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WeWork plans to file for bankruptcy

Plus: AI’s role in running software companies 

Together with

In Today’s Edition 

  • Reflections on a movement with Eric Reis 

  • AI’s role in running software companies 

  • Google is officially trying to make .ing domains a th.ing

  • Apple ‘Scary Fast’ Mac launch event: the 4 biggest announcements 

  • Looking inside ROScribe and the idea of LLM-based robotic platform

  • New laser enabled 3D-printing method makes steel more affordable

Last chance to invest before this company becomes a household name

What if you had the opportunity to invest in the biggest electronics products before they launched into big box retail, would you?

Through retail distribution deals with Best Buy, Ring changed doorbells and Nest changed thermostats. Early investors in these companies earned massive returns, but the opportunity to invest was limited to a select, wealthy few.

The game has changed, and for once investors have the option to invest in a company that’s gearing up for a massive retail rollout.

RYSE is set to debut in 100+ Best Buy stores this month, and you're in luck—you can still invest at only $1.25/share before their name becomes known nationwide.

They have patented the only mass market shade automation device, and their exclusive deal with Best Buy resembles that which led Ring and Nest to their billion-dollar buyouts.

🚀Startups Nuts

The Lean Startup approach has been a powerful framework for founders for over a decade. Build MVPs, test, experiment, and iterate. Moving fast has been a guiding mantra. How relevant is this methodology in 2023 and beyond? Eric Ries, the founder of the Lean Startup methodology, dives in.

From helping you to write code to checking the quality of that code and adding repeatability to your content generation, AI is going to impact how we think about leverage in the daily operations of our software companies. This article explores the common areas where you should be thinking about adding AI to your operations.

🏭Business Nuts 

WeWork plans to file for bankruptcy as early as next week as it struggles with a massive debt and hefty losses. Its shares have fallen roughly 96% this year. The company is considering filing a Chapter 11 petition in New Jersey. It had entered into an agreement with creditors for temporary postponement of payments for some of its debt, but the grace period is nearing an end

Google Registry is launching the .ing top-level domain. The domains are now available through early access for an additional one-time fee. They will officially be publicly available on December 5. .ing domains can be quite expensive, with buy.ing costing $129,999.99 per year to register. Google Registry is also working on a .meme top-level domain, with early access to open up on November 28.

📱Tech Nuts

Apple revealed brand new Macs with the latest version of the company's in-house chip at its Scary Fast event. Apple's M3, M3 Pro, and M3 Max chips are the first PC chips made using the 3-nanometer process. They come with an updated GPU that supports ray tracing, mesh shading, and Dynamic Caching, a memory optimization feature. The new Macs include a 24-inch iMac, 14- and 16-inch MacBook Pros, and an entry-level MacBook Pro.

ROScribe is an open source tool that uses large language models for software generation in robotics within the Robot Operating System (ROS) framework. This post describes how ROScribe works under the hood and explains some high level ideas behind the project. It also compares how using large language models for code generation in specific domains performs against generic domain code generation.

🎁Miscellaneous

A new method for 3D printing metal developed by a team led by the University of Cambridge allows structural alterations to be written into metal alloys during 3D printing. It allows for the creation of complex forms and the engineering of the structure and characteristics in the material. The method gave the researchers complete control over both the strength and toughness of its structures. It uses typical laser-based 3D printing technology with some modifications.

💡What else are we reading and seeing?

  • Don't Build a Mine Before You Struck Gold 

  • Fundamentals of Assisted Intelligence

  • Medicine's Endgame

  • Joe Biden's ambitious plan to regulate AI, explained

  • Zombie firms are filing for bankruptcy amid Fed interest rate hikes

  • Why Exxon and Chevron’s deals could leave investors cold

  • Morgan Stanley bonuses raise governance question

  • How to ride the surfer mindset to success

  • The 10x rule for achieving ambitious goals

  • 5 books that will change how you think about leadership

  • Your leadership effectiveness hinges on emotional intelligence

😎Fun Fact

The world's largest piggy bank was over 15 feet tall and could hold 17,000 gallons of coins

🔥 Hot Book of the Day

We've all had the desire to travel through time and see what our lives will be like later in life. But while we want the best possible future for ourselves, we often fail to make decisions that would truly make that version of the future a reality:

- Why do we choose steak over vegetables at dinner, waving off concerns about high cholesterol?

- Why do we splurge on luxury cars rather than save for retirement?

- Why can’t we stick to our exercise programs?

- Why are so many of us so disconnected from our future selves?

Based on over a decade of groundbreaking research, Your Future Self is the “entertaining and powerful book” (Carol Dweck, author of Mindset) that explains that in our minds, our future selves often look like strangers.

Many of us view the future as incredibly distant, making us more likely to opt for immediate gratification that disregards our health and well-being in the years to come. People who are able to connect with their future selves, however, are better able to balance living for today and planning for tomorrow.

Your Future Self describes the mental mistakes we make in thinking about the future and gives us practical advice for imagining our best future so we can make that vision a reality.

“Set your future self up for success with the “fascinating, profound, and immediately practical guide to shaping your life to come.”

🐦Joke of the Day

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