Dan Lombard

Engineer @

[Dan Lombard @daniel_lombard]

We love to see it! Backing these fellas to build something epic!

[Sachin Shah @Sachin_Shah_]

Couldn’t be more excited to share that I’m making the jump from investor to founder!

After an amazing 1.5 years of venture with the best team in the game (I’m biased), I’ve decided to go to follow a naive childhood dream and jump to the other side of the table.

[killian @hellokillian]

●

In less than 48 hours, over 200+ engineers and designers have reached out to join this project.

Over the next six weeks, we are going to collectively build the world's first open-source Language Model Computer (LMC).

We will also publish a family of standard protocols to advance the LMC ecosystem as a whole.

The 01 design will be an attempt to build the Linux of this space—open, powerful, and free as in freedom.

The core team is in Seattle. We start Monday.

[Santiago @svpino]

2 billion people use spreadsheets every month. Their lives are about to change.

Here is ChatGPT integrated natively on spreadsheets. It's one of the best applications of AI that will spread in 2024.

You now have access to:

• Generate content based on other cells
• Summarize, translate, and rewrite
• Analyze reviews at scale
• Reformatting and extracting information
• Enriching existing data

And it's as simple as using ChatGPT as a spreadsheet formula.

This is @NumerousAI. They collaborated with me on this post. Their tool came out in March last year. I think it will explode in the coming months.

Check it out here: https://t.co/kaS0Oqsa5e.

[Compounding Quality @QCompounding]

My 10 favorite investment tweets of 2023

1. A book called shut up and wait by @morganhousel:

[Jax Vullinghs @VullinghsJ]

The press doesn’t like writing positive stories, so we did it instead…

[Dan Lombard @daniel_lombard]

Great piece by @eladgil on AI regulation.
"Regulation tends to squeeze much of the innovation and optimism out of an industry. It is no mistake that many companies stop innovating when the baleful eye of a regulator settles upon them.“

https://t.co/AI8ocyVagy

[Cailyn Y. @cailynyongyong]

Started reading docs from @langchain and #BabyAGI by @yoheinakajima last night, today in less than a few hours I built a site with their Agent that creates a list of tasks and searches Google for me. ENDLESS possibilities 🤯

(really simple version👇)

[Dan Lombard @daniel_lombard]

At @airtreevc, we’ve embraced the recent advances in Artificial Intelligence (AI) in our workflows and are excited to share how we’ve used AI in our investment processes. Some may surprise you.
https://t.co/eWAbhmF9U0

[SMB Attorney @SMB_Attorney]

I’m a lawyer.

I use ChatGPT daily.

I feel like causing some chaos in my profession.

The following is PART ONE of a series I’m calling:

“Things ChatGPT can do right now that (maybe) you no longer need to pay lawyers for!”

[*Please see the disclaimers at the end]

[Aadit Sheth @aaditsh]

Drop all your cool AI projects below 👇

[Rowan Cheung @rowancheung]

ChatGPT represents only a fraction of the best AI tools.

I search through over 100+ new AI tools every week, so you don't have to.

Here are this week's 10 most useful ones that you've never heard about: (all new)

[Romeen Sheth @RomeenSheth]

Early career years are painful.

You feel like an idiot 98% of the time - lost, confused and insecure.

I wish I had a cheat sheet of principles for my first job.

So I put one together.

Here are 20 (non-fortune cookie) things about building a career I wish I knew sooner:

[Dan Lombard @daniel_lombard]

@khemaridh Surprised @MacroAlf isn’t popping up here more. He’s brilliant!

[Greg Brockman @gdb]

We’ve added initial support for ChatGPT plugins — a protocol for developers to build tools for ChatGPT, with safety as a core design principle. Deploying iteratively (starting with a small number of users & developers) to learn from contact with reality: https://t.co/ySek2oevod

[Dan Lombard @daniel_lombard]

+1 to this excellent roundup of resources! Thanks @_alexbrogan

[Alex Brogan @_alexbrogan]

To succeed in the future, you MUST learn AI.

Here's a list of 15 top resources to get up to speed (for free):

[Dan Lombard @daniel_lombard]

@abhim_eth @Ananya__1997 @BrownBaddiesNFT Congrats Abhi! This is epic! 🔥

[Dan Lombard @daniel_lombard]

@PaddyG96 Tutorials of AI art platforms

[Sam Altman @sama]

GPT-4 was truly a team effort from our entire company, but the overall leadership and technical vision of Jakub Pachocki for the pretraining effort was remarkable and we wouldn’t be here without it

[Ben Armstrong @_BenArms]

Silicon valley bank is down

No one really knows how long this will take to work through and in the meantime there is the potential for panic and contagion.

Stay calm but wary.

Some things you ought to do now:

[Dan Lombard @daniel_lombard]

The best explanation on the SVB situation

[Jamie Quint @jamiequint]

An explainer on what is going on with Silicon Valley Bank:

- In 2021 SVB saw a mass influx in deposits, which jumped from $61.76bn at the end of 2019 to $189.20bn at the end of 2021.

- As deposits grew, SVB could not grow their loan book fast enough to generate the yield they wanted to see on this capital. As a result, they purchased a large amount (over $80bn!) in mortgage backed securities (MBS) with these deposits for their hold-to-maturity (HTM) portfolio.

- 97% of these MBS were 10+ year duration, with a weighted average yield of 1.56%.

- The issue is that as the Fed raised interest rates in 2022 and continued to do so through 2023, the value of SVB’s MBS plummeted. This is because investors can now purchase long-duration "risk-free" bonds from the Fed at a 2.5x higher yield.

- This is not a liquidity issue as long as SVB maintains their deposits, since these securities will pay out more than they cost eventually.

- However, yesterday afternoon, SVB announced that they had sold $21bn of their Available For Sale (AFS) securities at a $1.8bn loss, and were raising another $2.25bn in equity and debt. This came as a surprise to investors, who were under the impression that SVB had enough liquidity to avoid selling their AFS portfolio.