Pivot ChatGPT Will See You Now, and Silicon Valley Bank Fallout Continues
42 snips
Mar 17, 2023 The U.S. government pressures TikTok to divest from its Chinese ownership, while Meta continues its cost-cutting with major layoffs. The fallout from the Silicon Valley Bank crisis raises questions about accountability and leadership in finance. ChatGPT’s new visual capabilities create buzz, but concerns about ethical implications arise, particularly in gambling. The discussion digs into venture capital's role in tech and banking trends, blending humor with serious insights on the evolving landscape of finance and technology.
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Negotiation Advice
- In negotiations, avoid win-lose scenarios and emotional reactions.
- Show a willingness to walk away to demonstrate seriousness.
Layoff Strategy
- Layoffs are a cost-cutting strategy for tech companies to improve operating margins.
- It's currently easier to cut expenses than to increase revenue.
Brand Impact
- Silicon Valley Bank's brand, associated with a risk-taking culture, fueled public anger over the bailout.
- The narrative suggests that VCs profit from risky ventures but expect government intervention when losses occur.