I gave Claude the descriptions of 400 of the latest Y Combinator startups & asked it to generate on-trend startup concepts based on them. Some interesting ideas.
(As a general principle, this type of few-shot prompting, where you give the AI examples, is an effective technique)
To understand Musk's renewed obsession with X and focus on financial services, you REALLY need to understand the X/Confinity merger that became PayPal.
And, particularly, the Peter Thiel-led coup that kicked Musk out as CEO/Chief Strategist.
Here's how that happened. 1/🧵
The most Influential Biases on your Decision-Making:
1. Illusion of Skill - We regularly confuse luck with skill because we solely focus on outcomes.
2. Recency Bias - We tend to put too much weight on recent events.
3. Anchoring - Our judgment is heavily screwed by the first information we are given about something.
4. Regression - We love to see cause-effect relationships where none exist.
Everything, always, regresses to its mean!
5. Hindsight Bias - In retrospect, events seem more predictable than they actually were.
6. Halo Effect - You either like or dislike everything about someone or something. Nothing in between.
7. Loss Aversion - Losses weigh twice as much as the equivalent gain.
Because of that, we reject gambles where chance would favor us.
8. Commitment Bias - We have a tendency to remain committed to our past behaviors and opinions.
Particularly when expressed publicly, even if they do not have desirable outcomes.
9. WYSIATI - What you see is all there is.
You can't consider what you don’t know.
Paradoxically, knowing less also increases your confidence about being right.
What Bias did I miss?
These 37 documentaries have shaped my thinking and changed my behavior over the last several years. I revisit them often.
They were all featured in 5-Bullet Friday, my free weekly newsletter, which I send out each Friday to ~1.5–2M subscribers. Each edition describes the coolest things I’ve found or explored that week in five short bullet points. This often includes books, gadgets, tricks from experts, articles, and weird stuff from all over the world.
I hope you enjoy the following gems as much as I have…
See the list here: https://t.co/Pv5n3IBTl4
truth of doing great things:
all the good ideas will be copied.
it’ll always come down execution at the start, and structural advantage later on.
unfortunately, competition is inescapable
Sam Altman said this skill may turn out to be very valuable:
"Prompt Engineering".
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