5: Russia

Marc Andreessen

The Pmarca Guide to Startups, part 2: When the VCs say "no"
Part 3 “But I don’t know any VCs!”
Part 4 The only thing that matters
Part 5 The Moby Dick theory of big companies

I was always wary about whether or not entrepreneurship was really for me. On the surface, it seemed unreliable and unsustainable.

I decided to baby-step into the world utilizing my spare time to pick up small freelance gigs while still holding down a full-time job. (1/5)🧵👇

— Morgan Overholt | $600k Upworker (@MorganOMedia) February 28, 2023

I’ve done $2M in income in 2.5 years as a solopreneur.

And I didn't write a single line of code.

My 14 "must use" no-code tools:

[🧵 thread]

— Justin Welsh (@thejustinwelsh) April 19, 2022

“In February alone, #TwitterDown experienced at least four widespread outages,compared with nine in all of 2022…fears that there are not enough people or institutional knowledge to triage ...problems”…@nytimes

Under the sway of a Bond villain.https://t.co/NnyNk4aqac

— Bonnie Greer (@Bonn1eGreer) March 1, 2023

I made $0 online in 2019.

3 years later:

- 100M+ impressions
- $1.7M in online income
- 4 successful revenue streams

What changed?

I started writing online every day.

Here's my simple 4-step process.

[Short 🧵]

— Justin Welsh (@thejustinwelsh) January 26, 2022

the structure of bias

— Paramendra Kumar Bhagat (@paramendra) March 1, 2023

फरक प्रस्ताव लैजाने भनिरहेको माओवादीले गर्‍यो कोशीकै पक्षमा मतदान@rajuadhikari14 reports:https://t.co/w610Atw5Oq

— Sudeep Shrestha (@sudeepshree) March 1, 2023

पहिचानको सपना देखाएको माओवादीले नै लत्तो छाडेपछि प्रदेश १ को नाम 'कोशी' राख्ने प्रस्तावमाथि बुधबार संसदमा छलफल चलिरहँदा जनता समाजवादी पार्टी (जसपा) की नेता निर्मला लिम्बूका आँखाबाट आँसुको कोशी बग्दै थियो। ...... प्रदेश १ यस्तो थलो हो, जहाँ पहिचानका लागि लामो आन्दोलन चलेको थियो। कुनै बेला ठूलो आकारको उक्त आन्दोलन अहिले खुम्चिँदै गएको छ। तर पहिचानसहितको संघीयताका लागि अहिले पनि एउटा तप्का निरन्तर संघर्षरत छ। ....... २०६२–६३ को जनआन्दोलनलगत्तै उठेको मधेस विद्रोहले मुलुकमा संघीयतालाई अवश्यम्भावी तुल्याएको थियो। त्यस क्रममा धेरैको ज्यान गएको थियो। त्यसअघि माओवादी सशस्त्र विद्रोहले पहिचानमा आधारित प्रदेशहरूको सपना देशव्यापी बनाइसकेको थियो। त्यो सपनामा प्राण भर्ने काम मधेस, थारू र पूर्वको लिम्बूवान आन्दोलनले गरेको थियो। ........ एमाले र कांग्रेस मिलेपछि नामकरण गर्न दुईतिहाइ मत पुग्थ्यो। एमालेको ४० र कांग्रेसको २९ मतमा राप्रपाको ६ मत थपिँदा आरामदायी संख्या पुग्थ्यो। यस्तो अवस्थामा फरक प्रस्ताव लैजान माओवादी तयार भएन। ........ 'नाम चाहिँ पहिचानसहितको चाहिने अनि भोट चाहिँ कांग्रेस र एमालेलाई दिने? हामीले मात्रै कति मुद्दा बोक्ने?' ......... 'माओवादी अब न पहिचानमा छ, न वर्गमा, न कुनै वैचारिकीमा,' उनले भने, 'माओवादी केवल कुर्सी खेलमा छ। त्यसैले कोशी होस् वा सगरमाथा, खास नेतृत्वका केही साँघुरा स्वार्थ सम्बोधन भए ऊ सहभागी भइहाल्छ।' ...... केन्द्रीय गठबन्धनमा राष्ट्रपति चुनावले खटपट ल्याएकै बेला माओवादी, कांग्रेस र राप्रपाको समर्थन जुटाएर नाम राख्न सफल भएको जस मुख्यमनत्री हिक्मत कार्कीले पाउने भएका छन्। ........... सत्तारूढ नेकपा एमालेको प्रस्तावमा मुख्य विपक्षी कांग्रेस, सत्तारूढ माओवादी केन्द्र र राप्रपाका सांसदहरूले समर्थन जनाउँदा प्रदेश नामकरण दुईतिहाइभन्दा बढी मतले पारित भएको हो। सभामुख बाबुराम गौतमले प्रदेशको नाम कोशी राखिनुपर्छ भन्ने प्रस्तावका पक्षमा ८२ मत परेको घोषणा गरेका छन्। विपक्षमा भने जम्मा ४ मत परेको थियो।

