LARGE LANGUAGE MODELS GET ALL THE HYPE, BUT SMALL MODELS DO THE REAL WORK

Summary from the TLDR AI newsletter

Small language models are helping companies get real work done and reduce headcount. They are more affordable than large language models and, in some cases, better suited to the tasks at hand. The impact that AI is having on corporate productivity gains is the result of human engineers getting better at stitching together smaller, simpler AIs. Many companies have built internal knowledge factories that daisy chain together small AIs.