Best Way to Learn About AI | VibeBuilders.ai Resource Directory

Build and Execute an Organisational AI Strategy

Build and Execute an Organisational AI Strategy

AI is the hottest, most exciting technology to burst onto the scene in recent years. Its impact is so big, it is revolutionizing industries all over the globe. If you are an executive, you may be wondering how to harness AI's incredible power for your organization. Well, this course is going to show you how to do just that.

#coursera #build #execute

I just had my best month after 18 months as a solopreneur

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stepitup9600•This week

I just had my best month after 18 months as a solopreneur

Last month I reached important milestones both financially (60+ sales) and in terms of my personal brand (2.500+ new followers) But the most important part is that it has reinforced a belief in myself: it is possible, as long as I keep going, improving, learning and iterating. For the last year and a half, I've been grinding and launching project after project. But there was always something wrong: Product didn't solve a real problem Bad marketing (very often lol) Target market had low purchasing power Super-competitive niche (usually b2c) It's difficult to have failure after failure and keep going on. At times it would feel like everyone was making money, except for me. I was hacking on my projects every single day before and after my 9-5 and had mostly given up all my free time for this. But results were far from being what I wanted. So I would doubt myself all the time. One thing I had going for me is that I really enjoy building things - so that helped me a lot in staying consistent. I always knew this was a long-term thing and that I'd probably have to fail again and again before seeing some success. But even so, it was really hard to keep up the spirits at all time, especially after working so hard for so long. I wasn't going to give up but I also knew that continuing like this would lead nowhere. So I decided that for my next project I would do 2 things: 1) prioritize marketing and 2) build something strategic 1) Prioritize marketing I decided I was going to put in the same amount of effort into marketing as I put into building. Usually my time would be split 90% coding - 10% marketing. Now, for the first time ever it's probably 65% coding - 35% marketing. I organized myself and made an entire gameplan for it. This forced me to learn a lot about: Video editing Cold emails Copywriting Running ads Short-form content There are a lot of items I still need to execute on - but at least I have a good idea of how to approach most things. 2) Build something strategic I had to build something that I would be able to use even if nobody else did. For the last year and a half I had been building AI apps and my plan was to continue doing that. So I decided to leverage that and thought about how I could build something that would give me an unfair advantage + have a compounding effect over the long term: a) Unfair advantage Having AI demo apps that cover all type of AI functionalities would make my life easier & would allow me to ship new apps quickly, regardless of the required model/functionality So even if nobody bought this - I'd have built something really useful for myself & would have a slight edge over other people b) Compound over the long term Building "AnotherWrapper' (my new project) would have a good synergy with my future projects: It would allow me to build new projects faster While building new projects, I'd learn new things, which I would then be able to implement into AnotherWrapper and improve the product that way A win-win. Closing thoughts I did not expect things to go this well - it's been an amazing month and I'm truly grateful to everyone that has been supporting me. But at the end of the day, there is still a lot of work to be done. The initial 'hype' & effects from some viral tweets are starting to wear off. I still don't have a reliable distribution channel that guarantees me traffic. So I need to figure that out. I think the product has a lot of potential - it has been well received and has been a success so far, but my distribution is still lacking. The good thing is that I now have some extra cash to spend on things like ads, influencers, freelancers etc. So it opens some new doors that were previously closed! I also have some other projects down the pipeline which are coming soon. Will keep you guys updated!

#reddit #just #best

Looking for a technical cofounder with experience in building websites and marketplaces

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SlideZealousideal540•This week

Looking for a technical cofounder with experience in building websites and marketplaces

Are you passionate about revolutionizing traditional processes? Do you have the expertise to build scalable platforms and want to be part of something transformative? I’m a second-year Economics student at the University of Warwick with a deep drive for creating impactful solutions. I’m seeking a technical co-founder to join me in building a startup dedicated to transforming how startups hire entry-level talent. About the Project I’m developing a recruitment marketplace that connects early-stage and growing startups with talented students and graduates. Our goal is to streamline the hiring process, making it hassle-free for startups while creating meaningful career opportunities for the next generation of talent. What I’m Looking For in a Technical Co-Founder I need someone who can complement my non-technical skills and help take this project to the next level. The ideal co-founder will have: A strong background in programming online marketplace platforms. Experience managing large databases efficiently. Knowledge in machine learning and AI, with a vision to integrate these in future features. Skills in scaling online platforms for a larger audience. The ability to work in synergy with me to shape and execute the vision. A passion for the idea—I’m happy to share more details in a meeting! Key responsibilities will include platform development, handling backend work, deploying the MVP, aiding in design, and collaborating on product iterations. About Me I bring experience in business strategy, operations, finance, product/project management, marketing, and sales—essentially, I cover everything except the technical aspects of development. I previously worked on a social communication platform for school students during high school. I also gained valuable experience as a business analyst in another startup. Why Join me? This is an exciting opportunity to build a product from the ground up, make an impact in the startup ecosystem, and grow alongside a venture poised to redefine hiring. We need: A seamless MVP launch. Networking efforts to onboard startups and expand our reach. Together, we can create something transformative, fostering innovation and enabling career growth for students while helping startups find the talent they need to succeed. If you’re excited about the prospect of building something revolutionary and have the technical skills to complement my business acumen, I’d love to connect. Let’s discuss how we can work together to create the next generation of hiring solutions. Please DM if you are interested in getting to know more about this project! Looking forward

#reddit #looking #technical

10y of product development, 2 bankruptcies, and 1 Exit — what next? [Extended Story]

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Slight-Explanation29•This week

10y of product development, 2 bankruptcies, and 1 Exit — what next? [Extended Story]

