WSJ: “For the overwhelming majority of tasks, it’s not the biggest and smartest AI models, but the most simplistic that are winning the day. These unsung heroes of AI, the ones actually transforming business processes and workforces, also happen to be the smallest, fastest and cheapest. “The reality is, for many of the operations that we need computing for today, we don’t need large language models,” says Kyle Lo, a research scientist who builds open-source large language models at the nonprofit Allen Institute for AI. AI-powered companies have found success by building their software and services more like an assembly line of AI: Information goes in one end, and data, actions or products come out the other. In between, many smaller, simpler, more specialized, faster and cheaper-to-operate AIs are doing all the work.”
Peak XV’s Ashish Agarwal: ““We should celebrate companies going public at a $10 billion market cap… but equally celebrate those listing at $1 billion. This is a feature of the Indian capital markets that companies can list at a small market cap. We shouldn’t focus only on large listings. Many of the younger companies are early in their journeys and provide a good compounding opportunity for retail or public market investors to grow their wealth.”
SaaStr State of AI+Software report
NYTimes: “Higher education aims to create cognitively mature adults, which in turn requires us to ensure students learn to read, think and write all on their own. It is easier than we think: Creating tech-free spaces and incentivizing students to spend time in them requires no new resources. All it takes is will. Many of our students still have it. Do their teachers?”
FT: “Prediction markets are rapidly evolving into sports gambling behemoths from their quirky origins for political election wagers, amid a wild west explosion in betting on games…Rather than offer its own fixed odds or point spreads like a traditional sportsbook, prediction markets offer shares in binary outcomes — a team winning or losing, say. As participants trade these shares, prices and therefore implied odds fluctuate.”
