Huggingface just released their agentic library to interact with LLMs. I liked the way they define agents.
AI Agents are programs where LLM outputs control the workflow.
And the way they defined the spectrum of agency for the agents
Industry Jargon
Disaster Recover vs Business Continuity
Really liked this simple explanation on the difference between BDR and BCP shared in a hacker news discussion
Overheard : Passive Investing
Geoff Saab on the strength and weakness of passive investing in his book “Low Risk Rules : A Wealth Preservation Manifesto“
Pro : “You own a piece of every company.“
Con : “You own a piece of every company?“
So subtle, but so powerful!
Industry Jargon : Hotel Industry
For my records..
- ARI : Availability Rate Inventory. Any transaction that is querying/updating these three items is terms as ARI updates.
- REVPAR : Revenue Per Available Room. This is the revenue the hotel makes per room in the hotel.
- Total Pricing : The total price a customer has to pay to book a room in a hotel. It kinda sounds obvious..but when you understand that the total price depends on
- The price the hotel wants to charge (which again depends on who is selling the room)
- The tax at the city/state level
- The price of additions (services like Internet access, breakfast etc)
- Commission of the middleman.
It becomes a big deal :).