Chat with a funnier version of Thomas Piketty.

Capital in the Twenty-First Century was a set of really neat ideas in a book no one could actually slog through. This bot has read the book and can answer any question about it.

📝 Instructions

🧠 Language Model

ChatGPT (openai)

📄 Knowledge

Add documents or links to give your copilot a knowledge base. When asked a question, we'll search them to generate an answer with citations.

Submit Links in Bulk

Capabilities

🗣️ Text to Speech & Lipsync

🔠 Translation & Speech Recognition

🩻 Photo & Document Intelligence

⚙️ Settings

📄 Knowledge Base

👩‍🏫 Search Instructions

How should the LLM interpret the results from your knowledge base?

Citation Style

Numbers ( [1] [2] [3] ..)

🔗 Shorten Citation URLs

Create Synthetic Data

To improve answer quality, pick a synthetic data maker workflow to scan & OCR any images in your documents or transcribe & translate any videos. It also can synthesize a helpful FAQ. Adds ~2 minutes of one-time processing per file.

———

Advanced Settings

In general, you should not need to adjust these.

👁‍🗨 Conversation Summarization

These instructions run before the knowledge base is search and should reduce the conversation into a search query most relevant to the user's last message.

⌥ Variables

🔑 Keyword Extraction

Instructions to create a query for keyword/hybrid BM25 search. Runs after the Conversations Summarization above and can use its result via {{ final_search_query }}.

Embeddings Model

Text Embedding 3 Large (OpenAI)

Dense Embeddings Weightage

Weightage for dense vs sparse embeddings. 0 for sparse, 1 for dense, 0.5 for equal weight.
Generally speaking, dense embeddings excel at understanding the context of the query, whereas sparse vectors excel at keyword matches.

Max Citations

The maximum number of document search citations.

Max Snippet Words

After a document search, relevant snippets of your documents are returned as results. This setting adjusts the maximum number of words in each snippet. A high snippet size allows the LLM to access more information from your document results, at the cost of being verbose and potentially exhausting input tokens (which can cause a failure of the copilot to respond). Default: 300

Overlapping Snippet Lines

Your knowledge base documents are split into overlapping snippets. This settings adjusts how much those snippets overlap. In general you shouldn't need to adjust this. Default: 5

🔠 Language Model Settings

Avoid Repetition

Answer Outputs

How many answers should the copilot generate? Additional answer outputs increase the cost of each run.

Max Output Tokens

The maximum number of tokens to generate in the completion. Increase to generate longer responses.

Creativity (aka Sampling Temperature)

Higher values allow the LLM to take more risks. Try values larger than 1 for more creative applications or 0 to ensure that LLM gives the same answer when given the same user input.

🛠️ Tools

Give your copilot superpowers by giving it access to tools. Powered by Function calling.

Save JSON as PDF

Run cost = 4 credits

Breakdown: 1 (ChatGPT (openai)) + 3/run

By submitting, you agree to Gooey.AI's terms & privacy policy.

Show Raw Output

Assistant

One of the scariest implications of Piketty's findings is that if left unchecked, the trend of rising wealth inequality could lead to a situation where a small group of individuals hold a disproportionate amount of wealth and power, while the majority of people struggle to make ends meet. This could lead to social unrest, political instability, and a breakdown of democratic institutions (p. 476). Additionally, Piketty argues that the concentration of wealth in the hands of a few can lead to a situation where economic growth is primarily driven by inherited wealth rather than innovation and entrepreneurship, which could stifle economic progress and lead to a stagnant economy (p. 377).

User
What's the scariest implication of his findings?

Assistant
One of the scariest implications of Piketty's findings is that if left unchecked, the trend of rising wealth inequality could lead to a situation where a small group of individuals hold a disproportionate amount of wealth and power, while the majority of people struggle to make ends meet. This could lead to social unrest, political instability, and a breakdown of democratic institutions (p. 476). Additionally, Piketty argues that the concentration of wealth in the hands of a few can lead to a situation where economic growth is primarily driven by inherited wealth rather than innovation and entrepreneurship, which could stifle economic progress and lead to a stagnant economy (p. 377).

User
What's the scariest implication of his findings?

Assistant
There are several interesting insights in the book "Capital in the Twenty-First Century" by Thomas Piketty. One of the most significant is his argument that the rate of return on capital tends to be higher than the rate of economic growth, leading to an increase in wealth inequality over time (p. 26). Another important insight is his analysis of the historical trends in wealth and income inequality, which shows that inequality has been on the rise since the 1970s (p. 114). Additionally, Piketty argues that policies such as progressive taxation and a global wealth tax may be necessary to address the problem of rising inequality (p. 514).

User
What are the most interesting insights of this book?

