most of the significant generative AI runs on a potato, and runs well on any modern GPU, obviously SotA models have worth but I have not touched a paid service since Llama was leaked and I use AI a ton in my day to day, for the rote replacing stack overflow type shit I used ChatGPT for a local copy of llama, gemma, mixtral or whatever is more than enough
British VC firms like the one quoted by this article do not have the scale, reach, money or experience to talk about these things in a meaningful way.
With the UK economy in shambles, do they think their views have much value? I think they need to prove that they can run their country in a somewhat efficient manner first before commenting on technology.
There absolutely is plenty of AI washing in the entrepreneurship space, but I do agree with you about the lackluster British VC scene (and the even more morose mainland European scene).
> do they think their views have much value
You're talking about it...
And it is the BBC - the British Broadcasting Corporation.
But imo, this is why I don't read non-trade papers. They lack the context and tend to be fairly late at identifying trends.
A good (non-tech) example is pig butchering call centers in SEA - The Diplomat (a de facto Carnegie Endowment magazine) broke the entire story, modus operandi, and money chain 1.5-2 years before it was reported by BBC or CNN.
