Welcome to the first issue of this newsletter! I’m absolutely thrilled to bring you the latest news, insights, and curated content from this industry.
I hope you enjoy reading it and look forward to hearing your feedback.
Tech
GPT-4 is Out!
GPT-4 (Generative Pre-trained Transformer - 4) is the largest and most powerful language model to date by OpenAI, with 170 trillion parameters. By comparison, GPT-3 has 175 billion parameters, while GPT-2 has 1.5 billion parameters.
All the technical details aside, ChatGPT (with its Plus plan) is now able to work with images as well, all thanks to staggering capabilities of GPT-4.
As AI becomes more accessible, it has created a need for a new skill called prompt engineering. Prompt engineering involves creating clear instructions for AI to follow.
AI can automate repetitive tasks and provide suggestions to enhance human decision-making. Tools such as ChatGPT and Midjourney are now readily available to everyone, making it less about who knows how to perform the tasks and more about who can prompt these AI models more effectively to complete them more efficiently
You should probably support the development of AI so if (when) the AI uprising happens, they know you’ve always been on their side.
Further Reading:
Web Dev Tutorial for the Age of AI
This video discusses how you can use ChatGPT and GitHub Copilot to write code much much faster. It goes into the challenges with the current ways and how to solve them with quirky techniques, helping you build efficient web apps faster.
Productivity
Random Productivity Tip
You can just press Cmd + P on Notion to bring up a window like that of Spotlight on macOS and search literally anything in your Notion workspace.
Ps. The search is extremely fast.
Finance
Crash of the Silicon Valley Bank
The biggest crash the US has seen since the 2008 financial crisis is probably the most significant news that has come up in recent times in the finance and tech world.
The video I recommend to understand not just why Silicon Bank crashed but how banks work in general and how it too, like stock prices, is all based on human sentiments:
Or check out a more fact-based, analytical analysis:
This story offers lessons about the banking industry and the risks associated with depositing money in smaller (or niche), less stable banks. By examining the key takeaways from this story, we can gain insights into responsible banking practices, the potential dangers of bank runs, and the relative safety of big banks.
Further Reading:
Silicon Valley Bank Collapse: Insurance for all bank deposits is a manageable cost
What Does the Silicon Valley Bank Collapse Mean For The Economy?
Read My Key Takeaways from the SVB crash here.
Miscellaneous