An entrepreneur's perspective

“Clear thinker” is a better compliment than “smart”.

Pressure - Entrepreneurs are perpetually under pressure, needing to make rational decisions with limited information regarding the problem at hand. A clear thinker will invariably make a better decision than someone who is merely smart.

Strategic - Clear thinkers are strategic; they can see the bigger picture and plan several steps ahead. They're able to prioritize what's essential for growth and scalability, a crucial trait for anyone looking to build and expand a business.

Communication - Clear thinkers can articulate their ideas and reasoning effectively. This ability is crucial for entrepreneurs who must constantly communicate with investors, employees, and customers. Being smart doesn't always mean one can convey complex ideas in an understandable and persuasive manner.

News

1. OpenAI tests new ChatGPT memory capabilities.
   OpenAI has started a new test that lets ChatGPT remember information from past chats to give better, customized help. Users can decide what ChatGPT remembers and can delete or turn off this memory feature.
   This improvement helps ChatGPT understand user preferences and instructions better over time. Initially, a few users will try this out, with plans to expand it later. This is important because it makes talking to AI more natural and personalized while keeping users in control.
2. Nvidia releases local RTX chatbot for PCs.
   Nvidia launched Chat with RTX, a free chatbot for Windows RTX PCs. It works offline, using your files for answers, improving privacy. It can also use data from YouTube videos. This move by Nvidia challenges other chatbots like ChatGPT and boosts RTX PC sales by offering chatbot features directly on your computer.
   
3. OpenAI stealth drops Sora video generation model.
   OpenAI introduced Sora, a new AI that turns text and images into realistic videos up to one minute long. Sora mixes technology from GPT and DALL-E to make videos look real and detailed. It works with text, images, and can add scenes to existing videos. Right now, it's available to a small group for feedback. Its training might involve synthetic data, suggesting a big advance in AI video technology. Sora opens up new creative possibilities and challenges.
   

Tool of the week

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