BEYOND THE CLOUD TO EDGE AI
AI is moving to multimodal and the edge. How will that change our use of it and where it is effective?
2024.06.03
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30,788 matchesEX-OPENAI BOARD MEMBER REVEALS WHAT LED TO SAM ALTMAN'S BRIEF OUSTING
Former OpenAI board member Helen Toner revealed new details about what led to CEO Sam Altman's ousting in November in a recent interview. The board had apparently learned about ChatGPT's release on Twitter. Toner says that Altman had lied to the board multiple times. Altman was reportedly withholding information and misrepresenting things that were happening in the company for years. His lies made it difficult for the board to make decisions, leading them to think that he wasn't the right person to lead the company to AGI.
2024.06.03
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2024.06.03
LLM MERGING CHALLENGE
Sakana AI is sponsoring the LLM Merging challenge at NeurIPS this year.
2024.06.03
TRIBECA TO SCREEN SORA-GENERATED FILMS
The 2024 Tribeca Festival will feature "Sora Shorts," showcasing five AI-generated short films created using OpenAI's text-to-video model Sora.
2024.06.03
7 RETENTION STRATEGIES FOR AI COMPANIES
A guide for founders and product leaders that includes examples of how companies like Perplexity, Civit, Lapse, Omnivore, and others are leveraging them to boost retention.
2024.06.03
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The Nexo Hunt [4] is a points-based airdrop — and the more points you have, the larger your share of the rewards.
2024.06.03
US BANKING LOBBY TO TRY AND OVERTURN BIDEN VETO ON SAB 121
Just hours before President Joe Biden vetoed the repeal of Staff Accounting Bulletin (SAB) 121, the American Bankers Association (ABA) made a last-ditch effort to influence his decision, arguing that the regulations hinder banks' ability to effectively safeguard digital assets, which could harm investors and destabilize the financial system. Despite bipartisan Congressional support for the repeal, Biden used his presidential veto. The ABA claims that SAB 121 deviates from traditional custodial asset treatment and limits secure options for customers holding digital assets.
2024.06.03
MATTER LABS DROPS 'ZK' TRADEMARK APPLICATIONS FOLLOWING BACKLASH FROM LEADING PROJECTS
Matter Labs, the company behind the zkSync L2, has dropped its trademark application for the term “ZK” after receiving backlash from StarkNet, Polygon, and the zero-knowledge proof co-inventors. It had previously supported a community proposal to set up an ownerless legal entity to hold the trademark and issue free licenses to all applicants.
2024.06.03
BOLT – ENABLING TRUSTLESS PRE-CONFIRMATIONS ON ETHEREUM
Bolt aims to enable near-instant transaction confirmation by allowing block proposers to commit to their block contents before their slot. The trustless, permissionless protocol uses restaked collateral to back validator promises, allowing them to further monetize blockspace.
2024.06.03
ETHEREUM'S UX IMPROVEMENTS
It is possible to securely onboard to an L2 in a few minutes with Venmo and zkp2p. Tools like Coinbase's Smart Wallet can abstract away complexities from wallet creation. EIP-7702, slated for inclusion in the next hard fork, will introduce gas sponsorship, custom verification logic enabling 2FA, and additional security features like spending limits. Stealth addresses in ERC-5564 will enable banking-level privacy for transactions.
2024.06.03
COINBASE SMART WALLET 101
Coinbase's new smart wallet uses Account Abstraction (AA) and passkeys to allow users to create and manage a crypto wallet via Touch ID without traditional passwords or Chrome extensions. The wallet uses AA to execute transactions fully sponsored by Base (thus effectively free), making it easier for users to engage with crypto securely and efficiently with biometric authentication using a quick and simple UX.
2024.06.03
THOUGHTS ON POLYGON MIDEN
Miden uses the actor model design, a form of concurrent computation, to introduce local state change management and faster transaction processing. Zero knowledge proofs validate locally-executed transactions, meaning that transactions can be private. Miden's goal is to support privacy-oriented use cases as a ZK L2 with smart contracts programmed in TypeScript and Rust.