10 years of obsessive pursuit from the bottom to impressive product-market fit and exit. Bootstrapping tech products as Software Developer and 3x Startup Founder (2 bankruptcies and 1 exit). Hi everyone, your motivation has inspired me to delve deeper into my story. So, as promised to some of you, I've expanded on it a bit more, along with my brief reflections. There are many founders, product creators, and proactive individuals, I’ve read many of your crazy stories and lessons so I decided to share mine and the lessons I learned from the bottom to impressive product-market fit and exit. I've spent almost the past 10 years building tech products as a Corporate Team Leader, Senior Software Developer, Online Course Creator, Programming Tutor, Head of Development/CTO, and 3x Startup Founder (2 bankruptcies, and 1 exit). And what next? good question... A brief summary of my journey: Chapter 1: Software Developer / Team Leader / Senior Software Developer I’ve always wanted to create products that win over users’ hearts, carry value, and influence users. Ever since my school days, I’ve loved the tech part of building digital products. At the beginning of school, I started hosting servers for games, blogs and internet forums, and other things that did not require much programming knowledge. My classmates and later even over 100 people played on servers that I hosted on my home PC. Later, as the only person in school, I passed the final exam in computer science. During my computer science studies, I started my first job as a software developer. It was crazy, I was spending 200–300 hours a month in the office attending also to daily classes. Yes, I didn’t have a life, but it truly was the fulfillment of my dreams. I was able to earn good money doing what I love, and I devoted fully myself to it. My key to effectively studying IT and growing my knowledge at rocket speed was learning day by day reading guides, building products to the portfolio, watching youtube channels and attending conferences, and even watching them online, even if I didn’t understand everything at the beginning. In one year we’ve been to every possible event within 400km. We were building healthcare products that were actually used in hospitals and medical facilities. It was a beautiful adventure and tons of knowledge I took from this place. That time I built my first product teams, hired many great people, and over the years became a senior developer and team leader. Even I convinced my study mates to apply to this company and we studied together and worked as well. Finally, there were 4 of us, when I left a friend of mine took over my position and still works there. If you’re reading this, I’m sending you a flood of love and appreciation. I joined as the 8th person, and after around 4 years, when I left hungry for change, there were already over 30 of us, now around 100. It was a good time, greetings to everyone. I finished my Master’s and Engineering degrees in Computer Science, and it was time for changes. Chapter 2: 1st time as a Co-founder — Marketplace In the meantime, there was also my first startup (a marketplace) with four of my friends. We all worked on the product, each of us spent thousands of hours, after hours, entire weekends… and I think finally over a year of work. As you might guess, we lacked the most important things: sales, marketing, and product-market fit. We thought users think like us. We all also worked commercially, so the work went very smoothly, but we didn’t know what we should do next with it… Finally, we didn’t have any customers, but you know what, I don’t regret it, a lot of learning things which I used many times later. The first attempts at validating the idea with the market and business activities. In the end, the product was Airbnb-sized. Landing pages, listings, user panels, customer panels, admin site, notifications, caches, queues, load balancing, and much more. We wanted to publish the fully ready product to the market. It was a marketplace, so if you can guess, we had to attract both sides to be valuable. “Marketplace” — You can imagine something like Uber, if you don’t have passengers it was difficult to convince taxi drivers, if you don’t have a large number of taxi drivers you cannot attract passengers. After a year of development, we were overloaded, and without business, marketing, sales knowledge, and budget. Chapter 3: Corp Team Lead / Programming Tutor / Programming Architecture Workshop Leader Working in a corporation, a totally different environment, an international fintech, another learning experience, large products, and workmates who were waiting for 5 pm to finish — it wasn’t for me. Very slow product development, huge hierarchy, being an ant at the bottom, and low impact on the final product. At that time I understood that being a software developer is not anything special and I compared my work to factory worker. Sorry for that. High rates have been pumped only by high demand. Friends of mine from another industry do more difficult things and have a bigger responsibility for lower rates. That’s how the market works. This lower responsibility time allowed for building the first online course after hours, my own course platform, individual teaching newbies programming, and my first huge success — my first B2C customers, and B2B clients for workshops. I pivoted to full focus on sales, marketing, funnels, advertisements, demand, understanding the market, etc. It was 10x easier than startups but allowed me to learn and validate my conceptions and ideas on an easier market and showed me that it’s much easier to locate their problem/need/want and create a service/product that responds to it than to convince people of your innovative ideas. It’s just supply and demand, such a simple and basic statement, in reality, is very deep and difficult to understand without personal experience. If you’re inexperienced and you think you understand, you don’t. To this day, I love to analyze this catchword in relation to various industries / services / products and rediscover it again and again... While writing this sentence, I’m wondering if I’m not obsessed. Chapter 4: Next try — 2nd time as a founder — Edtech Drawing upon my experiences in selling services, offering trainings, and teaching programming, I wanted to broaden my horizons, delve into various fields of knowledge, involve more teachers, and so on. We started with simple services in different fields of knowledge, mainly relying on teaching in the local area (without online lessons). As I had already gathered some knowledge and experience in marketing and sales, things were going well and were moving in the right direction. The number of teachers in various fields was growing, as was the number of students. I don’t remember the exact statistics anymore, but it was another significant achievement that brought me a lot of satisfaction and new experiences. As you know, I’m a technology lover and couldn’t bear to look at manual processes — I wanted to automate everything: lessons, payments, invoices, customer service, etc. That’s when I hired our first developers (if you’re reading this, I’m sending you a flood of love — we spent a lot of time together and I remember it as a very fruitful and great year) and we began the process of tool and automation development. After a year we had really extended tools for students, teachers, franchise owners, etc. We had really big goals, we wanted to climb higher and higher. Maybe I wouldn’t even fully call it Startup, as the client was paying for the lessons, not for the software. But it gave us positive income, bootstrap financing, and tool development for services provided. Scaling this model was not as costless as SaaS because customer satisfaction was mainly on the side of the teacher, not the quality of the product (software). Finally, we grew to nearly 10 people and dozens of teachers, with zero external funding, and almost $50k monthly revenue. We worked very hard, day and night, and by November 2019, we were packed with clients to the brim. And as you know, that’s when the pandemic hit. It turned everything upside down by 180 degrees. Probably no one was ready for it. With a drastic drop in revenues, society started to save. Tired from the previous months, we had to work even harder. We had to reduce the team, change the model, and save what we had built. We stopped the tool’s development and sales, and with the developers, we started supporting other product teams to not fire them in difficult times. The tool worked passively for the next two years, reducing incomes month by month. With a smaller team providing programming services, we had full stability and earned more than relying only on educational services. At the peak of the pandemic, I promised myself that it was the last digital product I built… Never say never… Chapter 5: Time for fintech — Senior Software Developer / Team Lead / Head of Development I worked for small startups and companies. Building products from scratch, having a significant impact on the product, and complete fulfillment. Thousands of hours and sacrifices. This article mainly talks about startups that I built, so I don’t want to list all the companies, products, and applications that I supported as a technology consultant. These were mainly start-ups with a couple of people up to around 100 people on board. Some of the products were just a rescue mission, others were building an entire tech team. I was fully involved in all of them with the hope that we would work together for a long time, but I wasn’t the only one who made mistakes when looking for a product-market fit. One thing I fully understood: You can’t spend 8–15 hours a day writing code, managing a tech team, and still be able to help build an audience. In marketing and sales, you need to be rested and very creative to bring results and achieve further results and goals. If you have too many responsibilities related to technology, it becomes ineffective. I noticed that when I have more free time, more time to think, and more time to bounce the ball against the wall, I come up with really working marketing/sales strategies and solutions. It’s impossible when you are focused on code all day. You must know that this chapter of my life was long and has continued until now. Chapter 6: 3rd time as a founder — sold Never say never… right?\\ It was a time when the crypto market was really high and it was really trending topic. You know that I love technology right? So I cannot miss the blockchain world. I had experience in blockchain topics by learning on my own and from startups where I worked before. I was involved in crypto communities and I noticed a “starving crowd”. People who did things manually and earned money(crypto) on it.I found potential for building a small product that solves a technological problem. I said a few years before that I don’t want to start from scratch. I decided to share my observations and possibilities with my good friend. He said, “If you gonna built it, I’m in”. I couldn’t stop thinking about it. I had thought and planned every aspect of marketing and sales. And you know what. On this huge mindmap “product” was only one block. 90% of the mindmap was focused on marketing and sales. Now, writing this article, I understood what path I went from my first startup to this one. In the first (described earlier) 90% was the product, but in the last one 90% was sales and marketing. Many years later, I did this approach automatically. What has changed in my head over the years and so many mistakes? At that time, the company for which I provided services was acquired. The next day I got a thank you for my hard work and all my accounts were blocked. Life… I was shocked. We were simply replaced by their trusted technology managers. They wanted to get full control. They acted a bit unkindly, but I knew that they had all my knowledge about the product in the documentation, because I’m used to drawing everything so that in the moment of my weakness (illness, whatever) the team could handle it. That’s what solid leaders do, right? After a time, I know that these are normal procedures in financial companies, the point is that under the influence of emotions, do not do anything inappropriate. I quickly forgot about it, that I was brutally fired. All that mattered was to bring my plan to life. And it has been started, 15–20 hours a day every day. You have to believe me, getting back into the game was incredibly satisfying for me. I didn’t even know that I would be so excited. Then we also noticed that someone was starting to think about the same product as me. So the race began a game against time and the market. I assume that if you have reached this point, you are interested in product-market fit, marketing, and sales, so let me explain my assumptions to you: Product: A very very small tool that allowed you to automate proper tracking and creation of on-chain transactions. Literally, the whole app for the user was located on only three subpages. Starving Crowd: We tapped into an underserved market. The crypto market primarily operates via communities on platforms like Discord, Reddit, Twitter, Telegram, and so on. Therefore, our main strategy was directly communicating