23: Tesla

Cutting Out Just a Muffin a Day Can Make You Age More Slowly, Study Finds cutting calories by 25 percent for two years slowed the pace of aging ...... cutting calories without sacrificing nutrients promotes healthy longevity. ....... the diet rewired multiple metabolic and immune responses to promote health. ........ We all know people who look and behave younger—or older—than their age. ...... peoples’ biological age is more predictive of their chances of getting age-related diseases, such as hypertension, diabetes, heart disease, cancer, and dementia.

This Box Wing eVTOL Will Run on Hydrogen and Have a Range of 620 Miles
This 3D Printed Community Is Printing One House per Week for a Year

23: DAO

How ‘Strategic Silence’ Helps Employees The highest-performing employees know when to speak and when to stay quiet, according to new research from Wharton’s Michael Parke that looks at how employees engage in “strategic silence.” ........ some of the highest-performing employees intentionally withhold information, ideas, or concerns until the time is right to speak up. ....... research findings challenge the predominant view that silence at work is inherently harmful. ......... employees who use strategic silence most effectively consider three factors in deciding when and how to speak up: issue relevance, issue readiness, and target responsiveness. ......... they wait until the recipient — usually a manager — is in the right cognitive (not too busy) or emotional state (not in a bad mood) to hear the message (i.e., responsiveness). ......... what they share is now perceived as deliberate, thoughtful, and well-timed. ........ employees trying to navigate the social and professional norms of their workplace, or even the mood of a mercurial boss. ....... building trust will enable more meaningful conversations, and he encouraged leaders to “check in” with their employees more frequently to establish open lines of communication. ........... Experts’ ideas should be challenged, and there should be room for healthy debate. ........ there has to be patience for low-quality voice ........ task-related strategic silence as opposed to silence on social issues, such as concerns related to diversity, equity, and inclusion (DEI). ........ organizations must ensure that employees feel confident and free to discuss DEI without fear of backlash or retaliation. ......... faking voice, where someone offers a little bit of input without full feedback or disclosure, and voice leakage, where employees talk to each other about a problem rather than directly to the managers capable of addressing it. .

Why the Medium Shapes the Message in Marketing What is the best medium for communicating with consumers? It depends on the content, according to the latest research from Wharton marketing professor Jonah Berger. ........ companies, consumers, and other marketplace actors are constantly communicating. ......... A range of marketplace actors is constantly communicating with various audiences in one way or another. ......... whether this seemingly subtle shift — speaking versus writing — might shape what we communicate. Whether the medium we communicate through might shape the message. .......... written reviews were much less emotional. ...... They use less highly emotional words and use a little bit more cognitive language explaining what something does or describing it even in positive terms. ............ Writing involves more deliberation or thinking about what to say, and that makes what we share less emotional. ......... we don’t think a lot about how the mode we’re communicating through — speaking versus writing — is changing that content. ........ The means we communicate ideas through actually change what we end up communicating by the nature of those mediums. ......... You can even think about the same idea in terms of negotiating. The more notes and things you write down ahead of time, the more organized you can be in your thoughts. ........... when you’re speaking to your boss, you’re producing content. When you’re a financial service agent talking to a prospect, you are producing content. .......... The advent of the typewriter or the computer made it easier to have written communication. Most recently, text messages made it much easier to shoot off quick missives to other people, and now even companies use those to interact with clients.............. It’s not that speaking is better than writing, and it’s not that writing is better than speaking. It depends on what you’re trying to achieve with that interaction. If you want to be more careful and reasoned, writing is pretty good. It gives you the time to construct and find what you’re going to say. On the other hand, we have a lot of data in this paper that suggests that emotional content is often more impactful in a positive way. So, if you want to be impactful, speaking can be good to be persuasive to change others’ minds. ............ If I’m a brand, for example, and I’m encouraging people to create product reviews, it might be better to get them to speak because they will be more emotional. And in many product categories, that might be more persuasive. ......... If I’m a doctor or a lawyer, you could say, “I want to reason through my arguments first. I want to write them down.” But if I want to be particularly persuasive, maybe I need to be sure that’s not sucking out all of the emotion because that may make it feel lifeless when I communicate it. .

