AI Insights Newsletter – 29th April 2024

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Welcome back to another NotCentralised AI Insights newsletter covering the news of the week in our world. We kick things off with a little podcast that Arturo and I did down at Bar Lulu in The Rocks. We did a deep dive into Arturo’s thought piece on reducing stochasticity when dealing with LLMs. Check it out here.

You can read the full paper on stochasticity here.

Also this week, we pushed out the replay of the DSAI (Data Science and AI Australia) event we showcased and filmed. We highlighted the new sponsor for DSAI in NVIDIA. We heard from Johan Barthelemy, their local representative based in Wollongong. It was also great to do some outgoing thanks and handover to the new crew who will run the events as Arturo and I step away from main duties there (though we’ll still find ways to contribute where we can). You can see Arturo’s talk as part of this here

We also have the full replay here

Over to the news and one of the things we thought was quite interesting this week. Was this video on how people are very much prompting GPT tools the wrong way, whether it’s beginners or even those who are a bit more seasoned. Here’s the video

And also check out mark’s write up on it here in his weekly newsletter here. Or on LinkedIn if you missed it here.


The Rabbit is out, the R1 AI powered device was released to 1st round buyers this week and the results have been mixed. Here’s ZDNet’s take on it here.


Another thing to note this week was llama 3 and how this open source model is beating competitors much bigger than it and it all has to do with how it’s trained.

Great paper here covering various AI research papers. Now you could obviously just throw these papers into SIKE or other tools and ask questions but videos are always nice too. Check that out here


Matt Wolfe with his weekly recap of what’s happening in the AI space

Implicit bias in different AI models? It sure looks that way when you ask if this question on who is okay to hurt not hurt.

Reid Hoffman (co-founder of LinkedIn) showcased his AI twin in this interview with… himself

We’ll leave you with this piece from the Bloomberg Odd Lots podcast on the global fight for AI talent

Get in touch

Stay tuned for more insights from us next week and if you’re interested in SIKE (our business friendly AI tool), then you can check out more on what it’s about here.

Or reach out to Nick Bishop CFA Arturo Rodriguez or 📈 Mark Monfort here and get us on email here.

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Mark drives innovation with his deep understanding of AI, blockchain, and data technologies. His experience spans over 15 years of contributions to finance, technology, and operational strategy across Australia, Europe, and North America.

In 2021, he transitioned from Head of Data and Technology at a leading Australian accounting firm to startups. Prior to this, he worked in equity and macroeconomic research in the capital markets space.

Mark brings a passion for data and insights to NotCentralised. His understanding of AI and blockchain technology is central to the development of workplace productivity and financial system modernisation products, including SIKE and Layer-C. Mark’s dynamic and solutions-focused methods enable the navigation of complex technological landscapes and new market potentials.

Mark holds an Executive Master’s and a Bachelor of Commerce. He led the creation of the Australian DeFi Association and serves on the advisory board for the Data Science and AI Association of Australia. His commitment to such communities demonstrates his enthusiasm for emerging technologies and vision of positive change through technology adoption.


Nick spearheads product strategy and institutional business development, leveraging a rich background spanning 23 years in capital markets and financial services across the UK, the US, and APAC.

In 2020, Nick transitioned into startups, bringing extensive experience in asset management and corporate advisory from roles including Director, Head of Australian Fixed Income at Abrdn and Managing Director, Head of Corporate Credit at Gresham Partners. His expertise extends to client management across the government and private sectors.

With a First Class degree in Law and Criminology and Chartered Financial Analyst experience since 2002, Nick is known for his energetic and creative approach, quickly appraising business models and identifying market opportunities.

Beyond his role at NotCentralised, Nick actively contributes to multiple startups and SMEs, holding various Board and advisory positions and applying his institutional expertise to early-stage ventures. Nick is fascinated by emerging technologies with significant societal impact and loves to immerse himself in nature.


Arturo leads product development and software engineering, applying over two decades of experience in technology, capital markets, and data science. With his years of programming expertise, Arturo smoothly transitioned into blockchain, AI, and machine learning.

Arturo has built and sold technology startups across Europe, following quant derivatives roles in global investment banks. His prior experience includes data projects for the NHS in the UK, Strategic Technology Advisor at Land Insight, and Senior Advisor to OpenInsight, where he built predictive models for vessel usage in commodity markets.

A mathematics and statistics graduate from Stockholm University, Arturo’s early grounding in logic problems and data manipulation techniques is evident in his practical applications. His work building equity derivative pricing models for Merrill Lynch and Royal Bank of Scotland showcased Arturo’s highly specialised skillset.

Arturo relocated from London to Australia in 2020. Beyond NotCentralised, his passion for technology and industry involvement extends to the Australian DeFi Association, which he co-founded, and regular contributions to the Data Science and AI Association.