YouTube Revenue Misses Targets Amid TikTok Competition Pressure
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YouTube misses on ad revenue estimates in Q2 (but it was still a $8.66 billion business that grew YoY) Competition from TikTok a key issue facing the video platform.
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AI Predictive Analytics Enhancing Financial Planning Strategy
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Are your financial forecasts accurate and timely? AI can enhance financial planning and analysis with predictive analytics. How could more precise forecasts improve your financial strategy? #Finance #AI
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Google Reverses Cookie Phase-Out Decision: What It Means
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Google just announced it's keeping cookies, after all (the tech firm was previously planning to phase them out). What even are cookies, though? And what does keeping them in place mean for internet users and advertisers? Here's what you need to know: