The Manhattan high-rise that shrunk itself down – Link here
Jim Cramer versus the world – Link here
Everything You Can’t Have – Link here
by Morgan Housel, mainly its about “Your brain just wants dopamine.”
A few years after leaving office, Richard Nixon mentioned that the richest people in the world are some of the unhappiest, because they can afford to never struggle.
India’s Malayali expats are brewing a mini liquor boom in the West – Link here
They have launched drinks such as Kalikut 1498 beer in Poland, Maharani gin in Ireland, Mandakini Malabar Vaatte in Canada, Komban beer in the UK—all in the past seven-odd years. The latest product, simply called Malayali beer, was introduced in Poland in November.
“We planned to sell 2,000 bottles in the first six months but sold out in two weeks. That, too, almost 100% to Malayalis. People were driving up from various parts of Canada. Today we sell around 3,000 bottles a month,” Abish Cherian said.
meanwhile, expects Poland to be the next Dubai for Malayalis
The Economics of All-You-Can-Eat Buffets (YouTube) – Link here
The AI Bubble of 2023 – Link here –
In a research note Wednesday, UBS analyst Lloyd Walmsley points out that the suddenly wildly popular natural language chatbot ChatGPT, created by the start-up OpenAI, backed by Microsoft was on pace to surpass 100 million monthly active users in January, up from 57 million in December.
Walmsley notes that it took TikTok about nine months from launch to reach 100 million users, while for Meta Platforms’ Instagram, it took about 2.5 years. “We cannot remember an app scaling at this pace,” the analyst adds. He says ChatGPT is averaging more than 13 million visitors a day, more than double the level in December.
Walmsley adds that he’s heard venture-capital investors speculate that the market for generative AI applications could be as large as $1 trillion. He notes that the world has over one billion knowledge workers; OpenAI charges $42 a month for the professional version of ChatGPT. If you assume every one of those people gets two accounts—one general, and one specialized—you get close $1 trillion.
How the Wealthy Save Billions in Taxes by Skirting a Century-Old Law – Link here
Why submarines are way scarier than you think (YouTube) – Link here
Our Business Is Killing – I never understood why veterinarians are at such a high risk of suicide. Until I became one – Link here