This week Logan and Evan are join by Michael Lewis, Co-Founder at THESIS Education, to discuss the Silicon Valley Bank crisis that shook the tech industry. SVB received an influx of deposits due to the tech boom and VC, leading to unrealized losses when they invested poorly. They sold at a loss and raised more money, causing a run on the bank. We explore the misunderstanding of the $250k FDIC deposit insurance limit, the systemic risk, and the government response, including guaranteeing deposits and letting banks fail.

In our AI Edge segment, we showcase Chat-GPT 4's impressive abilities such as turning a napkin sketch into a website and generating recipes from grocery photos. We also delve into the backstory of OpenAI LP, a capped profit company spun up in 2019.

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In this episode, we caught up with Kate Van Pelt from Synaptek, who we previously interviewed in 2019. They've made significant progress in the field of concussion protocol management and are currently raising funds for their company. Kate shares insights on the new business model they're taking on with Synaptek and all of the exciting developments since we last talked to them.

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This week Logan and Evan discuss Figure releasing their first images of its humanoid robot. The also discuss how Neuralink was denied by the FDA to begin human testing and the future of the company. And we go recent news in the AI space in our AI Edge Segment!

0:00 - Intro

3:02 - Kentucky Invests $117 Million Toward Small Businesses

10:38 - Massive Growth Coming to Elizabethtown, Kentucky

13:51 - Giving Our Flowers to Governor Beshear

15:41 - Thoughts on Recession and Growth in Kentucky

17:07 - Figure Releases Images of their Humanoid Robot

18:57 - The Big Race for General Purpose Robots

21:48 - The Difference Between Boston Dynamics and Optimist

24:49 - Neuralink Gets Denied by the FDA

28:27 - Would You Get Neuralink?

30:20 - AI Edge

Articles

Figure emerges from stealth with the first images of its humanoid robot

Stable Diffusion can visualize human thoughts from MRI data

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This week Logan and Evan discuss whats going on in Kentucky with startups and raising capital. The DOJ is reportedly getting ready to file suit to block the $20 billion Adobe-Figma deal  announced last year on the grounds it is anti-competitive. And we go recent news in the AI space in our AI Edge Segment!

0:00 - Intro

3:23 - Kentucky startups that are leveraging Wefunder

8:26 - The Current Issue with Raising Funds in Kentucky

19:31 - DOJ Blocks Adobe’s Acquisition of Figma

25:55 - AI Edge Section

Articles

http://www.bizjournals.com/louisville/inno/stories/fundings/2023/02/23/cornbread-hemp-raises-funds.html

https://www.bizjournals.com/louisville/news/2020/04/13/crowdfunding-in-the-time-of-coronavirus-cornbread.html

https://www.bizjournals.com/louisville/inno/stories/news/2023/02/24/yornest-sputnik-atx-accelerator-group-chat-2023.html

https://techcrunch.com/2023/02/24/doj-suit-could-represent-significant-stumbling-block-for-20b-adobe-figma-deal/

https://techcrunch.com/2022/09/26/designers-underwhelmed-by-adobe-figma-deal/

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This week Logan and Evan discuss what’s going on with Tesla recalls, Twitter’s algorithm update for Elon, Shopify’s move to reduce meetings, and the newest the development in AI.

0:00 - Intro

1:55 - Train Derailment

5:23 - Tesla Recalls

9:34 - Elon vs Biden Twitter Impression

13:10 - Shopify Cutting Back on Meetings

20:21 - AI Fighter Jet

24:24 - Bing Chat

26:28 - Prompt Injection

32:41 - AI Edge: Writing Emails

Articles:

https://www.reuters.com/business/autos-transportation/tesla-recalls-362000-us-vehicles-over-full-self-driving-software-2023-02-16/

https://interestingengineering.com/culture/elon-musk-hits-back-at-media-reports

https://twitter.com/POTUS/status/1624931580962656261

https://www.snopes.com/fact-check/elon-musk-eagles-tweet/

https://www.platformer.news/p/elon-musk-fires-a-top-twitter-engineer

https://www.npr.org/2023/02/15/1156804295/shopify-delete-meetings-zoom-virtual-productivity

https://www.edwards.af.mil/News/Article/3297083/dod-artificial-intelligence-agents-successfully-pilot-fighter-jet/

https://twitter.com/marvinvonhagen/status/1623658144349011971

https://www.theverge.com/2023/2/17/23604906/microsoft-bing-ai-chat-limits-conversations

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On this episode of Middle Tech, Logan and Evan cover:

0:00 - Intro

5:04 - AI Competition Heats Up

10:45 - China’s Baidu is releasing their own ChatGPT

14:55 - Microsoft is launching an all-new, AI-powered Bing search engine

22:48 - AppHarvest announces $40M public stock offering

31:28 - AI Edge, Headlines and Tips

Articles:

Google shares drop $100 billion after its new AI chatbot makes a mistake

China's biggest search engine is to set launch a ChatGPT rival in March

Reinventing search with a new AI-powered Microsoft Bing and Edge, your copilot for the web

AppHarvest announces $40M public stock offering

DevelopLex Happy Hour: Click Here

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On this episode of Middle Tech, Logan and Evan cover:

0:00 - Intro

5:09 - Chinese Weather Balloon Shot Down Live

10:08 - FTC’s proposed ban on noncompete agreements

27:40 - AI Edge, Headlines and Tips

DevelopLex Happy Hour: Click Here

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On this episode of Middle Tech, Logan and Evan cover:

4:35 - Google Ads business under attack in Anti-trust Lawsuit

12:00 - Google created an AI-powered musician

17:15 - Shutterstock partners with OpenAI to avoid extinction

25:40 - AI Edge

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On this episode of Middle Tech, Logan and Evan cover: 

3:00 - Microsoft Laying off 10,000 workers 

9:00 - Corvette going Hybrid

12:34 -TikTok Bans 

21:23 - Tesla fake auto-pilot video

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On this episode of Middle Tech, Logan and Evan cover:

- Kentucky's SBIR grants award nearly $900k to Kentucky Startups

- The airline industry is having technology problems - why?

- Tesla announces global price cuts of up to 20%

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