with users and demonstrating our tool. This was essentially “free marketing” (excluding the time we invested), as we did not need to invest in ads, promotional materials, or convince people about the efficacy of our tool. The community could directly observe on-chain transactions executed by our algorithms, which were processed at an exceptionally fast rate. This was something they couldn’t accomplish manually, so whenever someone conducted transactions using our algorithm, it was immediately noticeable and stirred a curiosity within the community (how did they do that!). Tests: I conducted the initial tests of the application on myself — we had already invested significantly in developing the product, but I preferred risking my own resources over that of the users. I provided the tool access to my wallet, containing 0.3ETH, and went to sleep. Upon waking up, I discovered that the transactions were successful and my wallet had grown to 0.99ETH. My excitement knew no bounds, it felt like a windfall. But, of course, there was a fair chance I could have lost it too. It worked. As we progressed, some users achieved higher results, but it largely hinged on the parameters set by them. As you can surmise, the strategy was simple — buy low, sell high. There was considerable risk involved. Churn: For those versed in marketing, the significance of repeat visitors cannot be overstated. Access to our tool was granted only after email verification and a special technique that I’d prefer to keep confidential. And this was all provided for free. While we had zero followers on social media, we saw an explosion in our email subscriber base and amassed a substantial number of users and advocates. Revenue Generation: Our product quickly gained popularity as we were effectively helping users earn — an undeniable value proposition. Now, it was time to capitalize on our efforts. We introduced a subscription model charging $300 per week or $1,000 per month — seemingly high rates, but the demand was so intense that it wasn’t an issue. Being a subscriber meant you were prioritized in the queue, ensuring you were among the first to reap benefits — thus adding more “value”. Marketing: The quality of our product and its ability to continually engage users contributed to it achieving what can best be described as viral. It was both a source of pride and astonishment to witness users sharing charts and analyses derived from our tool in forum discussions. They weren’t actively promoting our product but rather using screenshots from our application to illustrate certain aspects of the crypto world. By that stage, we had already assembled a team to assist with marketing, and programming, and to provide round-the-clock helpdesk support. Unforgettable Time: Despite the hype, my focus remained steadfast on monitoring our servers, their capacity, and speed. Considering we had only been on the market for a few weeks, we were yet to implement alerts, server scaling, etc. Our active user base spanned from Japan to the West Coast of the United States. Primarily, our application was used daily during the evenings, but considering the variety of time zones, the only time I could afford to sleep was during the evening hours in Far Eastern Europe, where we had the least users. However, someone always needed to be on guard, and as such, my phone was constantly by my side. After all, we couldn’t afford to let our users down. We found ourselves working 20 hours a day, catering to thousands of users, enduring physical fatigue, engaging in talks with VCs, and participating in conferences. Sudden Downturn: Our pinnacle was abruptly interrupted by the war in Ukraine (next macroeconomic shot straight in the face, lucky guy), a precipitous drop in cryptocurrency value, and swiftly emerging competition. By this time, there were 5–8 comparable tools had infiltrated the market. It was a challenging period as we continually stumbled upon new rivals. They immediately embarked on swift fundraising endeavors — a strategy we overlooked, which in retrospect was a mistake. Although our product was superior, the competitors’ rapid advancement and our insufficient funds for expeditious scaling posed significant challenges. Nonetheless, we made a good decision. We sold the product (exit) to competitors. The revenue from “exit” compensated for all the losses, leaving us with enough rest. We were a small team without substantial budgets for rapid development, and the risk of forming new teams without money to survive for more than 1–2 months was irresponsible. You have to believe me that this decision consumed us sleepless nights. Finally, we sold it. They turned off our app but took algorithms and users. Whether you believe it or not, after several months of toiling day and night, experiencing burnout, growing weary of the topic, and gaining an extra 15 kg in weight, we finally found our freedom… The exit wasn’t incredibly profitable, but we knew they had outdone us. The exit covered all our expenses and granted us a well-deserved rest for the subsequent quarter. It was an insane ride. Despite the uncertainty, stress, struggles, and sleepless nights, the story and experience will remain etched in my memory for the rest of my life. Swift Takeaways: Comprehending User Needs: Do you fully understand the product-market fit? Is your offering just an accessory or does it truly satisfy the user’s needs? The Power of Viral Marketing: Take inspiration from giants like Snapchat, ChatGPT, and Clubhouse. While your product might not attain the same scale (but remember, never say never…), the closer your concept is to theirs, the easier your journey will be. If your user is motivated to text a friend saying, “Hey, check out how cool this is” (like sharing ChatGPT), then you’re on the best track. Really. Even if it doesn’t seem immediately evident, there could be a way to incorporate this into your product. Keep looking until you find it. Niche targeting — the more specific and tailored your product is to a certain audience, the easier your journey will be People love buying from people — establishing a personal brand and associating yourself with the product can make things easier. Value: Seek to understand why users engage with your product and keep returning. The more specific and critical the issue you’re aiming to solve, the easier your path will be. Consider your offerings in terms of products and services and focus on sales and marketing, regardless of personal sentiments. These are just a few points, I plan to elaborate on all of them in a separate article. Many products undergo years of development in search of market fit, refining the user experience, and more. And guess what? There’s absolutely nothing wrong with that. Each product and market follows its own rules. Many startups have extensive histories before they finally make their mark (for instance, OpenAI). This entire journey spanned maybe 6–8 months. I grasped and capitalized on the opportunity, but we understood from the start that establishing a startup carried a significant risk, and our crypto product was 10 times riskier. Was it worth it? Given my passion for product development — absolutely. Was it profitable? — No, considering the hours spent — we lose. Did it provide a stable, problem-free life — nope. Did this entire adventure offer a wealth of happiness, joy, and unforgettable experiences — definitely yes. One thing is certain — we’ve amassed substantial experience and it’s not over yet :) So, what lies ahead? Chapter 7: Reverting to the contractor, developing a product for a crypto StartupReturning to the past, we continue our journey… I had invested substantial time and passion into the tech rescue mission product. I came on board as the technical Team Leader of a startup that had garnered over $20M in seed round funding, affiliated with the realm of cryptocurrencies. The investors were individuals with extensive backgrounds in the crypto world. My role was primarily technical, and there was an abundance of work to tackle. I was fully immersed, and genuinely devoted to the role. I was striving for excellence, knowing that if we secured another round of financing, the startup would accelerate rapidly. As for the product and marketing, I was more of an observer. After all, there were marketing professionals with decades of experience on board. These were individuals recruited from large crypto-related firms. I had faith in them, kept an eye on their actions, and focused on my own responsibilities. However, the reality was far from satisfactory. On the last day, the principal investor for the Series A round withdrew. The board made the tough decision to shut down. It was a period of intense observation and gaining experience in product management. This was a very brief summary of the last 10 years. And what next? (Last) Chapter 8: To be announced — Product Owner / Product Consultant / Strategist / CTO After spending countless hours and days deliberating my next steps, one thing is clear: My aspiration is to continue traversing the path of software product development, with the hopeful anticipation that one day, I might ride the crest of the next big wave and ascend to the prestigious status of a unicorn company. I find myself drawn to the process of building products, exploring product-market fit, strategizing, engaging in software development, seeking out new opportunities, networking, attending conferences, and continuously challenging myself by understanding the market and its competitive landscape. Product Owner / Product Consultant / CTO / COO: I’m not entirely sure how to categorize this role, as I anticipate that it will largely depend on the product to which I will commit myself fully. My idea is to find one startup/company that wants to build a product / or already has a product, want to speed up, or simply doesn’t know what’s next. Alternatively, I could be a part of an established company with a rich business history, which intends to invest in digitization and technological advancements. The goal would be to enrich their customer experience by offering complementary digital products Rather than initiating a new venture from ground zero with the same team, I am receptive to new challenges. I am confident that my past experiences will prove highly beneficial for the founders of promising, burgeoning startups that already possess a product, or are in the initial phases of development. ‘Consultant’ — I reckon we interpret this term differently. My aim is to be completely absorbed in a single product, crafting funnels, niches, strategies, and all that is necessary to repeatedly achieve the ‘product-market fit’ and significant revenue. To me, ‘consultant’ resonates more akin to freelancing than being an employee. My current goal is to kickstart as a consultant and aide, dealing with facilitating startups in their journey from point A to B. Here are two theoretical scenarios to illustrate my approach: Scenario 1: (Starting from point A) You have a product but struggle with marketing, adoption, software, strategy, sales, fundraising, or something else. I conduct an analysis and develop a strategy to reach point B. I take on the “dirty work” and implement necessary changes, including potential pivots or shifts (going all-in) to guide the product to point B. The goal is to reach point B, which could involve achieving a higher valuation, expanding the user base, increasing sales, or generating monthly revenue, among other metrics. Scenario 2: (Starting from point A) You have a plan or idea but face challenges with marketing, adoption, strategy, software, sales, fundraising, or something else. I analyze the situation and devise a strategy to reach point B. I tackle the necessary tasks, build the team, and overcome obstacles to propel the product to point B. I have come across the view that finding the elusive product-market fit is the job of the founder, and it’s hard for me to disagree. However, I believe that my support and experiences can help save money, many failures, and most importantly, time. I have spent a great deal of time learning from my mistakes, enduring failure after failure, and even had no one to ask for support or opinion, which is why I offer my help. Saving even a couple of years, realistically speaking, seems like a value I’m eager to provide… I invite you to share your thoughts and insights on these scenarios :) Closing Remarks: I appreciate your time and effort in reaching this point. This has been my journey, and I wouldn’t change it for the world. I had an extraordinary adventure, and now I’m ready for the next exciting battle with the market and new software products. While my entire narrative is centered around startups, especially the ones I personally built, I’m planning to share more insights drawn from all of my experiences, not just those as a co-founder. If you’re currently developing your product or even just considering the idea, I urge you to reach out to me. Perhaps together, we can create something monumental :) Thank you for your time and insights. I eagerly look forward to engaging in discussions and hearing your viewpoints. Please remember to like and subscribe. Nothing motivates to write more than positive feedback :) Matt.

