when tinder launched tinder gold (one of the most successful subscriptions of all time cuz it was pretty much ~100% margin) there was one psychological trick that worked incredibly well… you just show ppl who liked you but blur them out.
in order to reveal them, you need to subscribe. the human mind cannot handle this type emotional uncertainty, so the subscription which was expensive af to boot became more lucrative than netflix cuz they had zero supply side costs.
instagram plus is now effectively trying to create the same psychological dynamics, including private story views, & pushing your story up etc. incredibly interesting.
BREAKING: Amazon is canceling the release of Sam Altman's biopic "Artificial"
The film, starring Andrew Garfield, completed production and underwent positive test screenings, but Amazon MGM Studios dropped distribution rights amid OpenAI and Amazon's deepening $50 billion corporate partnership
The producers are currently shopping the completed film to other studios for distribution
Boomers five years ago: “I DO NOT CONSENT TO MY IMAGE OR POSTS BEING USED BY MARK ZUCKERBERG FOR META, FACEBOOK, INSTAGRAM, OR WHATSAPP TO SELL MY DATA. Like and share if you agree!”
Boomers today, for some reason: “hey I just uploaded all your baby pictures to ChatGPT and you and all your cousins look like penguins isn’t this cute I’m uploading all the grandkids next”
Personal update: I've joined Anthropic. I think the next few years at the frontier of LLMs will be especially formative. I am very excited to join the team here and get back to R&D. I remain deeply passionate about education and plan to resume my work on it in time.
South Korean convenience store GS25 is now selling AI humanoid robots.
Yes, it’s a standard convenience store like 7-Eleven, not a tech shop.
Humanoid robot: $21k
Quadruped robot dog: $3k
I think South Korea definitely reached the singularity first.
This sounds harsh but it is true, very few of the guests we have on 20VC will be remembered in history for truly progressing humanity.
Our guest today will be thought of alongside Turing, Newton, Einstein and I feel immensely privileged and fortunate to have had the chance to sit down with @demishassabis.
For anyone who feels their dream is out of reach, just keep going. The 18 year old kid starting 20VC from a bedroom with no money, 11 years ago, would not believe that I get to press publish on this.
Chase your dreams. You never know what room you will end up in!
(Links below)
seems increasingly and worryingly that there is a disconnect between what customers and the market wants and what VCs want for the sake of returns for their funds
Aaru recently reached a $1 billion valuation, making it one of a growing crop of hot companies led by people who have barely cracked their 20s. https://t.co/kGETmlxMEu
Excited for Korea Blockchain Week! @kbwofficial
Many visitors are curious about Korean food, so as a foodie I made a list for you. Let’s show how precious Korean food is!
Enjoy your meals in Korea ✨
See you at KBW!
https://t.co/gFgnVxOqw6