2024.06.03
CHANGING ADVERTISING ON FARCASTER
A new ad model on Farcaster could use open social graphs, embedded payment rails, and verifiable digital identities to give companies the ability to directly send targeted coupons to consumers' wallets. This approach would ensure that ad budgets are only spent when a sale gets converted, potentially improving marketing campaign ROI while maintaining access to consistent, open data.
2024.06.03
SOME REFLECTIONS ON THE BITCOIN BLOCK SIZE WAR
Vitalik Buterin comments on the different perspectives on the big block versus small block debate and what we can learn from them. Small blockers saw Bitcoin as a conservative chain that should only hard fork in rare cases that was trying to be a new currency, not a payment processor. Big blockers saw BTC as digital cash and thus wanted fees to be low, seeing the pivot to digital gold as a decision made by a small group of developers to profit off L2s. Ethereum learned from Bitcoin's shortcomings to create a more resilient chain.
2024.06.03
USDE CROSSES $3B IN SUPPLY
Ethena's stablecoin, USDe, reached a supply of $3 billion four months after launch, making it the fastest USD asset to reach this milestone.
2024.06.03
THE POWER OF FASTER BLOCKS
Fast blocks are better for UX and more efficient markets.
2024.06.03
UNISWAP DELAYS FEE SWITCH VOTE
After an unnamed stakeholder raised an issue about Uniswap's proposal to introduce protocol governance and enable the fee switch, the Uniswap Foundation announced it would postpone the vote indefinitely.
2024.06.03
VELOCORE HACKED – LINEA PAUSES L2
Linea halted its sequencer and block production in an attempt to halt a hacker's fund transfer after the Velocore DEX was exploited on zkSync Era and Linea.
2024.06.03
BIG NEWS: IT'S NOW MUCH EASIER TO FIND AND HIRE DESIGNERS ON DRIBBBLE
Dribbble has introduced significant updates to make finding and hiring designers easier. It has eliminated previously paid features to enhance connectivity within the community, making it free for any user to message other users and search for designers to hire. New features allow hirers to promote their open design roles or projects more effectively with highlighted and pinned job listings. Dribbble is also reintroducing the Weekly Warm-up, a design prompt challenge starting June 3rd, to encourage creative engagement and highlight standout designs.
2024.06.03
APPLE'S NON-AI WWDC PLANS INCLUDE SETTINGS AND CONTROL CENTER REVAMPS
Apple's upcoming WWDC will introduce significant design overhauls for several apps and interfaces. The Settings app for iOS and macOS will feature a cleaner UI for better organization and improved search functionality. The Control Center will be updated with a new music widget and enhanced smart home appliance controls. Messages will gain new text animation features and the Mail app will receive several improvements. The changes are aimed at enhancing user experience through refined design elements.
2024.06.03
APPARENT NOTHING PHONE 3 DESIGN LEAK HAS FANS INTRIGUED
A potential design leak of the Nothing Phone 3 has sparked intrigue among fans. CEO Carl Pei inadvertently revealed the design in a post on X while seeking feedback on updates to the Nothing OS interface. The phone in Pei's post features a new fourth button on the right side, differing from the current Nothing Phone 2 design. Speculation surrounds the button's function, with guesses including a more accessible Action button, a camera shutter button, or an AI button similar to Samsung's Bixby key.
2024.06.03
WHY DESIGNERS SHOULDN'T ALWAYS BE DESIGNERS
Simone Williams, a Content Designer at Microsoft Clipchamp, discusses her unconventional career path from journalism to various creative roles, culminating in her current position where she utilizes storytelling and design to engage users with Clipchamp's video editing tools. She emphasizes the importance of diverse experiences and backgrounds in shaping effective content design and anticipates the continued evolution of jobs, especially with AI.
2024.06.03
THE LINEAR METHOD: OPINIONATED SOFTWARE
Linear's team thrives on solid principles that streamline processes and enhance productivity. They design opinionated software that guides users toward default workflows, balancing firm opinions with customer feedback. This approach reduces complexity and encourages teams to build user-centric software by leveraging past experiences and staying adaptable.