#reddit #product #development,

The Birth of My First (and Hilariously Flawed) Voice Agent: A Tale of No-Code Chaos

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No-Understanding5609•This week

The Birth of My First (and Hilariously Flawed) Voice Agent: A Tale of No-Code Chaos

Okay Reddit, buckle up. I'm about to tell you the saga of how I birthed my very first voice agent, a chaotic and frankly, slightly embarrassing journey involving Retell.ai, Make.com, and Zapier. Looking back, it's equal parts hilarious and traumatizing. The Naive Dream: Back then (it feels like ages ago!), I was convinced I could easily whip up a voice agent that would take restaurant orders over the phone. Elegant, efficient, and completely automated! I envisioned a world where my clients' restaurant never missed a beat, all thanks to my coding prowess... or rather, my no-code prowess. How wrong I was. The Gauntlet Begins: Retell.ai's Murky Depths Retell.ai was the starting point, the "voice" of my operation. Getting the phone number hooked up felt like a small victory, quickly overshadowed by the realization that their documentation was... well, let's just say it wasn't written for complete novices. I spent what felt like an eternity staring at API keys, convinced I'd entered them correctly, only to be greeted by cryptic error messages. The sheer frustration I felt wrestling with that initial setup is something I'll never forget. Make.com: From Pretty Picture to Painful Puzzle Then came Make.com, the orchestra conductor of my workflow. It looked so beautiful, so user-friendly! Drag and drop, visual modules... what could go wrong? Oh, so much could go wrong. Trying to decipher the JSON data stream from Retell was like trying to understand a foreign language I only knew a few words of. Mapping that data to a Google Sheet? A complete and utter disaster. I remember spending hours just trying to get the correct fields to populate, each failed attempt fueling my growing despair. Zapier: Briefly Considered, Quickly Dismissed I flirted with the idea of using Zapier instead, seduced by its simplicity. But its limitations became glaringly obvious when I tried to build the complex, multi-step process I needed. Make.com was the only real option, which meant diving headfirst into a whole new world of modules, triggers, and data transformations. The Infernal Testing Loop: The absolute WORST part of the entire process was the testing. Picture this: Calling the agent, rambling through a mock order, waiting for the workflow to execute, only to discover (yet another) error. Then, tweaking the scenario, pushing "save," and repeating the entire agonizing process. Each test call felt like a mini-marathon, a grueling race against time and my own dwindling patience. The AI's... Quirks: And then there was the AI itself. It was... let's just say it had a personality of its own. Sometimes, it perfectly understood my order. Other times, it decided I wanted to order 500 pizzas with extra anchovies. Debugging the AI's interpretation felt like negotiating with a stubborn toddler. Lessons Hard-Learned (And Forever Etched in My Memory): Start absurdly small: I tried to build a fully functional system right away. A HUGE mistake. If I could go back, I would have focused on just extracting one piece of information (like, say, just the quantity) and gotten that rock solid before adding anything else. JSON is your friend (or should be): Back then, JSON felt like alien code. Now, I have a slightly better grasp on it. Trust me, learn JSON. It will save you so much pain. Test like your sanity depends on it: Because it does. After every. Single. Change. Test the entire flow. It's tedious, but it's the only way to catch errors before they snowball into a catastrophe. Don't suffer in silence: I tried to be a lone wolf, figuring everything out myself. Big mistake. Retell.ai's forums and Make.com's documentation are goldmines. Use them! Embrace the struggle: This is the most important lesson. Building a voice agent, especially your first one, is hard. It's frustrating. It will test your limits. But don't give up. The feeling of finally making it work (even partially) is worth it. The Bot That (Barely) Lived: In the end, I did create a voice agent that could take orders and log them into a spreadsheet. It wasn't pretty. It was buggy. It occasionally ordered things that didn't make any sense. But it was mine. And it was the first step on a long and winding road. Looking back, I laugh (and cringe) at my naivety. But I also appreciate the lessons I learned and the sheer grit it took to bring my little AI Frankenstein to life. Anyone else have a similar "first bot" story? Let's hear them! Misery (and laughter) loves company. #RetellAI #Makecom #Zapier #FirstBot #NoCodeFail #VoiceAgentStruggles #StoryTime

#reddit #birth #first

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0.6

varturas•This week

Compare trading strategies on the fly - pnl.ai - please check it out

Part of my covid project and part of my long obsession with prediction markets, I have created a web page that displays and allows to compare best and worst performing trading strategies. TL;DR: best stocks + best strategies -> the list of top and bottom performing trading algorithms. Product Typically, trading newsletters and stock-scanners display only price return for top market gainers and losers. I have forever been interested in inspecting top and bottom performing trading strategies for a given set of securities and could not find any websites that do that. So, I decided to create a tool of my own. I wanted the tool that would help me to answer questions like if there is a better strategy than buy and hold, should I follow greed and fear indicator of the market or do the opposite. Top and bottom performing securities do not tell you if a stock is going to go up or down, but they do alert you to rapidly changing market conditions, such as change in the competitive landscape, impending lawsuits, changes in the company's management and, at the very least, the stocks you should avoid in your programmatic trading. Top strategies do all that, but they can also alert you to a change in the market regime. For example, MACD strategy, which is a variant of oscillator strategy, executed on Citibank stock returned 20% in the first half of 2020. In the same time period, the Citibank stock went down and "BuyAndHold" strategy, which is pretty much what it sounds, lost 45%. Now, compare that to the end of 2020 through spring of 2021, when MACD lost 1% and "BuyAndHold" gained 70%. This happened due to the change in the market due to the rally in financial stocks at the end of 2020. The market player who detect change in the market conditions first will reap most benefits. Another example, TSLA since the beginning of 2021 until end of April lost 7%. The StopLoss strategy sells the position after abrupt price drop and waits until the price returns to the level before the drop. For the same time interval the StopLoss strategy gained 10%. In this particular example, StopLoss outperformed BuyAndHold. To me personally, the most important feature is the ability to quickly tweak and modify trading strategies and observe change in their performance. You can change strategies parameters on the fly and even design your own custom trading strategy. In the end, I developed a tool I can use for myself but hope other investors who are experimenting with trading algorithms will find it useful as well. I called it "Profit and Loss AI", or PnL.ai for short. PnL.ai Description The web-tool in the link below allows you to customize parameters of existing strategies and essentially create your own strategy and seeing how it will compare to the set of original strategies. http://ec2-54-185-19-38.us-west-2.compute.amazonaws.com:5006/srv In the section above you can specify security and data range. In the section below you can choose strategy to customize and modify it's parameters. The strategy comparison table will automatically update and will display a newly created strategy side by side with the original strategies. Technology The tool is developed on bokeh and python and allows you to edit configuration parameters of each strategy all without programming knowledge. The strategies are fully specified via key/value pairs in the format of ini files used to initialize programs. The strategy classes are autogenerated by reading the ini config files dynamically using "factory" pattern. You can find a simplified code in this github repo: https://github.com/varturas/PnlAITk Next Steps In the future I want to give users ability to monitor their chosen strategy by receiving trading algo alerts whenever performance of their custom trading algo is changes significantly. I'm going to be adding more strategies, some of standard technical analysis variety and some will be more custom and more advanced. I'll also be adding more columns to the performance table to give better information. You can receive daily newsletter with the list of trading strategies generated by above-mentioned web-tool by registering on http://pnl.ai/ and checking subscribe checkmark.

