According to CNN "ChatGPT can pick stocks better than your fund manager"
So we're putting it to the test by setting it up with a real $50K portfolio
Will this outperform Buffett?
Following along for more to come 👀
The music industry is about to change forever.
This AI-generated song created by "ghostwriter977" is blowing up on TikTok.
It features AI Drake ft. The Weeknd, and is SO good. Sound on 🔊👇
I wrote the most important GMI in its 18-year history a few weeks ago, The Everything Code. I'm clearly not going to give it away on Twitter but this might make you think... it is a very small excerpt of a 140-page report.
The billionaire VC who scaled Facebook to 1B users:
Chamath Palihapitiya.
Recently, he shared his prediction on the next evolution of social media.
Here's why content creators will be the billionaires of the future:
A new era of global polarization...
From BRICS' new currency plans to trade in the Chinese Yuan... let’s take a look at recent events that have significantly propelled this trend.
A 🧵👇 (1/10)
This AI moment of GPT4, paLM-E, and Stability AI is literally a nuclear deflationary bomb and is by far and away the biggest deflationary shock the world has ever seen, in the shortest ever period of time too, and is easily the biggest technology shift humanity has ever faced (maybe exceeding that of the nuclear bomb itself).
As Microsoft rolls this technology out into Microsoft Office, it will scale to over 1bn users in probably months, changing the nature of work, forever.
Nothing has ever happened like this before and we are all spinning to get our heads around what this means... for literally... everything.
The disruption to knowledge workers is beyond our imagination, both good (productivity) and bad (less jobs).
The opportunities it offers by leveling the playing field for poorer countries is also a systemic shock.
The genie is out of the bottle and it is not going back in.
Bitcoin still >$20K after one of the largest crypto exchanges in the world blew up, one of the largest crypto hedge funds in the world blew up, bank run and liquidation of the primary crypto banking partner, fastest tightening cycle of monetary policy ever, and more.
Why?
Fascinating thread.
(Not dunking. Ethereum too will have to work hard to get widespread adoption of L2s for in-person payments. Getting the UX right is very much not an easy problem, and we should learn from existing experiments)
First half of 2023 will not be much easier for investors.
No positive catalysts around the globe. Tough economic conditions worldwide will likely extend the #crypto#winter for the foreseeable future
#BTC#ETH#cryptowinter#SBF_FTX
#SBF_FTX fallout is really hard to comprehend..
Around a 10-100X magnitude worse than the #DoKwon#Luna#Terra fallout in May this year.
Hope all investors are protected during these times and are able to receive their funds back. Should be a sign to get crypto off exchanges