I made the closed-source vs. open-weight models figure for this moment.
MARKET TRENDS
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LLMs Have Become a Commodity in Their Current Form
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LLMs, in its current form, has truly become a commodity.
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Hospital Rating Bias: Comparative Scores Matter More
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That shouldn’t matter.. The public is like the strict professor who notoriously gives low marks. The negative bias will affect ratings for all hospitals. Eventually, it’s the comparative score that will matter.
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GPT-4 Turbo Outperforms GPT-4o on Key Evaluation Dimensions
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indeed. we haven’t finished our 4o mini eval, but our evals indicate that 4 turbo is still better than 4o on many important dimensions
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Venture Fund Returns: 2.7x to 5.5x Multiple Performance Analysis
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'Its first fund in 2013 returned net multiples of 2.7 times the invested capital; the 2014 fund did 5.5 times; the 2017 fund did 5.4 times, and the 2019 fund has so far returned 1.9 times on its investments.'
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Millionaires at Salesforce Tower: Tech Wealth and AI Economy
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(lady talking into Airpods as she walks into the Salesforce Tower in SF): Millionaires? You can find them.
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The Short Half-Life of New Technology Adoption
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It’s wild how much people like new things and how short a half-life most of them have.
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GPT-4o mini achieves near GPT-4o performance at fraction of cost
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we try not to get too excited about any one eval, but excited to see GPT-4o mini so close to GPT-4o performance on lmsys at 1/20th the price!
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Conference Evolution: AI Impact Since GPT-3 Era
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I’ve been attending these conferences since 1997 so I have a sense for their history, and I disagree that it was like this pre-Covid or pre-GPT3. Also, I’m not saying that this is a good or bad thing (no judgement), it just is. I find it interesting, and worth reflecting on.
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YouTube Revenue Misses Targets Amid TikTok Competition Pressure
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YouTube misses on ad revenue estimates in Q2 (but it was still a $8.66 billion business that grew YoY) Competition from TikTok a key issue facing the video platform.