#reddit #compare #trading

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0.667

milaworld•This week

[N] How Stability AI’s Founder Tanked His Billion-Dollar Startup

forbes article: https://www.forbes.com/sites/kenrickcai/2024/03/29/how-stability-ais-founder-tanked-his-billion-dollar-startup/ archive no paywall: https://archive.is/snbeV How Stability AI’s Founder Tanked His Billion-Dollar Startup Mar 29, 2024 Stability AI founder Emad Mostaque took the stage last week at the Terranea Resort in Palos Verdes, California to roaring applause and an introduction from an AI-generated Aristotle who announced him as “a modern Prometheus” with “the astuteness of Athena and the vision of Daedalus.” “Under his stewardship, AI becomes the Herculean force poised to vanquish the twin serpents of illness and ailment and extend the olive branch of longevity,” the faux Aristotle proclaimed. “I think that’s the best intro I’ve ever had,” Mostaque said. But behind Mostaque's hagiographic introduction lay a grim and fast metastasizing truth. Stability, once one of AI’s buzziest startups, was floundering. It had been running out of money for months and Mostaque had been unable to secure enough additional funding. It had defaulted on payments to Amazon whose cloud service undergirded Stability’s core offerings. The star research team behind its flagship text-to-image generator Stable Diffusion had tendered their resignations just three days before — as Forbes would first report — and other senior leaders had issued him an ultimatum: resign, or we walk too. Still, onstage before a massive audience of peers and acolytes, Mostaque talked a big game. “AI is jet planes for the mind,” he opined. “AI is our collective intelligence. It's the human Colossus.” He claimed a new, faster version of the Stable Diffusion image generator released earlier this month could generate “200 cats with hats per second.” But later, when he was asked about Stability’s financial model, Mostaque fumbled. “I can’t say that publicly,” he replied. “But it’s going well. We’re ahead of forecast.” Four days later, Mostaque stepped down as CEO of Stability, as Forbes first reported. In a post to X, the service formerly known as Twitter, he claimed he’d voluntarily abdicated his role to decentralize “the concentration of power in AI.” But sources told Forbes that was hardly the case. Behind the scenes, Mostaque had fought to maintain his position and control despite mounting pressure externally and internally to step down. Company documents and interviews with 32 current and former employees, investors, collaborators and industry observers suggest his abrupt exit was the result of poor business judgment and wild overspending that undermined confidence in his vision and leadership, and ultimately kneecapped the company. Mostaque, through his attorneys, declined to comment on record on a detailed list of questions about the reporting in this story. But in an email to Forbes earlier this week he broadly disputed the allegations. “Nobody tells you how hard it is to be a CEO and there are better CEOs than me to scale a business,” he said in a statement. “I am not sure anyone else would have been able to build and grow the research team to build the best and most widely used models out there and I’m very proud of the team there. I look forward to moving onto the next problem to handle and hopefully move the needle.” In an emailed statement, Christian Laforte and Shan Shan Wong, the interim co-CEOs who replaced Mostaque, said, "the company remains focused on commercializing its world leading technology” and providing it “to partners across the creative industries." After starting Stability in 2019, Mostaque built the company into an early AI juggernaut by seizing upon a promising research project that would become Stable Diffusion and funding it into a business reality. The ease with which the software generated detailed images from the simplest text prompts immediately captivated the public: 10 million people used it on any given day, the company told Forbes in early 2023. For some true believers, Mostaque was a crucial advocate for open-source AI development in a space dominated by the closed systems of OpenAI, Google and Anthropic. But his startup’s rise to one of the buzziest in generative AI was in part built on a series of exaggerations and misleading claims, as Forbes first reported last year (Mostaque disputed some points at the time). And they continued after he raised $100 million at a $1 billion valuation just days after launching Stable Diffusion in 2022. His failure to deliver on an array of grand promises, like building bespoke AI models for nation states, and his decision to pour tens of millions into research without a sustainable business plan, eroded Stability’s foundations and jeopardized its future. "He was just giving shit away,” one former employee told Forbes. “That man legitimately wanted to transform the world. He actually wanted to train AI models for kids in Malawi. Was it practical? Absolutely not." By October 2023, Stability would have less than $4 million left in the bank, according to an internal memo prepared for a board meeting and reviewed by Forbes. And mounting debt, including months of overdue Amazon Web Services payments, had already left it in the red. To avoid legal penalties for skipping Americans staff’s payroll, the document explained, the London-based startup was considering delaying tax payments to the U.K. government. It was Stability’s armada of GPUs, the wildly powerful and equally expensive chips undergirding AI, that were so taxing the company’s finances. Hosted by AWS, they had long been one of Mostaque’s bragging points; he often touted them as one of the world’s 10 largest supercomputers. They were responsible for helping Stability’s researchers build and maintain one of the top AI image generators, as well as break important new ground on generative audio, video and 3D models. “Undeniably, Stability has continued to ship a lot of models,” said one former employee. “They may not have profited off of it, but the broader ecosystem benefitted in a huge, huge way.” But the costs associated with so much compute were now threatening to sink the company. According to an internal October financial forecast seen by Forbes, Stability was on track to spend $99 million on compute in 2023. It noted as well that Stability was “underpaying AWS bills for July (by $1M)” and “not planning to pay AWS at the end of October for August usage ($7M).” Then there were the September and October bills, plus $1 million owed to Google Cloud and $600,000 to GPU cloud data center CoreWeave. (Amazon, Google and CoreWeave declined to comment.) With an additional $54 million allocated to wages and operating expenses, Stability’s total projected costs for 2023 were $153 million. But according to its October financial report, its projected revenue for the calendar year was just $11 million. Stability was on track to lose more money per month than it made in an entire year. The company’s dire financial position had thoroughly soured Stability’s current investors, including Coatue, which had invested tens of millions in the company during its $101 million funding round in 2022. In the middle of 2023, Mostaque agreed to an independent audit after Coatue raised a series of concerns, according to a source with direct knowledge of the matter. The outcome of the investigation is unclear. Coatue declined to comment. Within a week of an early October board meeting where Mostaque shared that financial forecast, Lightspeed Venture Partners, another major investor, sent a letter to the board urging them to sell the company. The distressing numbers had “severely undermined” the firm’s confidence in Mostaque’s ability to lead the company. “In particular, we are surprised and deeply concerned by a cash position just now disclosed to us that is inconsistent with prior discussions on this topic,” Lightspeed’s general counsel Brett Nissenberg wrote in the letter, a copy of which was viewed by Forbes. “Lightspeed believes that the company is not likely financeable on terms that would assure the company’s long term sound financial position.” (Lightspeed declined a request for comment.) The calls for a sale led Stability to quietly begin looking for a buyer. Bloomberg reported in November that Stability approached AI startups Cohere and Jasper to gauge their interest. Stability denied this, and Jasper CEO Timothy Young did the same when reached for comment by Forbes. A Cohere representative declined to comment. But one prominent AI company confirmed that Mostaque’s representatives had reached out to them to test the waters. Those talks did not advance because “the numbers didn’t add up,” this person, who declined to be named due to the confidential nature of the talks, told Forbes. Stability also tried to court Samsung as a buyer, going so far as to redecorate its office in advance of a planned meeting with the Korean electronics giant. (Samsung said that it invested in Stability in 2023 and that it does not comment on M&A discussions.) Coatue had been calling for Mostaque’s resignation for months, according to a source with direct knowledge. But it and other investors were unable to oust him because he was the company’s majority shareholder. When they tried a different tact by rallying other investors to offer him a juicy equity package to resign, Mostaque refused, said two sources. By October, Coatue and Lightspeed had had enough. Coatue left the board and Lightspeed resigned its observer seat. “Emad infuriated our initial investors so much it’s just making it impossible for us to raise more money under acceptable terms,” one current Stability executive told Forbes. The early months of 2024 saw Stability’s already precarious position eroding further still. Employees were quietly laid off. Three people in a position to know estimated that at least 10% of staff were cut. And cash reserves continued to dwindle. Mostaque mentioned a lifeline at the October board meeting: $95 million in tentative funding from new investors, pending due diligence. But in the end, only a fraction of it was wired, two sources say, much of it from Intel, which Forbes has learned invested $20 million, a fraction of what was reported. (Intel did not return a request for comment by publication time.) Two hours after Forbes broke the news of Mostaque’s plans to step down as CEO, Stability issued a press release confirming his resignation. Chief operating officer Wong and chief technology officer Laforte have taken over in the interim. Mostaque, who said on X that he still owns a majority of the company, also stepped down from the board, which has now initiated a search for a permanent CEO. There is a lot of work to be done to turn things around, and very little time in which to do it. Said the current Stability executive, “There’s still a possibility of a turnaround story, but the odds drop by the day.” In July of 2023, Mostaque still thought he could pull it off. Halfway through the month, he shared a fundraising plan with his lieutenants. It was wildly optimistic, detailing the raise of $500 million in cash and another $750 million in computing facilities from marquee investors like Nvidia, Google, Intel and the World Bank (Nvidia and Google declined comment. Intel did not respond. The World Bank said it did not invest in Stability). In a Slack message reviewed by Forbes, Mostaque said Google was “willing to move fast” and the round was “likely to be oversubscribed.” It wasn’t. Three people with direct knowledge of these fundraising efforts told Forbes that while there was some interest in Stability, talks often stalled when it came time to disclose financials. Two of them noted that earlier in the year, Mostaque had simply stopped engaging with VCs who asked for numbers. Only one firm invested around that time: actor Ashton Kutcher’s Sound Ventures, which invested $35 million in the form of a convertible SAFE note during the second quarter, according to an internal document. (Sound Ventures did not respond to a request for comment.) And though he’d managed to score a meeting with Nvidia and its CEO Jensen Huang, it ended in disaster, according to two sources. “Under Jensen's