How DAOs Could Bring Organizational Trust and Transparency Decentralized autonomous organizations -- DAOs -- hold much promise, but practitioners and governments must be aware of risks, says Wharton’s Kevin Werbach, co-author of a DAO Toolkit that was released at this year’s World Economic Forum....... “There are now hundreds, if not thousands, of these DAOs that have been created with many billions of dollars of digital assets in their treasuries ...... It raises all kinds of fascinating questions about what it means to have an organization that’s decentralized and is on a blockchain, where people may never meet each other, where they try and govern it using votes based on tokens.” ........ A Decentralized Autonomous Organization is basically a company, a firm or an organization that operates on a blockchain. Instead of using traditional legal contracts and relationships in a traditional firm, it uses the code of what are called “smart contracts,” or code that executes on the blockchain to handle the various different relationships about governance and decision-making, payments, employment and so forth. All of that happens digitally on a decentralized network. ......... You can design governance structures however you want. These are global phenomena. .......... people who don’t necessarily know each other have to figure out how to work together in this decentralized way. You have to figure out how to make decisions and vote and how to effectuate the decisions, and decide where you want hierarchy and someone in charge of particular functions versus everyone having the opportunity [to make decisions]. ........ We have centuries of work in corporate law in different countries about what the different corporate forms are. Which of them, if any, apply to DAOs? These are new kinds of corporate forms, essentially catalyzing a lot of the discussion about the nature of firms and the nature of corporate governance......... In a traditional corporation, you have a lot of structure that is imposed and is hard to change. Here, organizations can figure out potentially what the right way is to design something for their particular situation. ........ There’s [also] the positive potential that this is a new form of decision- making. ....... Many of the biggest DAOs are decentralized finance platforms ...... There’s no one who has the power behind the scenes to take the money and run. It’s a collectively governed entity. We’re seeing a lot of interest in that in the crypto space, in the digital asset trading space, in using these governance mechanisms. That’s just a starting point. The potential is incredibly broad. .......... a new and powerful kind of trust, because they are open and transparent, and you’re not required to trust one central administrator who has all the control. Potentially, they can be much more trustworthy than traditional systems. .

ChatGPT Passed an MBA Exam. What’s Next? Wharton professors Christian Terwiesch and Ethan Mollick weigh in on ChatGPT and why the controversial software has limitless potential to improve education, business, and a range of industries...... When prompted to explain the bottleneck process at a hypothetical iron ore factory in Latin America, ChatGPT aced it. ........ “Wow! Not only is the answer correct, but it is also superbly explained” ....... can produce high-quality written responses to complex questions in a matter of seconds. .......... With its incredible speed and accuracy, ChatGPT can be a powerful tool to improve the teaching process, customize learning, make business more efficient, and save precious time that could be used more productively by humans. ........

“This is going to be big, and there is reason to believe we have only seen the beginning.”

.......... ChatGPT is a “tipping point” in artificial intelligence. The technology is far better than previous iterations, making it more than just a clever toy. A wide range of people and industries can use it to conquer the mundane and free themselves to focus on more important work and innovation........ one student used it to create code for a startup protype using code libraries they hadn’t seen before. ......... “They completed a four-hour project in less than an hour” ........ “Would Chat GPT Get a Wharton MBA?” The answer is a solid “yes,” with the professor giving the chatbot a final grade of B to B-minus for its performance on a five-question experiment he designed. While the bot earned top marks on the first question about bottlenecks, it did not do as well on every question. Surprisingly, it performed the worst when prompted with a question that required simple math calculations. ......... “If you think about your computer, it might be stupid and dumb at many things, but at least it will get the math right. This was the opposite.” ....... ChatGPT does an amazing job at basic operations management and process analysis questions, including those based on case studies. The answers are correct, and the explanations are excellent. .......... ChatGPT at times makes mistakes in relatively simple calculations at sixth-grade level math. ......... ChatGPT is remarkably good at modifying its answers in response to human hints. ....... Even more remarkable, it seems to be able to learn over time so that in the future the hint is no longer needed. ........ it has the opportunity of boosting my productivity as well as the productivity of our students ........ businesses could save time and resources using the technology to generate written communication for clients and stakeholders or build customized data sets, and educators could use it to generate a syllabus or lecture notes. ......... “Bullshit is convincing-sounding nonsense, devoid of truth, and AI is very good at creating it.

You can ask it to describe how we know dinosaurs had a civilization, and it will happily make up a whole set of facts explaining, quite convincingly, exactly that.

It is no replacement for Google. It literally does not know what it doesn’t know, because it is, in fact, not an entity at all, but rather a complex algorithm generating meaningful sentences.” .