IMPORTANT UPDATE
"AI174 of 02 November, operating from San Francisco to Delhi via Kolkata, made a precautionary landing at Ulaanbaatar, Mongolia, after the flight crew suspected a technical issue en route. The aircraft landed safely at Ulaanbaatar and is undergoing the necessary checks. We are working closely with our partners to support all passengers while we make efforts to get everyone on their way to the destination at the earliest opportunity. We regret the inconvenience caused to passengers due to the unforeseen situation. At Air India, the safety of passengers and crew remains a top priority."
– Air India Spokesperson
The economist makes an ambiguous attempt to solve the falling inflation puzzle - Why inflation fell without a recession https://t.co/SVU826OOcw from @TheEconomist
Significant progress in AI and Robotics this week.
Big developments from Apple, OpenAI, Luma Labs, NVIDIA, Stanford, Northrop Grumman, Google DeepMind, Stability AI, and Microsoft.
Here's everything that happened and how to make sense out of it:
Now that Google is finally starting to impress on their product, their distribution advantage will kick in shortly. A good reminder: when distribution is proprietary, distribution wins (Comcast vs Netflix), when distribution is commoditized, best product wins (chrome vs IE), when product is commoditized, best service wins (Amazon vs others), when service is commoditized, best network wins.
Love this book. Annie Duke references it a number of times in her decision making curriculum. My favorite is the framing effect and could be useful to analyze for founders. How we frame or define a problem can change the solution…any thoughts or contradictions?
If you are building consumer products and you haven’t studied all the great behavioral science books (including this great one), you really don’t understand the surface area you are tilting against.
It’s really crazy how I get DMs from college kids who are disillusioned with coding since they think no one will code anymore.
While founders are messaging me saying they can’t hire engineers fast enough.
Software engineering isn’t going anywhere folks.
Agents will make everyone a creator but you’ll still need editors. And if you have good taste, your product will still shine against boilerplate.
I learnt to code 17 years ago and have not professionally written much code in the last decade - but the knowledge is still extremely helpful today to understand what’s happening under the hood.
So stay at it, keep learning and keep building 💪
Astrophysicist and Nobel laureate Subrahmanyan Chandrasekhar used to travel 80 kilometers every week from the Yerkes Observatory to the University of Chicago, where he taught a course attended by only two students. When asked why he spent his time this way, the professor replied that they were very good students.
In 1957, Lee Tsung-Dao and Yang Chen-Ning were awarded the Nobel Prize in Physics. The course taught by Subrahmanyan Chandrasekhar became the only course in history where all its attendees received a Nobel Prize.
I interviewed 12 very successful founders about how they developed leadership skills? The answers surprised me…Nope, not HBS, McKinsey or training programs.
The answer was that they had to organize volunteers at a young age. Some led church groups, student orgs, local activism, science fairs or local sports teams. All had to get other people to do things without any real authority and no comp.
CEOs: if you have a 10+ person remote team spread across the US and are brainstorming a place to get together for a company offsite, consider Mexico City. Hearing that it's much more cost effective than any US city, and MC's culture, people and cuisine make for a phenomenal combination.
Both my kids have progressed from no Spanish to intermediate Spanish (zero support from my end), completely based on Duolingo. I also introduced Duolingo to a couple of underprivileged Hindi-native students in India for English and they have developed a good intermediate level understanding (not confident English speakers yet). Without a human teacher or accountability mentor, I would say it’s good progress..