Saturday 27th April 2024
  • Moderna's CEO Says Staff Should Consult ChatGPT 20 Times a Day

    OpenAI is seemingly everywhere now--its ChatGPT system is in the vanguard of bringing AI to the masses. It's also laced through the workings of pharma giant Moderna, thanks to a deal weaving OpenAI tech deeply into the fabric of the company. So much so that Moderna CEO Stéphane Bancel says his staff should be making the most of the investment in AI and using it a lot.

    Assuming a typical eight-hour workday, that means Bancel expects his staff to ask OpenAI's chatbots questions at least two, maybe three times every hour--an AI interaction rate that could easily, with some back-of-the-napkin estimates, eat up 10 to 15 minutes of work time each work hour. Maybe more.


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  • How This Small Business Hit $1 Million in Revenue With a Simple Service: Kids' Gym Class

    He thought his kids' schools didn't have effective resources for teaching PE online--in fact, those resources didn't seem to exist at all. Instead, the schools had a patchwork of YouTube videos and online curricula, but nothing like the online resources that had been developed for academic subjects.

    Titus, who was working in finance at the time, spotted an opportunity and in 2020, along with a group of friends and fellow parents, began dreaming up Hiveclass, a company that would provide high-quality sports and PE education over video.


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  • The FCC Just Restored Net Neutrality. One Lawmaker Says It's Especially Important for Startups

    Net neutrality aims to preserve online free expression by directing internet providers to treat all online communications equally That means internet service providers can't favor one web page over another. For example, an internet service provider couldn't slow down internet speeds for eBay web traffic and offer a quicker connection for those perusing Amazon's web pages.

    "It is about ensuring that monopoly or duopoly broadband providers cannot squash competition, squeeze consumers, and squish the little guy," Markey told Inc. "Net neutrality is especially important for startups that could otherwise be shoved into online slow lanes, a serious disadvantage in today's digital world."


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  • More Bad News for the Fed: Its Favorite Inflation Gauge Increased More Than Expected in March

    Inflation is showing little signs of cooling. The core personal consumption expenditures price index, the Federal Reserve's favorite inflation gauge, held steady last month, and that's still too hot for comfort.

    The core PCE price index, which strips out the more volatile prices of food and energy, rose by 0.3 percent in March, in line with the 0.3 percent measured in February, according to data released by the Bureau of Economic Analysis on Friday. Over the past 12 months, the core PCE index has increased by 2.8 percent, keeping pace with data published in February. Economists had forecasted an annual increase of 2.7 percent. 


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  • 6 Strategies for Improving Your Business Reputation Online

    Every business fears that a single angry and unfair customer can jeopardize their business by a very negative post on Yelp, Better Business Bureau, or one of the hundreds of other consumer complaint and review sources on the internet. Most owners and leaders don't even know how to keep track of what people are saying about them on the web, much less how to respond or remove it.

    Web reputation management, both business and personal, has become a top priority initiative. On the personal side, these items can kill your career or family life, so I recommend that you start by Googling your name regularly, to see yourself as others see you. Luckily, the basic principles for reputation management are the same for both business and personal environments:


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  • This New Startup Wants to Help Founders Find Angel Investors

    Johnson is a serial entrepreneur with two multi-million dollar exits for her businesses (No Subject) and Create & Cultivate, while Vuong, a digital product leader, helped scale the real estate company Open Listings to $4 billion in transactions. Their new business, Los-Angeles-based Cherub, is a new platform aimed at helping startups and angel investors connect.

    Cherub, which officially launched on March 8, helps entrepreneurs get introduced to potential angel investors via a dating app-like interface and machine learning--"think Raya for deal flow," says Johnson. Its founders raised $1.1 million in--you guessed it--angel investments last year to bring the app into existence.


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  • Salesforce Co-Founder Parker Harris on Why AI Keeps Him Up at Night

    While the Salesforce co-founder has directed leaders at the enterprise software behemoth to move as quickly as possible to integrate AI into its products, Harris is concerned about balancing the need for speed with the company's track record delivering high-quality solutions to clients. Striking that balance has even kept him up at night.

    "I have anxiety that the speed at which AI is going, I've never seen anything like it," Harris said at Salesforce's World Tour event in New York City on Thursday. "I feel like we've gotta go faster. We can't hold back, we can't worry. And yet, we have to worry, because our customers trust us to help them in the best way possible." One of the questions he said he's been asking himself when it comes to AI is, "How do I go as fast as possible and not make mistakes along the way?"


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  • More Women Work in Nonprofits. So Why Do Men End Up Leading Them?

    The term “glass escalator” refers to the finding that men in female-dominated occupations often experience a faster and smoother rise to the upper levels of leadership than women. Why does the male advantage persist? Systemic power dynamics and gender stereotypes are pervasive across industries. Because of these stereotypes and incorrect assumptions, even in fields where there is an abundance of qualified women for leadership roles, men continue to be singled out and fast-tracked. The author offers several best practices that have been shown to tamp down the escalator effect and promote gender equality.

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  • How to Answer an Open-Ended Question from a Job Candidate

    Interviewers should prepare for interviews just as thoroughly as candidates do. Being equipped with compelling stories and setting aside dedicated preparation time, such as 30 minutes beforehand, allows interviewers to mentally prepare and be fully present during the interview. Like with candidates, it’s not only the content of what is said that matters, but also the manner in which it’s conveyed. Demonstrating enthusiasm for the company and the position can leave a lasting impression on candidates, instilling confidence and enthusiasm in their decision-making process.

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  • Sale or No Sale, TikTok Will Never Be the Same

    The end of TikTok has begun. As the dust settles from a week of shockingly fast legislative action by the US Congress, it’s clear that TikTok next year will look much different from the TikTok we’re using today.

    When President Joe Biden signed a $95 billion dollar foreign aid package on Wednesday, it brought to life a nightmare that has haunted TikTok for more than four years. If TikTok’s Chinese owner, ByteDance, refuses to divest its stakes in the company, the United States will ban the app nationwide. The signing started the clock, giving TikTok 270 days to find a new owner. (As The Washington Post’s Cristiano Lima-Strong noted, TikTok’s time will run out the day before Inauguration Day 2025.)


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