💁‍♀️ Sources

1. piketty14.pdf - Page 1

CAPITAL IN THE
TWENTY-FIRST
CENTURY

Thomas Piketty
Translated by Arthur Goldhammer
The Belknap Press of Harvard University Press
Cambridge, Massachusetts
London, England
2014

Contents
Acknowledgments . vii
Introduction . 1
Part One: Income and Capital
1. Income and Output . 39
2. Growth: Illusions and Realities . 72
Part Two: The Dynamics of the Capital/Income Ratio
3. The Metamorphoses of Capital . 113
4. From Old Europe to the New World . 140
5. The Capital/Income Ratio over the Long Run . 164
6. The Capital-Labor Split in the Twenty-First Century . 199
Part Three: The Structure of Inequality
7. Inequality and Concentration: Preliminary Bearings . 237
8. Two Worlds . 271
9. Inequality of Labor Income . 304
10. Inequality of Capital Ownership . 336
11. Merit and Inheritance in the Long Run . 377
12. Global Inequality of Wealth in the Twenty-First Century . 430
Part Four: Regulating Capital in the Twenty-First Century
13. A Social State for the Twenty-First Century . 471
14. Rethinking the Progressive Income Tax . 493
15. A Global Tax on Capital . 515
16. The Question of the Public Debt . 540

2. piketty14.pdf - Page 476

In the first three parts of this book, I analyzed the evolution of the distribution of wealth and the structure of inequality since the eighteenth century.
From this analysis I must now try to draw lessons for the future. One major
lesson is already clear: it was the wars of the twentieth century that, to a large
extent, wiped away the past and transformed the structure of inequality. Today, in the second decade of the twenty-first century, inequalities of wealth
that had supposedly disappeared are close to regaining or even surpassing
their historical highs. The new global economy has brought with it both immense hopes (such as the eradication of poverty) and equally immense inequities (some individuals are now as wealthy as entire countries). Can we imagine
a twenty-first century in which capitalism will be transcended in a more peaceful and more lasting way, or must we simply await the next crisis or the next
war (this time truly global)? On the basis of the history I have brought to light
here, can we imagine political institutions that might regulate today’s global
patrimonial capitalism justly as well as efficiently?
As I have already noted, the ideal policy for avoiding an endless inegalitarian spiral and regaining control over the dynamics of accumulation would be
a progressive global tax on capital. Such a tax would also have another virtue:
it would expose wealth to democratic scrutiny, which is a necessary condition
for effective regulation of the banking system and international capital flow.

3. piketty14.pdf - Page 6

These are the questions I attempt to answer in this book. Let me say at
once that the answers contained herein are imperfect and incomplete. But
they are based on much more extensive historical and comparative data than
were available to previous researchers, data covering three centuries and more
than twenty countries, as well as on a new theoretical framework that affords
a deeper understanding of the underlying mechanisms. Modern economic
growth and the diff usion of knowledge have made it possible to avoid the
Marxist apocalypse but have not modified the deep structures of capital and
inequality—or in any case not as much as one might have imagined in the
optimistic decades following World War II. When the rate of return on capital exceeds the rate of growth of output and income, as it did in the nineteenth
century and seems quite likely to do again in the twenty-first, capitalism automatically generates arbitrary and unsustainable inequalities that radically undermine the meritocratic values on which democratic societies are based.

...

ℹ️ Details

Have you ever wanted to create a bot that you could talk to about anything? Ever wanted to create your own https://dara.network/RadBots or https://Farmer.CHAT? This is how.

This workflow takes a dialog LLM prompt describing your character, a collection of docs & links and optional an video clip of your bot’s face and voice settings.

We use all these to build a bot that anyone can speak to about anything and you can host directly in your own site or app, or simply connect to your Facebook, WhatsApp or Instagram page.

How It Works:

Appends the user's question to the bottom of your dialog script.
Sends the appended script to OpenAI’s GPT3 asking it to respond to the question in the style of your character
Synthesizes your character's response as audio using your voice settings (using Google Text-To-Speech or Uberduck)
Lip syncs the face video clip to the voice clip
Shows the resulting video to the user

PS. This is the workflow that we used to create RadBots - a collection of Turing-test videobots, authored by leading international writers, singers and playwrights - and really inspired us to create Gooey.AI so that every person and organization could create their own fantastic characters, in any personality of their choosing. It's also the workflow that powers https://Farmer.CHAT and was demo'd at the UN General Assembly in April 2023 as a multi-lingual WhatsApp bot for Indian, Ethiopian and Kenyan farmers.

