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Balaji’s $1M Bitcoin bet, banking crisis update, OpenAI launches GPT-4, and Jay Trading! | E1702

This Week in Startups

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How LLMs Will Affect US Jobs

Research suggests that half of all of US jobs will be cut in half or made twice as efficient by LLM. The amount of money it took to get a product to market went from being $3 million 20 years ago, 25 years ago,. It would take maybe $2 million to get an internet product to market now.

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