This will be my 4th Crypto bull market.

I've watched people get wiped out each cycle due to greed and lack of discipline.

Here's my best advice for how to succeed in the coming bull market 🧵 1) Don't become over-exposed.

Big accounts will tell you to put your life savings into crypto so that you can make life-saving money... Don't.

These accounts are either lying or have survivorship bias.

I never allow my holdings to become more than 15-20% of my net worth.

Rebranding from Twitter to X was a brilliant business move by @elonmusk

A lot of people think this is a mistake, but they couldn't be more wrong.

By the end of this thread, you will understand why 🧵 https://t.co/FDIMmNUoKKtwitter.com/i/web/status/1…
Let's begin by understanding Twitter's business model as a Social Media platform:

-Twitter drives new USERS to its site

-It convinces these users to have more SESSIONS by serving engaging content

-It then makes REVENUE by selling those eye balls to advertisers

🔮Prediction: Zuck's new app will be shut down in 12 months or less.

Everyone seems to think it will be the Twitter killer, but that couldn't be further from the truth.

Here's how I think it plays out... https://t.co/B9raBIXSpgtwitter.com/i/web/status/1…
Let's first begin by understanding WHY Zuck decided to strike at Twitter right now

He senses weakness because:

-Many brands/journalists/media outlets do not like Elon's politics

-There's been some recent stumbles at Twitter (rate limiting)

-Twitter's debt limits its options

The EU just passed the first draft of major AI laws known as the "AI Act"

Non-compliance could cost companies $43 million in fines!

Let's dive into more details 🧵 twitter.com/i/web/status/1… The EU has always been a leader when it comes to internet regulations.

The GDPR laws passed in 2016 remains some of the most comprehensive around data protection.

So it's no surprise to see them already on top of AI.

But what is their approach?

🚨A looming problem in AI: Model collapse

As most of you know, large language models (LLMs) rely on data to train on.

Usually this is supplied by human sources, but this is quickly changing... twitter.com/i/web/status/1… As generative AI has taken off, the internet has been flooded with AI-generated content.

This content is then being fed back into the LLMs to train on.

Why is this problematic?

I think @Apple's #WWDC23 event is going to be a game-changer.

I'm expecting major AI announcements + an iPhone-like moment with the VR headset.

I'll be live tweeting the event as it goes down. Follow along here 🧵 @Apple Maybe I'm overthinking it, but the energy already feels different for this event.

Upbeat music + this cool shape-shifting Apple logo.

Now transitioning to an opening ad at 12:00 pm on the dot.

Legacy media is dying.

But, nobody has been able to put together all of the pieces.

Why is this happening? And who will take their place?

Here is the ultimate breakdown of the changing media landscape 🧵 In order to understand the downfall, we must define what legacy media encompasses.

There are 5 main categories of legacy media: Print media, Film, Music, Radio, Television.

While there are nuances to each, they share a few things in common...

Starting my build in public journey by launching a new AI project with @itsasharashar:

'InterviewMe AI'

It's currently just a Beta, but here's why we think it could become a game-changer 🧵 Anyone who's ever completed a technical interview knows how daunting the experience can be.

One wrong answer can be the difference between landing a $200K+ job offer or getting rejected.

The best way to increase your odds is through practice...

AI and Crypto.

Do they work together? Or are they at odds?

Here's my take after 6 years in crypto 🧵 Let's start with some basic definitions 👇

Blockchain: A decentralized and open database/network

Cryptocurrency: A digital currency that lives on a blockchain

AI: A computer system meant to simulate human intelligence

Yesterday @BillGates published his first blog on AI.

In it he stated that AI is as "revolutionary as mobile phones and the Internet".

Here are my top 8 takeaways from the piece.

If you're into AI this is a MUST READ🧵 1) Gates said watching OpenAI’s GPT pass the AP bio exam was one of only 2 demonstrations of tech that he described as “revolutionary”.

The other example was the first time he was introduced to a graphical user interface in 1980.

What if I told you there was a person who:

-Launched a Wordle competitor with 6M+ users
-Has a blog with 1M subscribers
-Built a CRM chatbot on GPT-4

Now what if I told you his full-time gig was as CTO of his $20B company?

Meet @dharmesh, the most underrated person in tech 🧵 Most people know Dharmesh as the CTO of @HubSpot.

For those who aren't familiar, HubSpot creates software products for inbound marketing, sales, and customer service.

Hubspot currently has a market cap of ~$20 billion and did close to $2B in revenue in 2022.

Crypto is under attack.

What happens over the next 12 months will define the future of the financial system.

Here's everything you need to know about the U.S. government's war on crypto 🧵 In order to understand how/why crypto is under attack, you need to understand how the legacy financial system works:

-We run on a fiat system
-The U.S. federal reserve controls the world reserve currency
-We trust large banks to custody our funds & gatekeep who is allowed in

2 big updates from @midjourney:

1) They're launching an AI art magazine

2) Midjourney V5 releases today

Here's a sneak peak of some of the early art from Midjourney V5 🧵 @midjourney Yoda having a drink 🥃

Just days after SVB, it appears that another major bank is on the verge of collapse.

Could this be the domino that sets off a global bank contagion?

Here's everything you need to know about the @CreditSuisse situation 🧵 Let's start by understanding the basics about Credit Suisse:

-It has $574 billion in assets (twice as large as SVB)

-It is the 2nd largest bank in Switzerland (but only 155th largest in the world)

-It has over 88 global subsidiaries

Today @OpenAI announced the biggest release since the iPhone!

Here's everything you need to know about GPT-4

If you're in tech this is a MUST READ 🧵 As a quick recap, 'GPT-X' refers to a family of large language models created by OpenAI.

The most recent family of models was known as GPT-3.

Open AI has built applications on top of these models. The most popular being 'ChatGPT'.

Don't EVER tell me Twitter is not important...

We came together and helped convince the @FDICgov to protect our country's innovation engine.

Thankful we found a resolution before this spiraled out of control 🙏 @FDICgov To be clear, this thread was just a small part of the collective effort.

But I hope it encourages people (especially young people) to use their voice.

Don't be afraid to stand up for what you believe in.

I don't think enough people understand the impact of the Silicon Valley Bank collapse.

What happens over the next 36 hours is going to have consequences for decades.

I want to address Millennials & Gen Z, since this is our future. MUST READ 🧵 To begin, a TL;DR on what is happening:

-Silicon Valley bank is the #16 largest U.S. bank with $212B in assets.

-It's primary focus has been servicing startups for decades.

-In a period of 48 hours it has collapsed, putting the entire startup/tech industry at risk.

The top stories of the week from the #AI world 👇 1) LinkedIn founder seeks $675M for his AI startup

bigbraindaily.com/p/linkedin-dee…

I’m someone who has always relied on my gut.

It’s served me well throughout my life.

And right now my gut tells me there are some very bad things on the horizon…🧵 It’s very clear that there are systemic risks in the financial system.

You don’t go from 0% interest rates to 5%+ and not break things.

Lately @OpenAI has been getting a lot of positive press.

But they're in hot water after an article revealed they used workers in Kenya for less than $2/hr 😬

Here's a complete breakdown of the situation & what happens next... Yesterday, an article was released by @TIME titled: "OpenAI Used Kenyan Workers on Less Than $2 Per Hour To Make ChatGPT Less Toxic."

While it was an attention-grabbing headline, there's actually much more to the story...

This model is crushing it on Instagram.

The only problem?

She doesn't exist... That's right, the woman in the previous tweet is not real.

It was an image generated by AI.

In fact, there's an entire Instagram profile filled with more pictures of her 😱

So what is going on?