microscopic questions, Emad just fell apart,” a source in position to know told Forbes. Huang quickly concluded Stability wasn’t ready for an investment from Nvidia, the sources said. Mostaque told Forbes in an email that he had not met with Huang since 2022, except to say “hello and what’s up a few times after.” His July 2023 message references a plan to raise $150 million from Nvidia. (Nvidia declined to comment.) After a June Forbes investigation citing more than 30 sources revealed Mostaque’s history of misleading claims, Mostaque struggled to raise funding, a Stability investor told Forbes. (Mostaque disputed the story at the time and called it "coordinated lies" in his email this week to Forbes). Increasingly, investors scrutinized his assertions and pressed for data. And Young, now the CEO of Jasper, turned down a verbal offer to be Stability’s president after reading the article, according to a source with direct knowledge of the matter. The collapse of the talks aggravated the board and other executives, who had hoped Young would compensate for the sales and business management skills that Mostaque lacked, according to four people in a position to know. (Young declined to comment.) When Stability’s senior leadership convened in London for the CogX conference in September, the financing had still not closed. There, a group of executives confronted Mostaque asking questions about the company’s cash position and runway, according to three people with direct knowledge of the incident. They did not get the clarity they’d hoped for. By October, Mostaque had reduced his fundraising target by more than 80%. The months that followed saw a steady drumbeat of departures — general counsel Adam Avrunin, vice presidents Mike Melnicki, Ed Newton-Rex and Joe Penna, chief people officer Ozden Onder — culminating in the demoralizing March exit of Stable Diffusion’s primary developers Robin Rombach, Andreas Blattmann, Patrick Esser and Dominik Lorenz. Rombach, who led the team, had been angling to leave for months, two sources said, first threatening to resign last summer because of the fundraising failures. Others left over concerns about cash flow, as well as liabilities — including what four people described as Mostaque’s lax approach to ensuring that Stability products could not be used to produce child sexual abuse imagery. “Stability AI is committed to preventing the misuse of AI and prohibits the use of our image models and services for unlawful activity, including attempts to edit or create CSAM,” Ella Irwin, senior vice president of integrity, said in a statement. Newton-Rex told Forbes he resigned because he disagreed with Stability’s position that training AI on copyrighted work without consent is fair use. Melnicki and Penna declined to comment. Avrunin and Onder could not be reached for comment. None of the researchers responded to requests for comment. The Stable Diffusion researchers’ departure as a cohort says a lot about the state of Stability AI. The company’s researchers were widely viewed as its crown jewels, their work subsidized with a firehose of pricey compute power that was even extended to people outside the company. Martino Russi, an artificial intelligence researcher, told Forbes that though he was never formally employed by Stability, the company provided him a “staggering” amount of compute between January and April 2023 to play around with developing an AI video generator that Stability might someday use. “It was Candy Land or Coney Island,” said Russi, who estimates that his experiment, which was ultimately shelved, cost the company $2.5 million. Stable Diffusion was simultaneously Stability’s marquee product and its existential cash crisis. One current employee described it to Forbes as “a giant vacuum that absorbed everything: money, compute, people.” While the software was widely used, with Mostaque claiming downloads reaching into the hundreds of millions, Stability struggled to translate that wild success into revenue. Mostaque knew it could be done — peers at Databricks, Elastic and MongoDB had all turned a free product into a lucrative business — he just couldn’t figure out how. His first attempt was Stability’s API, which allowed paying customers to integrate Stable Diffusion into their own products. In early 2023, a handful of small companies, like art generator app NightCafe and presentation software startup Tome, signed on, according to four people with knowledge of the deals. But Stability’s poor account management services soured many, and in a matter of months NightCafe and Tome canceled their contracts, three people said. NightCafe founder Angus Russell told Forbes that his company switched to a competitor which “offered much cheaper inference costs and a broader service.” Tome did not respond to a request for comment. Meanwhile, Mostaque’s efforts to court larger companies like Samsung and Snapchat were failing, according to five people familiar with the effort. Canva, which was already one of the heaviest users of open-sourced Stable Diffusion, had multiple discussions with Stability, which was angling for a contract it hoped would generate several millions in annual revenue. But the deal never materialized, four sources said. “These three companies wanted and needed us,” one former employee told Forbes. “They would have been the perfect customers.” (Samsung, Snap and Canva declined to comment.) “It’s not that there was not an appetite to pay Stability — there were tons of companies that would have that wanted to,” the former employee said. “There was a huge opportunity and demand, but just a resistance to execution.” Mostaque’s other big idea was to provide governments with bespoke national AI models that would invigorate their economies and citizenry. “Emad envisions a world where AI through 100 national models serves not as a tool of the few, but as a benefactor to all promising to confront great adversaries, cancer, autism, and the sands of time itself,” the AI avatar of Aristotle said in his intro at the conference. Mostaque told several prospective customers that he could deliver such models within 60 days — an untenable timeline, according to two people in position to know. Stability attempted to develop a model for the Singaporean government over the protestation of employees who questioned its technical feasibility, three sources familiar with the effort told Forbes. But it couldn’t pull it off and Singapore never became a customer. (The government of Singapore confirmed it did not enter into a deal with Stability, but declined to answer additional questions.) As Stability careened from one new business idea to another, resources were abruptly reallocated and researchers reassigned. The whiplash shifts in a largely siloed organization demoralized and infuriated employees. “There were ‘urgent’ things, ‘urgent urgent’ things and ‘most urgent,’” one former employee complained. “None of these things seem important if everything is important.” Another former Stability executive was far more pointed in their assessment. “Emad is the most disorganized leader I have ever worked with in my career,” this person told Forbes. “He has no vision, and changes directions every week, often based on what he sees on Twitter.” In a video interview posted shortly before this story was published, Mostaque explained his leadership style: “I'm particularly great at taking creatives, developers, researchers, others, and achieving their full potential in designing systems. But I should not be dealing with, you know, HR and operations and business development and other elements. There are far better people than me to do that.” By December 2023, Stability had partially abandoned its open-source roots and announced that any commercial use of Stable Diffusion would cost customers at least $20 per month (non-commercial and research use of Stable Diffusion would remain free). But privately, Stability was considering a potentially more lucrative source of revenue: reselling the compute it was leasing from providers like AWS, according to six people familiar with the effort. Though it was essentially GPU arbitrage, Stability framed the strategy to investors as a “managed services” offering. Its damning October financial report projected optimistically that such an offering would bring in $139 million in 2024 — 98% of its revenue. Multiple employees at the time told Forbes they feared reselling compute, even if the company called it “managed services,” would violate the terms of Stability’s contract with AWS. Amazon declined to comment. “The line internally was that we are not reselling compute,” one former employee said. “This was some of the dirtiest feeling stuff.” Stability also discussed reselling a cluster of Nvidia A100 chips, leased via CoreWeave, to the venture capital firm Andreessen Horowitz, three sources said. “It was under the guise of managed services, but there wasn’t any management happening,” one of these people told Forbes. Andreessen Horowitz and CoreWeave declined to comment. Stability did not respond to questions about if it plans to continue this strategy now that Mostaque is out of the picture. Regardless, interim co-CEOs Wong and Laforte are on a tight timeline to clean up his mess. Board chairman Jim O’Shaughnessy said in a statement that he was confident the pair “will adeptly steer the company forward in developing and commercializing industry-leading generative AI products.” But burn continues to far outpace revenue. The Financial Times reported Friday that the company made $5.4 million of revenue in February, against $8 million in costs. Several sources said there are ongoing concerns about making payroll for the roughly 150 remaining employees. Leadership roles have gone vacant for months amid the disarray, leaving the company increasingly directionless. Meanwhile, a potentially catastrophic legal threat looms over the company: A trio of copyright infringement lawsuits brought by Getty Images and a group of artists in the U.S. and U.K., who claim Stability illegally used their art and photography to train the AI models powering Stable Diffusion. A London-based court has already rejected the company’s bid to throw out one of the lawsuits on the basis that none of its researchers were based in the U.K. And Stability’s claim that Getty’s Delaware lawsuit should be blocked because it's a U.K.-based company was rejected. (Stability did not respond to questions about the litigation.) AI-related copyright litigation “could go on for years,” according to Eric Goldman, a law professor at Santa Clara University. He told Forbes that though plaintiffs suing AI firms face an uphill battle overcoming the existing legal precedent on copyright infringement, the quantity of arguments available to make are virtually inexhaustible. “Like in military theory, if there’s a gap in your lines, that’s where the enemy pours through — if any one of those arguments succeeds, it could completely change the generative AI environment,” he said. “In some sense, generative AI as an industry has to win everything.” Stability, which had more than $100 million in the bank just a year and a half ago, is in a deep hole. Not only does it need more funding, it needs a viable business model — or a buyer with the vision and chops to make it successful in a fast-moving and highly competitive sector. At an all hands meeting this past Monday, Stability’s new leaders detailed a path forward. One point of emphasis: a plan to better manage resources and expenses, according to one person in attendance. It’s a start, but Mostaque’s meddling has left them with little runway to execute. His resignation, though, has given some employees hope. “A few people are 100% going to reconsider leaving after today,” said one current employee. “And the weird gloomy aura of hearing Emad talking nonsense for an hour is gone.” Shortly before Mostaque resigned, one current Stability executive told Forbes that they were optimistic his departure could make Stability appealing enough to receive a small investment or sale to a friendly party. “There are companies that have raised hundreds of millions of dollars that have much less intrinsic value than Stability,” the person said. “A white knight may still appear.”

