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02 Apr 16:09

Sam Altman’s prediction has come through

by Tyler Cowen

From his house in Los Angeles, Mr. Gallagher, 41, used A.I. to write the code for the software that powers his company, produce the website copy, generate the images and videos for ads and handle customer service. He created A.I. systems to analyze his business’s performance. And he outsourced the other stuff he couldn’t do himself.

His start-up, Medvi, a telehealth provider of GLP-1 weight-loss drugs, got 300 customers in its first month. In its second month, it gained 1,000 more. In 2025, Medvi’s first full year in business, the company generated $401 million in sales.

Mr. Gallagher then hired his only employee, his younger brother, Elliot. This year, they are on track to do $1.8 billion in sales.

Here is more from Erin Griffith at the NYT.   Maybe Sam said “one person” running a billion dollar company, but if the two are closely genetically related still I will count this.

The post Sam Altman’s prediction has come through appeared first on Marginal REVOLUTION.

22 Jul 15:45

Vaccines Dramatically Reduce Deaths

by Alex Tabarrok

A very good graph from the New Statesman. The vaccines give the body a huge advantage in fighting the virus so even when there are infections the number of deaths is dramatically reduced. This is UK data but the same type of relationship should hold everywhere.

The post Vaccines Dramatically Reduce Deaths appeared first on Marginal REVOLUTION.

23 Aug 12:48

Going for a 1970s Summer

by Joanna Goddard

Giving Your Kids a 1970's Summer

This weekend, we visited friends in the North Fork, the laid-back waterfront towns along the top of Long Island, with rocky beaches, oyster stands and a giant carousel.… Read more

The post Going for a 1970s Summer appeared first on A Cup of Jo.