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  • 🧠 How to Stay Alive in Business: The Power of the "Day One" Mentality

🧠 How to Stay Alive in Business: The Power of the "Day One" Mentality

Hi friends 👋 ,

Happy Monday!

Welcome to Hungry Minds, this is day 1! We are starting the newsletter and its 1st issue with 39 subscribers! Congrats, you’re early! 👀

In this week’s issue:

  • 🗞️ Discover the new open-source AI champion that beats LLaMA, how Nvidia became a trillion-dollar company with AI, and how Voyager writes its own code in Minecraft

  • 🛠️ Autonomous AI agents, free courses with the latest AI developments and a system design blueprint

  • 💡Steal this business idea: CodeCraft, an educational platform that teaches coding and programming with Voyager and Minecraft

Reading time: 4 minutes


Food for Thought

Sharpen your mindset

‘It’s always day one’.

Jeff Bezos

The quote "It’s always day one" is a philosophy that Jeff Bezos, the founder, and previously CEO of Amazon, has adopted to keep his company innovative, customer-centric, and agile. He believes that staying in a "day one" mindset means avoiding complacency, bureaucracy, and decline that can afflict large and successful organisations. He writes in his 2016 shareholder letter: "Day 2 is stasis. Followed by irrelevance. Followed by an excruciating, painful decline. Followed by death. And that is why it is always Day 1.”

Each day presents a fresh opportunity to challenge the status quo, explore new possibilities, and make meaningful progress. By adopting this philosophy, we can cultivate a culture of continuous improvement, where complacency is replaced with a hunger for evolution. It reminds us that success is not achieved through resting on past accomplishments but through an unwavering commitment to learning, experimentation, and forward thinking.


The Weekly Pulse

Tech, AI, and business news worth your time

Brief: Falcon, a new large language model (LLM) developed by the Technology Innovation Institute (TII) in Abu Dhabi, claims to be the most powerful open-source LLM to date, offering better performance than Meta’s LLaMA and commercial use under a modified Apache license.

Takeaway: This news is significant for the AI community as it shows the growing competition and innovation in the open-source LLM space, which could democratise access and enable new applications of natural language processing across various domains and languages.

Brief: Nvidia’s valuation temporarily surpassed $1 trillion due to the high demand for its AI tools from tech companies, joining the exclusive club of Apple, Microsoft, Amazon, and Google.

Takeaway: Nvidia’s success in the AI market highlights the growing importance of generative artificial intelligence in the tech industry and its potential to drive business growth and shape market trends.

Brief: AI researchers have developed Voyager, a Minecraft bot that can explore and expand its capabilities in the game’s open world by writing its own code through trial and error and GPT-4 queries.

Takeaway: Voyager’s ability to learn and adapt to its environment through self-generated code highlights the potential for embodied agents to navigate and interact with complex environments, paving the way for future advancements in household robotics and AI.

Brief: Elon Musk’s brain implant startup Neuralink has received approval from the FDA to begin human testing of its implants and surgical robot.

Takeaway: The FDA’s approval of Neuralink’s human testing marks a significant step forward for the development of brain implants and their potential to revolutionize the field of neurotechnology.

Brief: Meta CEO Mark Zuckerberg has unveiled the company’s latest virtual reality headset, the Quest 3, starting at $499 and featuring high-res color mixed reality and improved depth perception.

Takeaway: The release of Meta’s Quest 3 VR headset highlights the growing competition in the VR market and the potential for advancements in virtual and augmented reality technologies to shape the future of the metaverse.


The Rabbit Hole

Tools, trends, and resources curated to get you ahead

TREND (study)→ The McKinsey Global Survey on AI shows the expansion of AI technology's business adoption over the last five years, with AI leaders pulling ahead and expanding their competitive advantage over other

TOOL (GitHub repo)→ A dev-first open-source autonomous AI agent framework. Enabling developers to build, manage & run useful autonomous agents quickly and reliably

ARTICLE (LLMs)→ Learn how to harness the power of natural language processing with state-of-the-art models that can generate text, answer questions, and more

TREND (courses)→ Explore 3 new courses from deeplearning.ai that teach you how to use large language models, diffusion models, and open-source tools to create chatbots, question-answering systems, and video game sprites (free for a limited time)

TOOL (SaaS)Drag & drop UI to build your customized LLM flow using LangchainJS

ARTICLE (system design) → A blueprint and introduction to important concepts of system design

TOOL (SaaS)→ Unlock the power of ChatGPT across all your Mac applications (customizable templates for any task)

ARTICLE (valuable tools) → A compiled list of resources, explainers, and tools by a16z showcasing their investments in AI


What If?

The business idea you should steal

🤖⛏️ CodeCraft

(AI + Minecraft coolness)

What? An educational platform that uses Voyager, the Minecraft bot that writes its own code, to teach coding and programming skills to students and learners of all ages and levels.

How? This platform would combine the capabilities of Voyager and Minecraft to create engaging and interactive learning experiences that adapt to the learner’s preferences and actions.

Why? The coding education market is growing rapidly, as more people seek to acquire coding and programming skills for personal and professional development (the digital education market is expected to reach $3.77 billion by 2027). Leveraging the popularity of Minecraft with an interactive coding environment can enable learners to see how code works in real-time and learn from their own mistakes. The platform can also generate revenue by partnering with schools, universities, or organizations that want to use its platform for their own educational purposes.



The most important meal of your day

That’s it for today! ☀️

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Thanks for spending part of your Monday morning with Hungry Minds. This week was day 1, and it will always be.

See you in a week — Alex.