#reddit #stability #ai’s

[R] AutoDev: Automated AI-Driven Development - Microsoft 2024

0

Singularian2501•This week

[R] AutoDev: Automated AI-Driven Development - Microsoft 2024

Paper: https://arxiv.org/abs/2403.08299 Sorry posted a wrong github link. The real code sadly isnt public yet! Thank you for everyone who pointed that out to me! ~~Github includes Code + AutoDev Coder Model:~~ ~~https://github.com/unit-mesh/auto-dev~~ Abstract: The landscape of software development has witnessed a paradigm shift with the advent of AI-powered assistants, exemplified by GitHub Copilot. However, existing solutions are not leveraging all the potential capabilities available in an IDE such as building, testing, executing code, git operations, etc. Therefore, they are constrained by their limited capabilities, primarily focusing on suggesting code snippets and file manipulation within a chat-based interface. To fill this gap, we present AutoDev, a fully automated AI-driven software development framework, designed for autonomous planning and execution of intricate software engineering tasks. AutoDev enables users to define complex software engineering objectives, which are assigned to AutoDev's autonomous AI Agents to achieve. These AI agents can perform diverse operations on a codebase, including file editing, retrieval, build processes, execution, testing, and git operations. They also have access to files, compiler output, build and testing logs, static analysis tools, and more. This enables the AI Agents to execute tasks in a fully automated manner with a comprehensive understanding of the contextual information required. Furthermore, AutoDev establishes a secure development environment by confining all operations within Docker containers. This framework incorporates guardrails to ensure user privacy and file security, allowing users to define specific permitted or restricted commands and operations within AutoDev. In our evaluation, we tested AutoDev on the HumanEval dataset, obtaining promising results with 91.5% and 87.8% of Pass@1 for code generation and test generation respectively, demonstrating its effectiveness in automating software engineering tasks while maintaining a secure and user-controlled development environment. https://preview.redd.it/5nxqajnvbkoc1.jpg?width=924&format=pjpg&auto=webp&s=8343c5fb33d2914bbfbf2dd9c164b5970b9743ab https://preview.redd.it/z5fkkjnvbkoc1.jpg?width=1364&format=pjpg&auto=webp&s=bc434ff384d2ed67ea0382dbbb68b9a90313cd44

#reddit #autodev:#automated

I built a no-code solution for UI-driven AI applications, But I'm lost on the business side - How to market and transform it into a viable business?

0

1

vnjxk•This week

I built a no-code solution for UI-driven AI applications, But I'm lost on the business side - How to market and transform it into a viable business?

