Matthew W. Granade

@skbjml @henrythe9ths AI Guide

@henrythe9ths AI Guide

There's a shocking fact about AI that nobody tells you: You can catch up to the public AI research frontier in just 2 weeks. Yes, really. I've built a $150M annual revenue startup over the last 8 years and If I were to start a company today, I’d drop everything and go all-in on AI. But like many busy software builders, I felt lost—overwhelmed by the noisy, crowded and fast-moving modern AI landscape. And I wasn’t alone. So I spent my entire holiday diving deep into AI research—reading 30+ papers, watching hours of lectures, analyzing trends, and catching up to the research frontier. ✨ Here’s what I learned: - You don’t need months (or years) to catch up. - You don’t need a PhD or decades of ML experience. - You need fewer than 20 papers and 2 weeks to understand the major breakthroughs shaping AI today. It's because the technology is extremely nascent and most techniques that came before are no longer relevant: - ChatGPT is barely 2 years old and Transformers are only 7 years old. - Most game-changing discoveries happened within the last 4 years, driven by a few breakthrough ideas, scaling laws, and efficient matrix multiplication. The biggest secret? Many groundbreaking AI papers with thousands of citations are surprisingly simple and applied, like adding "let's think step by step" to the prompt, or simply asking the LLM over and over again to improve its answer (Self-Refine). I realized there are tons of founders and builders in the same boat—wanting to dive deeper into AI but unsure where to start. I've created an essential AI Guide that helped me catch up, in just 2 weeks, to the frontier of public AI research to figure out where the next opportunities and gaps were: - Curated list of only the most important papers - Simple explanations of key concepts - Clear pathway to understanding the frontier of modern AI It’s perfect for: - Founders expanding into AI - Builders wanting to innovate at the frontier of AI - Investors looking to separate the signal from the noise 👇 Want the full guide? - Like and Share this post - Comment "AI Guide" - I'll send you the complete guide (ps, I’m also teaming up with @VishalVasishth, co-founder of @obviousvc with @ev (focused on large-scale societal impact companies like Twitter, Medium, Beyond Meat), to host a small meetup to discuss what's working and needs to be solved in the AI stack in SF. Message me if you're interested)

Say hello 👋 to Dash AI, the world's first affordable, instant, and secure AI knowledge assistant. PS: It's free to try!

I spoke at #Rev4 yesterday and @MatthewGranade pointed out I had spoken at 3/4 Revs! Here’s a throwback to #Rev2 talking about data science at Coatue!

The gov’t has about 48 hours to fix a-soon-to-be-irreversible mistake. By allowing @SVB_Financial to fail without protecting all depositors, the world has woken up to what an uninsured deposit is — an unsecured illiquid claim on a failed bank. Absent @jpmorgan @citi or @BankofAmerica acquiring SVB before the open on Monday, a prospect I believe to be unlikely, or the gov’t guaranteeing all of SVB’s deposits, the giant sucking sound you will hear will be the withdrawal of substantially all uninsured deposits from all but the ‘systemically important banks’ (SIBs). These funds will be transferred to the SIBs, US Treasury (UST) money market funds and short-term UST. There is already pressure to transfer cash to short-term UST and UST money market accounts due to the substantially higher yields available on risk-free UST vs. bank deposits. These withdrawals will drain liquidity from community, regional and other banks and begin the destruction of these important institutions. The increased demand for short-term UST will drive short rates lower complicating the @federalreserve’s efforts to raise rates to slow the economy. Already thousands of the fastest growing, most innovative venture-backed companies in the U.S. will begin to fail to make payroll next week. Had the gov’t stepped in on Friday to guarantee SVB’s deposits (in exchange for penny warrants which would have wiped out the substantial majority of its equity value) this could have been avoided and SVB’s 40-year franchise value could have been preserved and transferred to a new owner in exchange for an equity injection. We would have been open to participating. This approach would have minimized the risk of any gov’t losses, and created the potential for substantial profits from the rescue. Instead, I think it is now unlikely any buyer will emerge to acquire the failed bank. The gov’t’s approach has guaranteed that more risk will be concentrated in the SIBs at the expense of other banks, which itself creates more systemic risk. For those who make the case that depositors be damned as it would create moral hazard to save them, consider the feasibility of a world where each depositor must do their own credit assessment of the bank they choose to bank with. I am a pretty sophisticated financial analyst and I find most banks to be a black box despite the 1,000s of pages of @SECGov filings available on each bank. SVB’s senior management made a basic mistake. They invested short-term deposits in longer-term, fixed-rate assets. Thereafter short-term rates went up and a bank run ensued. Senior management screwed up and they should lose their jobs. The @FDICgov and OCC also screwed up. It is their job to monitor our banking system for risk and SVB should have been high on their watch list with more than $200B of assets and $170B of deposits from business borrowers in effectively the same industry. The FDIC’s and OCC’s failure to do their jobs should not be allowed to cause the destruction of 1,000s of our nation’s highest potential and highest growth businesses (and the resulting losses of 10s of 1,000s of jobs for some of our most talented younger generation) while also permanently impairing our community and regional banks’ access to low-cost deposits. This administration is particularly opposed to concentrations of power. Ironically, its approach to SVB’s failure guarantees duopolistic banking risk concentration in a handful of SIBs. My back-of-the envelope review of SVB’s balance sheet suggests that even in a liquidation, depositors should eventually get back about 98% of their deposits, but eventually is too long when you have payroll to meet next week. So even without assigning any franchise value to SVB, the cost of a gov’t guarantee of SVB deposits would be minimal. On the other hand, the unintended consequences of the gov’t’s failure to guarantee SVB deposits are vast and profound and need to be considered and addressed before Monday. Otherwise, watch out below.