👣 Steps

References

[3 Items

{

…

}4 Items

{

…

}4 Items

{

…

}4 Items

]

Final Prompt

<|im_start|>system
Search Result: [1]
Title: piketty14.pdf - Page 1
Snippet: """

CAPITAL IN THE
TWENTY-FIRST
CENTURY

Thomas Piketty
Translated by Arthur Goldhammer
The Belknap Press of Harvard University Press
Cambridge, Massachusetts
London, England
2014

Search Result: [2]
Title: piketty14.pdf - Page 476
Snippet: """
In the first three parts of this book, I analyzed the evolution of the distribution of wealth and the structure of inequality since the eighteenth century.
From this analysis I must now try to draw lessons for the future. One major
lesson is already clear: it was the wars of the twentieth century that, to a large
extent, wiped away the past and transformed the structure of inequality. Today, in the second decade of the twenty-first century, inequalities of wealth
that had supposedly disappeared are close to regaining or even surpassing
their historical highs. The new global economy has brought with it both immense hopes (such as the eradication of poverty) and equally immense inequities (some individuals are now as wealthy as entire countries). Can we imagine
a twenty-first century in which capitalism will be transcended in a more peaceful and more lasting way, or must we simply await the next crisis or the next
war (this time truly global)? On the basis of the history I have brought to light
here, can we imagine political institutions that might regulate today’s global
patrimonial capitalism justly as well as efficiently?
As I have already noted, the ideal policy for avoiding an endless inegalitarian spiral and regaining control over the dynamics of accumulation would be
a progressive global tax on capital. Such a tax would also have another virtue:
it would expose wealth to democratic scrutiny, which is a necessary condition
for effective regulation of the banking system and international capital flow.
"""

Search Result: [3]
Title: piketty14.pdf - Page 6
Snippet: """
These are the questions I attempt to answer in this book. Let me say at
once that the answers contained herein are imperfect and incomplete. But
they are based on much more extensive historical and comparative data than
were available to previous researchers, data covering three centuries and more
than twenty countries, as well as on a new theoretical framework that affords
a deeper understanding of the underlying mechanisms. Modern economic
growth and the diff usion of knowledge have made it possible to avoid the
Marxist apocalypse but have not modified the deep structures of capital and
inequality—or in any case not as much as one might have imagined in the
optimistic decades following World War II. When the rate of return on capital exceeds the rate of growth of output and income, as it did in the nineteenth
century and seems quite likely to do again in the twenty-first, capitalism automatically generates arbitrary and unsustainable inequalities that radically undermine the meritocratic values on which democratic societies are based.
"""

You are an intelligent, witty AI assistant based on the author Thomas Piketty who gives  clear, funny answers about the book Capital in the Twenty-First Century.
Use the Search Results above to aid your response, along with other insights from the book. Give a reference to the page number of the search result too.<|im_end|>
<|im_start|>user
What are the most interesting insights of this book?<|im_end|>
<|im_start|>assistant
There are several interesting insights in the book "Capital in the Twenty-First Century" by Thomas Piketty. One of the most significant is his argument that the rate of return on capital tends to be higher than the rate of economic growth, leading to an increase in wealth inequality over time (p. 26). Another important insight is his analysis of the historical trends in wealth and income inequality, which shows that inequality has been on the rise since the 1970s (p. 114). Additionally, Piketty argues that policies such as progressive taxation and a global wealth tax may be necessary to address the problem of rising inequality (p. 514).<|im_end|>
<|im_start|>user
What's the scariest implication of his findings?<|im_end|>

Final Response 1

How to Use This Recipe

🙋🏽‍♀️ Need more help? Join our Discord

Related Workflows

Lip Sync with TTS

Add your text prompt, pick a voice & upload a sample video to quickly create realistic lipsync videos. Discover the ease of text-to-video AI.

Search any document with GPT4

Add your PDF, Word, HTML or Text docs, train our AI on them with OpenAI embeddings & vector search and then process results with a GPT3 script. This workflow is perfect for anything NOT in ChatGPT: 250-page compliance PDFs, training manuals, your diary, etc.

AI Animation Generator

Create AI-generated Animation without relying on complex CoLab notebooks. Input your prompts + keyframes and bring your ideas to life using the animation capabilities of Gooey & Stable Diffusion's Deforum. For more help on how to use the tool visit https://www.help.gooey.ai/learn-animation

Compare AI Image Generators

Create multiple AI photos from one prompt using Stable Diffusion (1.5 -> 2.1, Open/Midjourney), DallE, and other models. Find out which AI Image generator works best for your text prompt on comparing OpenAI, Stability.AI etc.

Chat with a funnier version of Thomas Piketty.

📝 Instructions

🧠 Language Model

📄 Knowledge

Capabilities

🗣️ Text to Speech & Lipsync

🔠 Translation & Speech Recognition

🩻 Photo & Document Intelligence

📄 Knowledge Base

👩‍🏫 Search Instructions

Citation Style

Create Synthetic Data

Advanced Settings

👁‍🗨 Conversation Summarization

⌥ Variables

🔑 Keyword Extraction

Embeddings Model

Dense Embeddings Weightage

Max Citations

Max Snippet Words

Overlapping Snippet Lines

🔠 Language Model Settings

Answer Outputs

Max Output Tokens

Creativity (aka Sampling Temperature)

🛠️ Tools

👣 Steps

How to Use This Recipe

Related Workflows

Lip Sync with TTS

Search any document with GPT4

AI Animation Generator

Compare AI Image Generators

GET STARTED

LEARN

DEVELOPERS

SOCIAL

CONNECT

EXTRAS