But soon, side projects started to turn into real products. Indie hackers like @levelsio and @dannypostma made apps that generate profile pictures, redecorate your house and create professional headshots. They’re now real businesses making over $1 million annual revenue.
INVESTMENT
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Replicate’s explosive growth: 2 million users, 30,000 paying customers
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The growth in tinkering and building since then has been astonishing. In the last year and a half, 2 million people have signed up to Replicate, and 30,000 of them are paying customers. Side projects turned into startups which turned into growing startups.
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Replicate Raises $40M Series B to Expand Open-Source AI Business
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Businesses are building on open-source AI. But we’ve only reached a tiny fraction. That's why we raised a $40M Series B. Open-source is open for business
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US-China Investment Disparity: Housing Sector Liability Analysis
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Counter-counter-argument: US has many more investment classes that are inaccessible to Chinese businesses and consumers. The relative value of the Chinese housing sector to other assets is a huge liability.
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Machine Learning Transforms Finance: AML and Credit Ratings Impact
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Transforming #Finance Powerful #MachineLearning Impact on #AML and #CreditRatings #AILabPage #VinodsBlog @AITimeJourna @enricomolinari @FrRonconi @ingliguori @terence_mills @BigDataGal @kath0134 @FalcMart @robrecruitsdata @mclynd @ipfconline1 @KirkDBorne vinodsblog.com/2021/03/03/tr…
→ View original post on X — @vinod1975, 2023-12-04 17:48 UTC
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JPMorgan Enters Virtual Reality and Metaverse Banking
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#Metaverse https://
efinancialcareers.com/news/2023/12/j
pmorgan-virtual-reality
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Companies positioned to win in AI if execution succeeds
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Several companies will "win" if they don't screw up.
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Only Three Actual AI Researchers on This Influential List
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Remarkably, there are only 3 actual #AI researchers/inventors on this list. It's more like a list of rich people with an interest in #AI. The Who’s Who Behind the Modern Artificial Intelligence Movement
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Resources Required: From Invention to Recognition and Impact
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You won't have the resources to make your idea real.
So you won't have a product, and you won't have publications.
The world will never hear about your invention. Without a working product or a peer-reviewed publication, the establishment (academia, industry, investors) will -
Charlie Munger’s Incentive Principle Shapes Investment Outcomes
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Charlie Munger was a remarkable figure in the world of investing. His recent passing is not just a loss for the business community but for everyone who learned from his unique insights. One of my favorite Munger sayings is: “Show me the incentives and I’ll show you the outcome.”