👊 Domi's favourite Things - Issue #14

"Last Bank Standing" & "Davos Believes" from the Swiss Alps 🇨🇭

Read time: 4.50 Minutes

Servus Friends,

hope you liked the Insights from the Book over Europe's Future vs. China in the last Issue. 🇪🇺

This Time we go for the expensive Swiss again. 🇨🇭

They scored One Up & One Down for this Issue. But here is a fun Note about the Swiss for you:

Just Imagine, they are so rich that they were nearly not affected by Inflation like we all are in the past Year.

But maybe it is also a True Story, that a Swiss Minimum Wage would push you to the upper 10% even in Germany. I mean a f*cking Kebab for 15€ in Zürich. 🙃

So let's dive in and enjoy...

The Things we are digging in Today:

  1. 🏦 The Proof that also the Swiss Banking System can Fail 🇨🇭

  2. 🦾 Don't fear AI, instead use the Opportunities ahead 🇨🇭

  3. #Twitter-Box: 🤖 Some AI-Tools which do the work for ya... 🖇

  4. #Domi's favourite 5 - Random Tiles Edition 🀄️

# 1 - 🏦 Masters of the Universe? - No also a Swiss Bank can Fail...🇨🇭

Banks here, Banks there, all about Banks...in the current News & at the Markets.

Some of them are "to Big to Fail". Some of them maybe... don't. Here is newest Part of this infinite Story...

My favourite Binge Channel (ColdFusion) is showing us the colourful Story behind the Credit Swiss. Save that one for later my Friends...

A bit of a fun One here: Credit Suisse is an Anagram of "Credit Issues" and "I see it's crud". 😅

But this Story should remind us to stay aware and at least to use always a little bit of critical sense. I believe if we would do some research, we would find for every Year a big Failure like Credit Suisse, think of Wirecard in 2021 and so on...

# 2 - 🦾 Oh no, AI again? ... Okay, but here is one which really helps you in the Future 🇨🇭

AI is here to stay. I told you this before and I say again. At least this one last Time. Even the World Economic Forum from Davos is thinking that... (they also run a great YT-Channel if you interested)

The new Era of Machine Learning shouldn't scare out the shit of us. Instead we should start to think more of its new Opportunities.

An interesting One is the upcoming Profession of a "Prompt Engineer".

Just to remind you, a "Prompt" in AI means in simple terms, "the Question/Command you ask/give to the Program". Because different Prompts can have a dramatical power to the Output/Answer, good Prompt Engineering is mandatory.

Don't think of the Prompts you use to ask the Akinator some years ago. (The App what guess the celebrity you think of)

And think of a way more complicated AI than ChatGPT, which only uses Public Data. Instead think of an AI which uses Top Secret NSA Data. Putting together Prompts there would be way more complicated than our Daily Asks for a great Pick up Line. 🥸

The following Article by the World Economic Forum will bring more light to us...

Q&A with Albert Phelps: The rise of the 'prompt engineer' and why it matters

Albert Phelps, a prompt engineer at Accenture, believes one day we might all be doing some of his jobs. Here he explains what the role involves and more.

https://www.weforum.org/agenda/2023/05/growth-summit-2023-the-rise-of-the-prompt-engineer-and-why-it-matters/

When we think of where AI leads us to in the Future, we should think more of Ideas and Directions in the long run.

When the Smartphone came to us, the first Apps were some crazy Beer Counters or random Stuff like a "To Do List". Later this developed to Message Apps with Video and even complicated Stuff like Photoshop or Trading on the Phone.

My Point is, think more of WeChat or Uber than Subway Surfer or Wunderlist in terms of AI.

#Twitter-Box: 🤖 AI is here to do the Work for you, not to take it from you 🖇 

To Follow up the Prompt Engineering Stuff, here some great Tools to use to make better Prompts at Midjourney (AI-Images) etc...

To bring up Peter Thiel's Contrarian Idea from the last Issues again, I really think that AI-Detection can be a big Industry in the Future. Just to give you some good Business Hints.

We all see nearly every day impressive Examples of the Capabilities of AI. Real looking Pictures of Merkel & Obama at the Beach. Made up Songs like Drake's. Or Students which writing their whole Thesis by ChatGPT 4.

So here I have some Tools to start you up...

I told it nearly every Issue before and "now we here again", but learning to use the AI-Tools of the Future is critical for your Career Success. By the Way, their Newsletter is a great start to get more into the AI/Prompt-Topic.

I promise in the next Letters I will focus more on entrepreneurial Methods again, I think you got my point now. (People who met me before also know that I repeat sometimes things a lot 🙃)

#Domi's favourite 5 -  Random Tiles Edition 🀄️

Here some nerdy Reads & Media of last Week:

Feedback please! Help me to improve for more fun Stuff.

Click on a link to vote:

Meme of the Week

If you have Friends working at VC's... Just ask them!

When I was working at an Incubator many Years ago, we even put up Math Equations on Windows to look smart in front of Investors. (like in the Beautiful Mind Film) 😂 

🤣😂 Thanks for reading the 14th Issue.

Please share with your Friends and have an epic Week. 👊