The Return of Mass Unemployment – Intelligent AI Bots, Expensive Capital, and Recession

Alien technology (=LLMs) promises an insane amount of efficiency and cost-effectiveness but brings a daunting shadow โ€“ the displacement of millions of jobs: AI’s ability to automate complex tasks, ranging from programming to design, significantly reduces the need for human labor in “legacy” job domains. This shift is not just limited to manual or routine … Read more

Tech Investors Arbitrage Negativity Bias

The future is bright. Yet, negativity bias is a well-documented phenomenon in cognitive science: As a result, third-party input data flowing into your brain is biased towards negativity.  From LLM training, we know what happens with input data biases – they become output biases ingrained in the neural nets. But any bias is dangerous: “What gets … Read more

Finance Gurus: Be Average, Ignore Your Tech Insights, and Buy ETFs – Is This How You Get Wealthy?

The traditional investment advice, as given by Jessica from DataTrek Research, may suit a cautious, long-term investor. Here’s the traditionalist’s pitch for a sound and safe investment strategy: Prioritize low-risk, diversified investments like ETFs tracking major indices, avoid speculative options and volatile cryptocurrencies, focus on steady long-term growth through dollar-cost averaging, $50 per month for … Read more

GPT Store Disruption – The Next Foundational Platform Will Dwarf Today’s Big Tech Monopolies

In tech disruptions, the real game-changer isn’t always the invention itself but how it’s used. Take Uber and Airbnb, for example. These aren’t just apps; they’re entire ecosystems that reshaped how we travel and stay, built upon the foundational platform of Apple’s App Store. Now, we’re at the brink of a similar revolution, this time … Read more

GPT-4’s Hindsight Portfolio for Painfully Obvious Investments Looking Back from 2030 ๐Ÿ”ฎ

My goal with Finxter is to help you stay on the right side of change. I firmly believe that in the next decades, you need to be an asset holder and owner rather than just being a worker bee being increasingly replaced by automation. But what investments to hold to be on the right side … Read more

Phind: The AI-Powered Search Engine for Developers

๐Ÿง‘โ€๐Ÿ’ป is a new search engine based on large language models that not only provides relevant search results but also generates relevant answers dynamically using either the Phind or GPT-4 model. It is specifically tailored to coders and also provides coding features like “Pair Programmer” that can help you reach higher levels of efficiency. … Read more

Human Software Developers vs ChatGPT – Who’s Better in Fixing GitHub Pull Requests?

In the age of alien technology — large language models (LLMs), advanced AI and machine learning — it’s easy to fall into the belief that human roles, especially in tasks like software engineering, are on the verge of being replaced. I’m definitely guilty of prematurely announcing various job roles dead, even though they are not … Read more

Forecasting Isn’t Enough: The Art of Riding the Change Tsunami

The Finxter mission is to help you stay on the right side of change. In this article, I’ll philosophize on the question: Why do some benefit from change while most do not? It’s tough to see through the many layers of societal and cultural obfuscation. But simplification helps, so here’s a simplified categorization into three … Read more

The War between Tech Deflation & Monetary Inflation โš”๏ธ Puts This Guardian on the Map ๐Ÿ›ก๏ธ

We live in fascinating times. Turn on the news, and it often feels like the world is on a downward spiral. Stock markets wavering, geo-political tensions, and the looming specter of inflation. But let me let you in on a secret: thereโ€™s a significant mismatch between perception and reality. The Rise and Rise of Tech … Read more

What Tech Career Would Fit Your Personality Type Based on Myers-Briggs’ 16 Personalities? (Online Tool)

The 16 Personalities refers to a modern adaptation of the Myers-Briggs Type Indicator (MBTI), which is a psychological tool that aims to categorize individuals into 16 distinct personality types based on four dichotomies: Let’s fool around with my interactive tool that cheekily predicts your tech destiny – because who doesn’t love a bit of fun … Read more

Disruptive Innovation – A Friendly Guide for Small Coding Startups

Disruptive innovation, a concept introduced in 1995, has become a wildly popular concept explaining innovation-driven growth. The Disruptive Innovation Model Clayton Christensen’s “Disruptive Innovation Model” refers to a theory that explains how smaller companies can successfully challenge established incumbent businesses. Here’s a detailed breakdown: ๐Ÿ“ˆ Disruptive Innovation refers to a new technology, process, or business … Read more