China Isn’t Fighting a Trade War. It’s Dismantling the West.
China is not playing by the West's rules. It’s not negotiating. It’s not retaliating. It’s dismantling — the dollar, the supply chains, the brands, even the minds of Western youth.
The threads today are incredible - Mark Leonard's biz secrets, AI Apps at scale, Xi's rule, GPT-4 capabilities, Silicon Valley Bank Bust Shocker
The greatest mark of business success is to build organizations that can self sustain and together the whole is greater than the parts. Mark Leonard, CEO of Constellation Software, took $25 mn investment in software in 1995 and is now currently valued at $49 bn. The process, the principles of this man are worth noting and learning from.
This guy acquires companies for breakfast, lunch, and dinner.
— Luke Sophinos (@lukesophinos) March 14, 2023
But never sells them.
The coolest software billionaire you've never heard of 🧵 pic.twitter.com/qqONnQuu83
Do you want to build the next generation AI apps? Well, go to https://www.tryleap.ai/ and start creating your models to generate images that can be done at scale for any subject. The results are stunning!
Instagram is dead.
— Santiago (@svpino) March 14, 2023
In the next 3 - 5 years, every single image in social media will be generated by AI.
And here is the kicker: It will be impossible to tell fake from reality.
I wrote a few lines of Python code to show you how screwed we are:
The dictatorship of Xi and his people. This is a very instructive tongue-in-cheek thread of how deeply and pervasively Xi has come to control China.
3.14 The "Two Meetings" formalizing Xi's increased dictatorial control have been declared a success!
— Phil Cunningham (@jinpeili) March 14, 2023
Nowhere was the ten-day long televised extravaganza of red-carpeted entrances, talking heads and extensive applause watched more closely watched than in military quarters. pic.twitter.com/5WW6ElsnFT
Open AI has launched GPT-4. These features are now available in ChatGPT & Bing.
“GPT-4 is a large multimodal model (accepting image and text inputs, emitting text outputs) that, while less capable than humans in many real-world scenarios, exhibits human-level performance on various professional and academic benchmarks,” OpenAI wrote on its website.
GPT-4 is available on OpenAIs subscription service, ChatGPT Plus, which costs $20 a month.
What are some of its capabilities?
GPT-4 can generate text and accept image and text inputs — an improvement over GPT-3.5, its predecessor, which only accepted text — and performs at “human level” on various professional and academic benchmarks. For example, GPT-4 passes a simulated bar exam with a score around the top 10% of test takers; in contrast, GPT-3.5’s score was around the bottom 10%.
Here is a very useful thread on this. Just check it out, its phenomenal!
Breaking 🚨
— Shubham Saboo (@Saboo_Shubham_) March 14, 2023
OpenAI just dropped GPT-4 and it can literally blow your mind 🤯
GPT-4 is a large multimodal model that can accept image and text inputs and emits text outputs.
Capabilities of GPT-4 in a thread 🧵👇 pic.twitter.com/MCfRf6KKec
What happened with the Silicon Valley Bank? There are banking norms, and SVB was in compliance.
For all intents and purposes, they appeared to be in compliance with capital requirements, their balance sheet was constructed of very strong HQLA (High Quality Liquid Assets) and looked like they could very easily handle a stressed outflow.
The rumors and the run down because viral and suddenly it was a slippery slope. What was being done with elections, and even with Adani - was also probably orchestrated with the SVB.
I worked in bank liquidity and treasury for the better part of the last decade, and there is one very interesting risk factor from the SVB collapse that I do not think we have ever witnessed before in modern finance, a 🧵:
— professorstam.eth (@ProfessorStam) March 12, 2023
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