Hey everyone! sorry for the "no-code solution for UI-driven AI applications" (counted 3 buzzwords), couldn't find a way to describe it so I asked claude I'm in a bit of a pickle and could use some wisdom from this awesome community. A few months back, I developed a tool that I'm pretty excited about, but I hit a wall and shelved it. Now I'm feeling the itch to dive back in, but I'm struggling with the business side of things. Here's the gist: It's a drag-and-drop UI builder You can define buttons to execute logic and AI behind the scenes (using no-code) It uses the UI built for both input and output The good news: The site is functional and looks pretty slick (except the produced UI from the builder). Most features are implemented, though I still need to polish up the UI blocks and add more workflow nodes. The not-so-good news: I have zero users and no clear monetization strategy. The tool is so versatile that I'm having trouble figuring out how to even approach marketing it effectively. So, I turn to you guys in hopes of finding a direction: Any ideas on potential monetization strategies for a tool like this? How would you approach marketing such a multi-purpose product? Has anyone been in a similar situation? How did you move forward? generally I'd love to hear your thoughts, experiences, or even wild ideas! Thanks in advance for any insights you can share. The site is withui.com you can test it out

#reddit #built #no-code

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rasvi786•This week

Founder Pitch: AI Agent for Simplifying Public Cloud Management

Video to understand : https://youtu.be/9ocUjlUrU\w?si=S0ETDbKSdJqlVDyg Are You Ready to Redefine Cloud Management with AI? Imagine an intelligent AI agent that transforms the complexity of managing public cloud infrastructure into simple, natural language commands. No more navigating through endless configurations or deciphering technical documentation—our AI agent is here to revolutionize the way organizations interact with cloud platforms. About the Project We’re building an AI-powered agent designed to handle public cloud management tasks seamlessly. Whether you’re setting up your organization’s cloud foundation or deploying complex workloads, this AI agent makes it as easy as having a conversation. What Can the AI Agent Do? Cloud Foundation Setup: Example: “Please set up a cloud foundation blueprint for my organization on Google Cloud.”* The AI agent will ask key questions (e.g., organization ID) and guide you through authentication. Once authorized, it sets up the foundation using GCP APIs. Workload Deployment: Example: “Spin up a GKE cluster for me.”* The agent will ask for necessary details (e.g., number of nodes, VPC info), authenticate, and deploy the cluster in minutes. Security and Compliance Validation: Example: “Validate my organization’s cloud setup and check for security vulnerabilities.”* The agent audits your setup, identifies potential risks, and provides actionable insights. Current Progress We’ve developed a working prototype that integrates with major cloud providers like Google Cloud. The AI agent can already: Authenticate with cloud APIs Execute foundational tasks such as setting up organizations and spinning up clusters Perform initial security validations Who I’m Looking For I’m searching for a co-founder with enterprise sales experience and a strategic vision to grow our user base. You will be instrumental in helping us: Build relationships with companies willing to pilot our product Develop go-to-market strategies for enterprise adoption Identify opportunities for partnerships with cloud service providers Your Role As a co-founder, you’ll lead efforts to: Secure Pilot Programs: Identify and onboard enterprises for product trials to gather feedback and refine the solution. Drive Growth: Develop scalable strategies to grow our user base across industries. Market Positioning: Work with me to define our unique value proposition and establish thought leadership in the cloud management space. My Background I bring over a decade of experience in tech, with a strong focus on software engineering and infrastructure. My contributions so far include: Developing the core AI engine and cloud integrations Designing workflows that simplify complex cloud tasks Why Join This Project? Revolutionize Cloud Management: Be part of a project that will redefine how organizations interact with public clouds. Tackle Challenging Problems: Work at the cutting edge of AI and cloud computing. High Growth Potential: Join an industry projected to grow exponentially as enterprises embrace AI-driven automation. Build a Company from Scratch: Shape the product, team, and culture as we grow together. What’s Next? Our immediate priorities include: Expanding the AI agent’s capabilities to support multi-cloud setups. Conducting pilot programs with enterprise clients. Iterating on the product based on real-world feedback. What We Need to Succeed Expertise in enterprise sales and partnerships A deep understanding of enterprise challenges and cloud adoption trends A shared passion for leveraging AI to solve complex problems Let’s work together to build the future of cloud management. If you’re excited about this vision and bring the expertise we need, I’d love to connect and discuss how we can take this project to the next level.

#reddit #founder #pitch:

I single-handedly built the world’s best AI investing platform. Here’s NexusTrade’s 2024 year in review

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No-Definition-2886•This week

I single-handedly built the world’s best AI investing platform. Here’s NexusTrade’s 2024 year in review

I copy-pasted the content of this article to save you a click! I’ve been developing an AI investing platform for 4 years, and I’m blown away by all of the new features I’ve gotten done! Here’s my project’s 2024 year in review —- When someone asks me what is the best way to learn how to trade and invest, I have an unbiased answer – NexusTrade.io. I started NexusTrade to empower everybody, including beginners and non-technical investors, to learn how to make smarter investing decisions. NexusTrade is the best way for a new investor to learn algorithmic trading and financial research, and I’m not the only person to think so. Just this year alone, user growth has skyrocketed from 1,703 users to 14,319 users. This is driven by new features, better research tools, and the launch of algorithmic trading. Here’s NexusTrade’s 2024 year in review, a semi-complete list of the features I’ve launched. Summarizing this year in review TL;DR: I implemented a variety of new features to enhance NexusTrade’s algorithmic trading and financial research capabilities. This includes: Cryptocurrency support Enhanced financial research, like the AI-Powered Stock Screener Unique watchlists and daily market summaries Live-trading with Alpaca. Next year, I plan to implement features to make NexusTrade more tailored for each user’s experience, and launch several unique features including copy trading and fully automated algorithmic trading. Feature-by-feature: What have I done so far in 2024? Algorithmic Cryptocurrency Trading Picture: Algorithmic Cryptocurrency Trading I kicked off the year by adding cryptocurrency support to NexusTrade. Users can now research, design, and implement automated strategies for popular cryptocurrencies, such as Bitcoin, Dogecoin, and Ethereum. AI-Powered Stock Screener and research capabilities Picture: AI-Powered Stock Screener In tandem with cryptocurrency support, I made a huge update to Aurora, the AI Assistant in NexusTrade, by implementing a natural language stock screener. This screener makes it easy to find fundamentally strong stocks. Throughout the year, I’ve made several enhancements to it. Over time, I’ve made the screener faster, more accurate, and expanded its capabilities. Using fundamental indicators within trading strategies Picture: Using fundamental indicators Doing financial research for companies isn’t enough; we also need a way to integrate this type of research into trading strategies. Thus, I’ve expanded the NexusTrade indicators, and made it possible to create strategies using metrics like revenue, net income, free cash flow, and P/E ratio. Stock watchlists with tailored, automated daily emails Picture: Stock watchlists In addition, I didn’t want the research you may have done for a stock (or list of stocks) to be forgotten. Thus, I created the most useful watchlist page of any investing platform. This watchlist makes it easy to keep track of your favorite stocks, track them over time, and even receive curated, daily emails about them. Enhanced user profile page, Google sign-ins, and two-factor authentication Picture: Enhanced user profile Keeping in theme with adding new pages to NexusTrade, many pages, such as the profile page, got a huge revamp. The new profile page is cleaner, easier to use, and allows you to secure your account more effectively, for example, by using two-factor authentication. GPT-Reports: an AI-generated analysis of every stock in the market Picture: GPT-Reports I created GPT-Stock Reports, an AI-Generated analysis of every stock in the market. This report was generated by taking each company’s earnings data and asking GPT to analyze the stock and give it a rating. Manual and semi-automated algorithmic trading with Alpaca Picture: Manual and semi-automated trading Finally, I’ve fully launched the Alpaca integration, and enabled users to execute real trades directly in the NexusTrade app! This integration has transformed NexusTrade from a financial research app into a real, algorithmic trading platform for retail investors. Concluding Thoughts When I say that NexusTrade is the best platform for traders and investors to make more money in the stock market, you may naively think that I’m biased. I created the app, and the rose-tinted glasses is bound to make every red flag look like a regular flag, right? Wrong. NexusTrade is objectively a completely new way for investors to approach financial markets. The fact that the app is so expansive is nothing short of miraculous.

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