2nd try for 4-day workweek | Newsletter

We're making the move

We are excited to announce that we have a new home on the web! In the next few days, we will be officially moving from Angel.co to our new domain Wellfound.com.

This reflects our new identity as Wellfound, the best place for startups and talent to connect.

Don’t worry, you don’t need to do anything. All your bookmarks and links will automatically redirect you to the new domain.

We hope you enjoy our new look and feel, along with some exciting new features.

Thank you for being part of our community!

Calif. Rep. wants a 32-hour workweek

Second time’s a charm? There’s a new push to make a 4-day workweek the law of the land in the U.S., after a California lawmaker introduced the “Thirty-Two Hour Workweek Act. It’s the second time such a bill has been attempted. (The first time, it failed to make it out of committee.)

“What we need to examine is how this can become the norm across the various workforces in America,” Rep. Mark Takano said.

Bill Gates: AI is the new PC

The Microsoft founder stoked enthusiasm around AI, writing in a blog post that AI was the “most important advance in technology since the graphical user interface.” He’s convinced that AI will reshape countless industries just as the PC, Internet, and mobile phone did before. Two things blew Gates away recently. First, Microsoft-backed OpenAI developed a model that passed the AP bio exam without specific training on the test. Second, AI offered advice for talking with a sick child that was better than most fathers would muster on their own.

What can’t AI do?

Since the release of ChatGPT 4.0, the Internet is ablaze with creative demos of AI’s power.

OpenAI's president showed how he could use it create a website based only on a photo of a hand-drawn mock-up drawn on a napkin. He said GPT-4 could help individuals prepare their taxes, too (a timely tip!). A brand designer asked GPT-4 to make as much money as possible with an initial budget of $100 and ended up with $1,378.84 cash on hand after creating an affiliate marketing site complete with online advertising—all set up by AI.

Google, Microsoft, Adobe expand AI offerings

Google announced it will embed AI tech in its office products, including with Gmail, Docs, Slides, and Sheets. The AI drafts emails, proofreads text, generates multimedia presentations, and manipulates spreadsheet data. Microsoft released its new AI-powered Copilot, which integrates in a similar fashion with Microsoft products. Not to be outdone, Adobe announced Firefly, an AI image generator for Photoshop and other products in its Creative Cloud.

Amazon cuts 9k more

Amazon will cut 9k more corporate jobs including in its cloud computing and advertising businesses. Amazon’s cloud business is still growing but at a slower pace due to the economic slowdown. The company has cut 27k positions in the past year. Last week Meta announced it would cut 10k more jobs in coming months. Tech layoffs have impacted 300k workers since the beginning of 2022, according to Layoffs.fyi.

Want to work in tech? Go rural

A study of hiring trends in rural counties of the U.S. found that about half of all job postings are in the healthcare sector and that STEM skills are in high demand. In rural Idaho, software developers went from the 12th most wanted job to the second most, according to the report, “Shifting Winds: Examining Employment Trends in Rural Northwest Regions.”

“The purpose of our research is to inspire those who are looking for strong paying jobs, markets that are in demand, areas for which you can see value in your work and a strong return on your investment,” a representative of the study said.

What We’re Reading

• The UN just handed out an urgent climate to-do list. Here’s what it says. (MIT)
• AI isn’t yet going to take your job — but you may have to work with it (Washington Post)
• How AI experts are using GPT-4 (MIT)
• Revolutionary Gigapixel 3D Microscope Captures Life in Jaw-Dropping Detail (SciTechDaily)
• John Oliver is wrong to worry about ChatGPT. AI can help us solve complex problems. (USA Today)

Companies in the News

San Francisco-based Coalition, an active digital insurance company designed to prevent risk before it starts, raised another $250M in Series F funding from Allianz X and others, bringing their total valuation to $5B. They’re looking for back- and front-end engineers.

Austin-based Steadily, a landlord insurance company, recently raised $27.8M in Series A funding from Matrix Partners and others, bringing their total funding to $31M. They’re seeking engineers, managers, and analysts.

Boston-based Klaviyo, a customer data and marketing automation platform, raised $320M in Series D funding, led by Sands Capital and others. They’re hiring for qualified engineers and managers.

✓ Startups hiring now

• Proven Skincare: Beauty Technology | Software Engineer
• Vivian: Healthcare Recruiting | Senior Software Engineer - Mobile / React Native
• Kappa: Financial Services | Principal Frontend Engineer