🤯 OpenAI releases GPT-4o

Happy Monday! Last week was action-packed, and the news keeps heating up.

May 20, 2024 • Estimated Reading Time: 7 minutes

Welcome, tech friends

Welcome to our first edition!

Check out our hot AI tools on this week’s Trending Tools list. For The Biggest Thing, we’re analyzing the release of OpenAI’s latest flagship model GPT-4o. We discuss stepping away from creative work to create new jolts of inspiration. You won’t want to miss our Product Tip this week on how to take photos in video mode on your iPhone. We’ve got a handful of great Snapshots from the past week on the internet, including a post on strategy from Dave Kellogg. And you won’t want to miss this week’s video that explores the current state of the 2024 tech job market.

Let's dive in! 👇

This week:

🧐 THE BIGGEST THING

OpenAI releases GPT-4o

OpenAI releases GPT-4o

Image Credits: OpenAI

tldr: OpenAI released it’s latest flagship model GPT-4o. It’s faster, cheaper, and more lifelike.

Key Points:

  • The “o” in GPT-4o stands for “omni,” and it introduces multimodal with real-time audio and visual interactions

  • GPT-4o outperforms GPT-4T (actually, all models) across almost every single benchmark

  • All users, including free, can now experience GPT-4 level intelligence with features like memory, data analysis, and the custom GPT store

  • There is a new MacOS desktop version of ChatGPT (Apple silicone-only)

  • AI hyper scalers are in a race to arms

Cheaper API pricing:

  • 50% lower pricing. GPT-4o is 50% cheaper than GPT-4 Turbo, across both input tokens ($5 per 1 million tokens) and output tokens ($15 per 1 million tokens).

  • 2x faster latency. GPT-4o is 2x faster than GPT-4 Turbo.

  • 5x higher rate limits.

Why this matters:

The way we interact with GPT’s going forward has fundamentally changed. Omni features unlock many innovative use cases. We’re already seeing the proliferation of novel ideas showing up on X. The next generation of AI agents, tools, and pipelines will benefit from faster, cheaper, and more democratized access to Open AI’s models.

🥒 PRODUCT PICKLE

Weekly anecdotes from the front lines

The art of stepping away

I’ve been working feverishly this year. My days are split between multiple projects. Client work. Personal work. Job searching. And launching new products and services, like this newsletter here.

In the realm of creativity, pursuing excellence often leads me to intense, immersive work sessions where I pour every ounce of my energy into my projects. I’ve noticed how I can get so immersed in THE WORK that I can begin to stress myself out if I'm not careful.

Luckily, and quite surprisingly, one trick I’ve been employing is simply putting it away. That’s right, put the computer down and do something else.

The Magic of Distance

One of the most powerful tools in a creative's arsenal is not constant creation but the act of stepping away. Deliberately taking a break from work can lead to profound insights, renewed energy, and a deeper connection to our creative vision.

When deeply involved in a project, we can become so close to the work that our perspective narrows. A good thing! We lose sight of the broader picture, entangled in the minutiae of our efforts. By stepping away, we create distance—a mental and emotional space that allows us to view our work with fresh eyes. This distance fosters clarity, enabling us to see previously overlooked aspects and discover new pathways that take our projects to new heights.

Tips for Achieving Fresh Eyes

  1. Take scheduled breaks

  2. Engage in a different form of creativity

  3. Nature retreats

❝

“Stepping away from your creative project is not a retreat but a strategic advance. By creating intentional distance, engaging in diverse activities, and immersing yourself in nature, you return to your work with fresh eyes and a revitalized spirit. Embrace the power of stepping away, and watch your creativity flourish in ways you never imagined.”

— Rick Reubin, Author of The Creative Way and The Creative Act

💡  PRODUCT TIPS

Did you know… you can take photos while filming video on your iPhone? Apple calls this a QuickTake video, which allows you to take photos while recording.

How to do this:

  1. Open Camera, then touch and hold the Shutter button to start recording a QuickTake video.

  2. Slide the Shutter button to the right and let go over the lock for hands-free recording.

  3. Tap the Capture Photo button on the right to automatically take still photos.

iOS quick take video

🔗 SNAPSHOTS

Direct links to relevant articles and social media posts.

The Seven Layers of Product Design

www.linkedin.com/feed/update/urn:li:activity:7194232377026428930

How much does a VP of Product at a Series B company make in SF?

Base Salary: $230K - $300k Equity: 0.24% - 0.9%

www.linkedin.com/posts/marcbaselga_how-much-does-a-vp-of-product-at-a-series-ugcPost-7195083256562647040-rKd9?utm_source=share&utm_medium=member_desktop

More interesting posts:

🔗 Interacting with tables and charts in ChatGPT (Link)

🔗 Reach Capital releases their Ed Tech Playbooks (Link)

🍿 VIDEO OF THE WEEK

2024 State of the Tech Job Market