In his address to the graduating class of Northern Arizona University, Bill Gates expressed admiration for their hard work and dedication. He urged them to channel their education toward positively impacting the world’s most pressing issues. Gates inspired the graduates to use their knowledge and skills to create meaningful change and contribute to the betterment of society.Continue reading
Category Archives: Business
The framing effect is a cognitive bias where people react differently to the same information depending on how it is presented.
This effect can be used in business and personal life to influence people’s decisions and behaviors.
At Meta, it is one of the critical ways of thinking for managers. You wish to lead by doubling down on people’s strengths, which is a superpower that brings results and happiness.Continue reading
Stripe 2022 Annual Letter
Annual letters give us a glimpse into the minds of the founders. It’s an excellent way to understand what drives them and their companies.
Stripe is a financial services company that provides payment processing, software development, and risk management tools for businesses of all sizes. In February 2023, Stripe released its annual letter, which provides an overview of the company’s performance in 2022 and outlines its plans for the future.
The letter, written by Stripe’s co-founders, John and Patrick Collison, contains valuable insights for founders.
“The world is a museum of passion projects”John & Patrick
ChatGPT/Bard And The Future Of Your Job
AI tools like ChatGPT and Google Bard are designed to automate specific tasks and make them more efficient.
Some jobs will be eliminated (e.g., customer service, lawyers, software developers, designers), but in other cases, these tools will likely change the nature of the particular role that a person is doing and require workers to adapt to new technologies.
In other words, “if you can’t beat it – join it.”Continue reading
Get Things Done – Lessons From Yahoo, Google, Netflix And Meta
Google, Meta, and Netflix are part of a small elite group of innovative and successful tech companies of our time. They have made a name for themselves in business and technology. All these companies are pioneering new technologies, products, and services.
Google’s search engine is a household name synonymous with finding information online. The mission is to “organize the world’s information and make it universally accessible and useful.” They are doing a fabulous job on that. However, the future is still determined by Google’s Bard and the competition with OpenAI and Microsoft.
Formerly known as Facebook, Meta is a social media giant connecting billions worldwide. Meta has not only revolutionized the way we communicate and interact with each other, but it has also changed how businesses and brands reach out to their target audience.
Meta’s acquisition of Oculus has given the company an edge in the virtual reality space, and the prospects of the Metaverse are still in the ‘dust’ – but it will be interesting if the future looks like “Ready Player 1”.
Netflix has disrupted the entertainment industry by offering a subscription-based streaming service and investing in original content. How will the competition with HBO and Disney shape the future? That’s a good question.
But what can we learn from them?
In the following slides, I focused on essential aspects.
If I missed something, please let me know.
Berkshire Hathaway Shareholder Letter 2022
Like every year, it’s a pleasure to read the words of wisdom from Warren. His annual letter gives us a glimpse into his mind and how he sees the world. It’s fascinating, and each time is surprising. Warren is an excellent writer who put a smile on my face.
I’m looking forward to watching his ‘Investing Carnaval’ at the beginning of May.
OK, here are the parts I enjoyed most:Continue reading
OpenAI API – 101 Tutorial
OpenAI is a research organization focused on developing advanced artificial intelligence technology, and one way it achieves this is by making its technology available to developers through APIs.
This blog post will explore what OpenAI API is and how to use it from Node.js – We will show a few examples you can take and combine with your current applications.
Other good examples to explore the API are at openai.com.
What is OpenAI API?
OpenAI API is a powerful tool allowing developers to access cutting-edge AI models that OpenAI researchers train.
It’s (also) a mouthful, no?
These models can be used for various applications, including natural language processing, translation, image recognition, chatbots, etc.
The OpenAI API is designed to be easy to use, with a RESTful API that can be accessed using any programming language.
It also includes pre-built models that can be used out of the box and the ability to train custom models using your own data.
A few years ago, I had the honor of managing a hedge fund with my brother. We used to discuss what options and strategies we should leverage. It’s a known fact that if you buy and hold, you will improve your probability of being profitable.
However, if you are a hedge fund, you wish to use some options strategies to boost your profit when the market is going up, down, or sideways.
Options strategies can be an effective tool for investors looking to increase their return on investment. Many strategies have the potential for significant gains, but the plan with tremendous profit potential is often considered a long-call option.Continue reading