2024.06.03
USER RESEARCH IS STORYTELLING
User research uses a three-act storytelling structure (setup, conflict, and resolution) to help stakeholders understand and address users' challenges. Foundational research identifies problems, while directional research evaluates solutions crucial for engaging stakeholders and fostering user-centered decisions.
2024.06.03
PRODUCT DESIGN ACTIVITY PLANNER (FIGMA FILE)
This UX product design activity planning kit includes 50 pre-designed activities to jumpstart a project. Designers have total control over the presentation of these activities, allowing them to tailor each one to fit their specific needs.
2024.06.03
jesseddy.comTLDR Design
FONTSOURCE
Fontsource is a collection of open-source fonts packaged into individual NPM packages for self-hosting in web applications. Self-hosting fonts can significantly improve website performance, remain version-locked, work offline, and offer more privacy.
2024.06.03
COMPRESS AND COMPARE IMAGES WITH DIFFERENT CODECS IN YOUR BROWSER
Squoosh reduces image file sizes while maintaining high quality. It processes images locally on your device for privacy and offers customizable settings.
2024.06.03
HIDING COMPLEXITY TO CREATE EFFORTLESS ONBOARDING
Slack's onboarding hides complexities to create an effortless process, which can lead to a "noisy" experience later. Regaining user attention through customization, implementing custom rules and dynamic cues, and involving decision-making can improve organization and user comfort.
2024.06.03
HOW TO ENSURE YOUR DESIGNS WORK IF YOU CAN'T ACCESS SAMPLE DATA
Content-last design can cause issues, so it's crucial to consider extreme cases through limit testing. This approach helps ensure the design handles long names, descriptions, or unusual characters, identifies potential issues, and provides insights into how the design behaves across different resolutions.
2024.06.03
THE RISE OF THE VOICE AND CONVERSATIONAL INTERFACES
Recent AI advances make conversational interfaces more natural and impactful, transforming our interactions with technology. These interfaces offer increased accessibility and personalization, and it would be a plus if we could look less at our screens. However, they come with challenges like task efficiency and AI reliability, which must be carefully considered.
2024.06.03
HIGHLIGHTS FROM AMSTERDAM ART WEEK
Amsterdam Art Week transformed the city into a vibrant hub featuring works from over 300 artists across 70 galleries, museums, and project spaces.
2024.06.03
THE UK IS LOSING ITS CREATIVE SPARK
A recent report underscored the significant underrepresentation of working-class individuals in the UK's creative sector.
2024.06.03
HOW A DESIGNER TURNED A COMPLEX MATHEMATICAL EQUATION INTO A GORGEOUS, ORB-LIKE HANDBAG
Nikolas Bentel's thought-provoking design approach has given birth to a new chrome handbag that blends digital and physical realities.
2024.06.03
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2024.06.03
RIP SOFTWARE - THE WORST SENTIMENT EVER
Investor sentiment towards software companies has reached an all-time low, with many big cloud names experiencing massive stock price crashes following their earnings reports. The fear is that generative AI may disrupt the software model by reducing the cost of software generation to nearly zero, potentially eroding the premium charged by these companies over time. While software companies are investing heavily in AI, the payoff remains uncertain, and the durability and profitability of AI-generated revenue compared to traditional software revenue are still in question.
2024.06.03
WILL THIS BE PERPLEXITY AI'S MOAT?
The AI industry is rapidly evolving and various companies are competing for user loyalty through differentiated offerings. Perplexity AI has launched a new feature called Pages that enables users to collaborate with AI to create rich content from scratch. While the tool is easy to use and can quickly generate pages with source links, it has limitations such as hallucinations, unreliable sources, and difficulty in manual editing. The success of Perplexity Pages will depend on its dataset, which cannot be easily replicated by competitors, and whether it can create a unique user experience.
2024.06.03
TRUMP CALLS IT AN 'HONOR' TO JOIN TIKTOK
Donald Trump, who previously sought to ban TikTok due to national security concerns, has now joined the popular video-streaming app. Despite still considering TikTok a threat, Trump believes banning it would only benefit Facebook, which he considers an "enemy of the people." The former president's presence on TikTok could be an important avenue for reaching younger voters ahead of the election, as nearly a third of Americans under 30 get their news from the app.
