An entrepreneur's perspective

Luck is probably N1 contributor in building a successful business.

I know 4 levels of getting lucky.

Level 1: Luck comes to you.

This is when luck happens without you doing anything. It can be like winning the lottery, getting money from a family member who passed away, or finding hidden treasure.

Level 2: You make your own luck through hustling.

This is when you work really hard on something like a book, product, or business and make it really good. At some day hustling pays off by gods of luck and your effort becomes “over night success”.

Level 3: You are a hunter for luck.

At this level, you get good at finding chances to succeed in what you do. This can be like investing in other people's good ideas or buying stocks in companies like Nvidia or Tesla a long time ago.

Level 4: You're a magnet for luck.

You build  a very unique personal brand or special knowledge, attracting people who have found luck to come and share their fortune with you. Lets say you build a unicorn tech company in agriculture, everyone involved in agriculture will aspire to collaborate with you and share in the success.

The well-known outlier  is Elon Musk who constantly gets $10B+ opportunities very often. 

My current level of luck is between 3, working on 4. Reply to this email sharing your “Level of luck” and story.

News

1. New MIT study suggests that AI won’t steal as many jobs as expected.

   The MIT study indicates that AI is unlikely to replace human jobs as quickly as some fear. Only 23% of vision-related tasks are currently cost-effective to automate with AI. Custom AI systems are still more expensive than human labor for most jobs. The change in job markets due to AI may happen more gradually than expected.

2. Chrome is getting 3 new generative AI features. 
   Google's latest Chrome update introduces new AI features: it sorts tabs automatically, creates custom themes, and will soon offer writing assistance. This is part of Google's strategy to gradually incorporate AI into its products, subtly shifting consumer habits towards using advanced technology.
3. Google’s insane Lumiere video generation AI.
   Google's new AI model Lumiere creates realistic 5-second videos in one pass, offering better consistency and less choppiness. It uses a "space-time" neural network and can generate videos from text or animate still images. This advancement in AI video generation is expected to have a significant impact in 2024, following its Hollywood debut last year.
4. OpenAI introduces GPT mentions.
   OpenAI's new 'GPT mentions' feature in ChatGPT lets users add custom bots into a chat by simply using '@', similar to tagging in Slack. This makes it easier to use multiple GPTs in one conversation, streamlining the process and improving productivity. The feature is currently rolling out to premium users, enhancing the ability to have multiple AI agents collaborate in a single chat.

Tool of the week

If you are a founder or a solopreneur you know that you need to stay informed about current events, particularly in your industry. Glasp helps with this. It's an extension that turns web pages into custom notebooks. You can highlight important information and add your own notes.

• What you need is just highlighting sentences you like, which end within two seconds.
• You don’t need to copy and paste sentences one by one while reading.

The great thing is, all your highlights and notes are gathered in one spot.

P.S. Please recommend an AI Tool that you look to be shared next week.

10Web in social media

TikTok

Instagram

Pro tip for Gmail users: Prioritize us in your inbox

On mobile:

1. Launch the Gmail application on your smartphone.
2. Find our newsletter email.
3. Tap on the three dots (⋮) located at the top right corner of the email.
4. In the menu that appears, tap on "Move to."
5. Select "Primary" from the list to move the email.
   
   

On desktop:

1. Go to the Gmail website and log in to your account.
2. Locate our newsletter email.
3. Click and hold the email, then drag it over to the "Primary" tab at the top left of your screen. 
4. Drop the email in the "Primary" tab to move it. 

Rate this newsletter

What can I do to improve this newsletter? Kindly provide your feedback by rating this newsletter on a scale from 1 to 10 in your reply to this email. Your input will help me customize the content to better align with your preferences.

Regards,
Arto Founder/CEO at 10Web.io
https://www.linkedin.com/in/artominasyan/