The economy is capital and labor. Historically, intelligent labor has been the limiting factor. With the rise of LLMs, generative AI, and robotics, labor is poised to become infinitely scalable. The bottleneck of intelligent labor is now resolved. Each time we remove a bottleneck from a system, a new bottleneck emerges. The new bottleneck in … Read more
What is a LLM? 💡 From a technical standpoint, a large language model (LLM) can be seen as a massive file on a computer, containing billions or even trillions of numerical values, known as parameters. These parameters are fine-tuned through extensive training on diverse datasets, capturing the statistical properties of human language. However, such a … Read more
👨🎓 Source: This first appeared in my free email newsletter. The successive application of very simple computational rules is the underlying mechanism that builds the Universe: “[…] The ultimate machine code of the Universe – yes, it’s computational. Computation isn’t just a possible formalization, it’s the ultimate one.” – Stephen Wolfram The human brain calculates … Read more
👉 This email is written on 02/07/2024 as part of the free Finxter newsletter. Join >100k tech enthusiasts! Here’s The Script™ society wants you to follow: Work hard, be disciplined, study (and study some more) – and reach success. Well, society has no money-back guarantee (unlike Finxter). More importantly, you won’t get the lost time … Read more
👶 “A 4-year-old child has seen 50x more information than the biggest LLMs that we have.” — Yann LeCun (Professor at NYU) source Feel free to listen to the interview with top-notch AI experts including Yann LeCun here: What are some implications from this that help us to be positioned on the right side of … Read more
The tech community is abuzz with discussions about the Rabbit R1 Device, featuring a Natural Language OS. There’s a growing anticipation around this device, especially due to its potential to revolutionize how we interact with technology. The Rabbit R1, reportedly equipped with a large language model (LLM), offers a new level of speed and efficiency, … Read more
Application 1: Personalized Learning Platforms These platforms use AI to analyze a student’s learning style, pace, and performance, adapting the content accordingly for a more tailored educational experience. For example, Application 2: Intelligent Tutoring Systems These systems simulate one-on-one tutoring by providing immediate feedback and customized instruction. Application 3: Automated Essay Scoring This application leverages … Read more
Where change is the only constant (alien technology LLMs!), it’s easy to get caught up in a cycle of chasing the next big thing. However, Amazon’s former CEO, Jeff Bezos, offers a different perspective useful for navigating our careers, enhancing productivity, refining our mindset, and looking toward the future of business and technology: Jeff Bezos: … Read more
If you’re like me, you want to check out the newest Midjourney version before it’s officially integrated into the default model. Maybe you like the previous version more. In this short guide, I’ll show you how to see and change your Midjourney version. Go! 👇 Step 1: Open Midjourney or Midjourney Bot in Discord. Step … Read more
💡 TLDR: Do you want to stay on the right side of change? Become an investor. Be reactive, i.e., if somebody needs something from you, give it to them. Embrace the little things that ChatGPT cannot do just yet. Be grateful you’re still needed. Most of us fear the same thing: AI taking on more … Read more
Large Language Models (LLMs) can sometimes feel like alien technology. In other words, we don’t fully understand how they work or what they’re truly capable of. It’s akin to stone-age people trying to use advanced alien technology, occasionally causing it to spark, leaving us in awe of its magical capabilities. Through billions of trials and … Read more
Two days ago, I shared this blog article with you and other Finxters: 🧑💻 Recommended: The Return of Mass Unemployment – Intelligent AI Bots, Expensive Capital, and Recession In the email, I wrote: “As a business owner, I’d rather hire one skilled prompt engineer than ten graphic designers.” I already expected to get some pushback … Read more