2024.06.03
THE MVP DEATH SPIRAL
Focusing on building a minimum viable product (MVP) with a predefined set of features often leads teams into a vicious cycle of constantly reprioritizing and adding new features in a desperate attempt to achieve product-market fit. This "MVP Death Spiral" stems from treating features as real, tangible things that can be controlled, rather than focusing on the messy, unpredictable behaviors of customers. To escape this spiral, teams should shift their perspective from a supply-side tactic of picking the right features to a demand-side strategy of enabling the right customer behaviors that make them awesome.
2024.06.03
HOW TO GET TO $10M ARR
Scaling a startup from $1M to $10M ARR requires evolving from a founder to a founder-CEO. This involves establishing a structured hiring process, delegating to the team while staying hands-on, and defining a culture built to scale. It also necessitates constructing a well-oiled go-to-market machine by fueling demand generation, turning sales into a data-driven process, maturing the product offering, and obsessing over delivering measurable customer outcomes. The key is to start building these capabilities early by diving in, experimenting, and learning by doing.
2024.06.03
2024 SAAS CUSTOMER ACQUISITION BENCHMARKS
The latest Benchmarkit report for 2024 reveals that the median CAC Ratio for acquiring new customers has remained stable compared to the previous year, despite the broader market not cutting back on sales and marketing expenses. However, the report also shows a significant 45% year-over-year increase in the Customer Expansion CAC Ratio, indicating that obtaining more revenue from existing customers has become more challenging and expensive.
2024.06.03
EBITDA
What is EBITDA and where did it come from?
2024.06.03
NOWADAYS AI
Nowadays AI is an AI-powered event planning copilot that simplifies corporate event organization.
2024.06.03
DORA
Generating powerful websites, one prompt at a time.
2024.06.03
COLLABORATION WILL STRENGTHEN THE SUPPLY CHAIN
The supply chain industry has faced significant challenges in recent years, with disruptions and stalled growth leading to the downfall of both startups and long-standing incumbents. However, a new focus on collaboration, driven by advanced technology and generative AI, is set to revolutionize the industry and drive the next wave of growth. Innovative companies across manufacturing, distribution, shipping, logistics, and retail are leveraging AI and shared data to optimize workflows, break down silos, and capture efficiencies, paving the way for a more collaborative and prosperous future in the supply chain sector.
2024.06.03
THE TWO FOUNDATIONAL MODELS TO FIND PRODUCT-MARKET FIT
This article presents two foundational models for understanding and achieving product-market fit. The first model, "Case Study Replication," emphasizes the importance of focusing on a single customer's journey and replicating that successful case study where the customer actively seeks out the product. The second model, "Unfolding," describes the iterative process of refining the case study through selling and serving customers, making necessary adjustments to create a coherent and effective approach to product-market fit.
2024.06.03
OUR THESIS ON AI VOICE AGENTS
Artificial intelligence is poised to revolutionize phone calls, enabling voice agents to handle interactions for both businesses and consumers. For companies, this means cost savings, increased efficiency, and improved customer experiences, while consumers gain access to affordable AI-powered services like therapy and coaching. The most exciting opportunities lie in developing vertical-specific B2B voice agents and creating novel B2C voice experiences that go beyond simply replacing human-to-human conversations.
2024.06.03
“GOOD” EXIT STRATEGY FOR SAAS COMPANIES RAISING SEED
When pitching to VCs, avoid explicitly including an "exit strategy" slide, as it can make you appear less committed to long-term growth.
2024.06.03
WHAT MOST INVESTORS GET WRONG AT SEED
A common but flawed approach to seed investing is to focus solely on team credentials and market size, deploying capital before hypotheses are clear.
2024.06.03
AN AUDITING STARTUP PRODUCED 2024'S BIGGEST VC-BACKED M&A EXIT. WHO COULD BE NEXT?
A software investor recently acquired auditing platform provider AuditBoard for over $3 billion, marking the largest purchase of a U.S. private, venture-backed company in 2024.
2024.06.03