Kevin's Founder's Letter last year inspired me to start publishing Founders' Letters in Not Boring. He's back with a one-year letter on the progress, challenges, and why withco is "fighting to keep the big dream of small business alive in America."
ECONOMY
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AI Acceleration Pace Leaves Many Companies Behind
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The degree of future acceleration in AI right now is bonkers One day in AI feels like a week in “normal business time” These relativistic effects mean that some companies will accomplish what would normally take 3 yrs in 1 yr And unfortunately, many others will be left behind
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Meta’s ChatGPT Competitor: Different Market Reception
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Two weeks before the arrival of ChatGPT, Meta released its own bot. The reaction was very different, @MikeIsaac and I report:
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Paying for ChatGPT: Understanding the Business Model
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Turns out, you are just paying for chatting with ChatGPT
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Baidu Stock Surges 15% After Announcing Ernie Bot ChatGPT Competitor
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The ChatGPT theme is making waves on the global stock markets with @Baidu_Inc stock jumping 15% after the company announced Wenxin Yiyan (or Ernie Bot in English.) #BaiduErnieBot #ErnieBot #ChatGPT #AIChatbot http://
ow.ly/PJs450MLICm -
The Billionaire’s Folly: Must-Read Tech Critique
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I clearly need to read The Billionaire's Folly
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Startup Prediction Markets and NFT Essay Monetization
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If a Startup Prophecy Market comes to be, will this essay be worth something some day? If you think so, you can collect it on @viamirror (I'll donate the proceeds to charity): https://
notboring.mirror.xyz/fQPyuXi1g-PbG2
0tCaQU_AfhWFBVFqfkLS0Y8w3P-eY
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NFTs as Economic Incentives for Startup Quest Selection
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My guess is that NFTs associated with the ones that become important will be worth more than those for the ones that simply become valuable. That's a feature. Startup Prophecies might disproportionately reward Good Quests: https://
piratewires.com/p/choose-good-
quests
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Prophecy Markets: The Future of AI Prediction and Investment
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Today's essay is a riff on @js_horne
's Prophecy Markets, one of my favorite ideas in a long time.