YC W20's @DashworksAI is launching a ChatGPT-style Q&A engine personalized to your company's internal wikis, chats, and other apps. Best of all, it lives right inside your Slack, making it a no-brainer for modern teams: producthunt.com/posts/dashwork…

🔥Here it is! 🔥 After 100’s of hours of research and writing, excited to release the 2023 ***MAD*** Landscape (Machine Learning, Artificial Intelligence and Data) A year full of drama in the ecosystem 👇👇👇 mattturck.com/mad2023/

@dylanleclair @readwise save thread

*BOJ Meets Amid Intense Speculation Over More Tweaks* - Bloomberg *BOJ Opens ‘Pandora’s Box’ for Traders on Alert for Another Shock* - Bloomberg *Yen Traders Brace for Wildest Day Since Global Financial Crisis* - Bloomberg

@alexgarcia_atx @readwise save thread

25 Marketing Threads That Will Teach You More Than Any Marketing Class In 2023:

@joulee @readwise save thread

Start-up life = hard won insights. Here are my top 10 for this year. 1. Doing well at a start-up is not simply about skill, it is about mentality. A start-up mentality values action over correctness, results over process. It suits those that value autonomy over clarity.

@dickiebush 2022 review

Introducing The Yearly Review: Your In-Depth Reflection Guide for 2022. • Reflect on the past year • Pinpoint what worked & what didn't • Turn your biggest takeaways into content Sharing it for free until Friday. Like this tweet & reply "2022 review" and I'll DM it to you!

Implications: - SBF downgraded to millionaire - FTX becomes vassal of Binance - CZ on track for richest man alive - Coinbase gains legitimacy - the DCCPA bill dead - crypto loses credibility in DC (again) 3AC, Luna, Celsius, and now FTX The FinanceBro era is over.

Thrilled to share our third case study at @DashworksAI featuring Design Pickle🚀 We sat with @amspence85, Director of Culture and Talent Development at @designpickle, to hear how Dashworks has helped unify its global workforce of 500+ creatives. 🧵

Future Forum's public launch! FF is an experimental 4-day event on Aug 4th-7th in SF. Ft. @3blue1brown, @anderssandberg, @tamarawinter, @jasoncrawford, @eboyden3, & more. More info & apply now: futureforum.foundation Please retweet this & help us reach Twitter's far corners!

Did you hear? TruthDAO, the world’s first #Web3 news organization, will launch a first-ever Web3 News #NFT, powered by @ProjectGalaxyHQ 🚀🚀 #TruthDAO #AMA #OAT #ProjectGalaxy #read2earn gleam.io/YfYzm/truthdao…

“Across the company, according to Mr. Johnson, Domino Data makes data scientists perhaps 20% to 25% more productive, which is adding up to thousands of hours in time savings.” Read what @WSJ says our customers can do with #datascience that scales. #MLOps domino.buzz/3iBt5km

Domino CEO Nick Elprin’s latest blog post breaks down how our $100M #funding round will help hundreds of thousands of companies to achieve model-driven domination and upskill their #datascience talent. domino.buzz/3owNNWm

The paper analyzing 12.7 million tweets shows that people who express outrage on social media get rewarded by people who share their ideology, creating a feedback loop that further amplifies future moral outage. Yikes. science.org/doi/10.1126/sc…

Data science is the art of avoiding these common data fallacies.. 👇👇

“How to unleash #datascience to become a model-driven business” - Our live roundtable event featuring @tdav, @451Research’s @maslett, @johnkthompson60, @salesforce‘s Irina Malkova and Domino’s Nick Elprin takes place Aug. 19 at 9 AM PT: domino.buzz/3lNijtS

Registration is now open for “Rev 3 - THE marquee annual Enterprise #MLOps Summit” Nov. 9-11 at the Hyatt Regency Chicago. Check out our latest blog post for all the information, including keynote speakers. dominodatalab.com/blog/rev-3-key… #datascience #Rev3