The Daily Index — Wednesday, May 24, 2023 · TLDR Index

Across today’s newsletters

Today’s Index

TLDR

ALLOWED TO WORK FROM HOME, A NEW POLL SHOWS

According to a recent poll from Washington Post and Ipsos, over half of fully remote workers in the US would take a pay cut to keep working from home. A majority of workers would return to the office for a salary bump. 80% of workers polled would go to the office a couple of days a week for more pay. Several tech leaders, including Elon Musk, have taken a harsh stance on remote work. Workers in some companies, like Amazon, Disney, and Starbucks, have started petitions and protests to reverse return-to-office policies.

archive.ph · 3 min

TLDR AI

WHITE HOUSE TAKES NEW STEPS TO STUDY AI RISKS

The White House said on Tuesday that it would ask workers how their employers use artificial intelligence to monitor them, as it allocates federal investments in the technology, which is expected to change the nature of work.

archive.ph · 2 min

TLDR Web Dev

UX BEST PRACTICES FOR DEVELOPERS

User experience is an essential aspect of any website or application. Developers play a huge role in building a positive user experience. As a web developer, it’s good to understand the principles of UX and how to apply them to your designs. This article will provide a comprehensive guide to UX for web developers, including best practices, tips, and tricks to create a user-friendly website.

bit.ly · 14 min

TLDR Crypto

AN UPDATE ON TOKENIZED SECURITIES

Tokenized securities, digital versions of traditional assets like T-bills, ETFs, or stocks, are gaining traction with a market cap of over $220 million, facilitated largely by platforms like Ondo and Matrixdock. They offer a way to invest in low-risk traditional financial instruments using crypto assets like USDC, attracting on-chain treasury capital. Most tokenized assets are issued on Ethereum due to its large capital base. While the process of investing in these assets is not as efficient as the TradFi system yet, it’s easy to envision infrastructure being developed that will make it orders of magnitude more efficient in the future.

threadreaderapp.com · 2 min

TLDR Founders

VENTURELAND

Top publicly traded software companies have seen a surge in stock prices due to falling interest rates and expanded multiples, even though most of these companies reported weak earnings and projected weak outlooks.

tomtunguz.com · 2 min

TLDR

ALMOST 200,000 JOB CUTS IN TECH PUSHES NEW GRADS TO WALL STREET

Many young people who had dreamed of working in tech are now turning to finance.

archive.ph · 5 min

TLDR

MICROSOFT EMPLOYEES BLAST PAY AND MORALE IN INTERNAL MESSAGES TO EXECS

An employee made a spreadsheet showing how Microsoft's CEO Satya Nadella made 289 times the pay of the company's median employee in 2022.

archive.ph · 8 min

TLDR AI

LONG AWAITED RWKV PAPER

Transformers displaced recurrent neural networks as the primary tool for most text based tasks. However, these Transformers are expensive and limited in context due to the architecture. RWKV is an attention variant (vaguely reminiscent of linear attention) that claims to have the best of both Transformers and recurrent models. The Discord is quite active, but there hasn't been a formal write up of this hyped model. This paper is the first to explain the model in depth.

arxiv.org · 25 min

TLDR AI

GOOGLE CEO: BUILDING AI RESPONSIBLY ALL THAT MATTERS

An op-ed by Google CEO Sundar Pichai in which he discusses how Google is building AI responsibly, with a specific focus on developing guardrails, creating smart regulation, and fostering international cooperation.

archive.ph · 3 min