Google LLM, Risk, New Event, HBR

Monday Snippets

Lamborghini was a tractor company

Samsung was a grocery store

LG was a facial cream

IKEA traded pens

Nintendo started as a playing card company

Wrigley originally sold soap and baking powder

Colgate started as a soap and candle company

Tiffany & Co. started as a stationery and fancy goods emporium

3M was originally a mining company that dug minerals but later evolved into a multi-industry giant known for products like Post-it notes and Scotch tape.

Moral of the story: You figure…

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The large language model space is growing at breakneck speed. While Chat GPT has a clear lead, ignoring the competition would be a mistake. Google had a bad month on the stock market because regulators threatened to break it up claiming it was a monopoly. Concomitantly, the market reckoned that it was losing its edge to innovate, especially in the AI space. While Google faces some risks, a lot is still going for it. Take a look at the new tool it just launched.

Learning to manage risk will be an integral skill for individuals and for companies. We recommend watching this free course by Howard Marks to better understand its nuances.

We wrote a long essay about Marks and his investment philosophy. Give it a read.