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It’s not your imagination: AI is speeding up the pace of change


Venture capitalist Mary Meeker just dropped a 340-page report to describe the speed at which AI is being developed, adopted, spent on, and used.

Before founding Bond, she ran Kleiner Perkins’ growth practice, from 2010-2019, where she backed companies like Facebook, Spotify, Ring, and Block (then Square). The pace at which competitors are matching each other’s features, at a fraction of the cost, including open source options, particularly Chinese models: unprecedented. Meanwhile chips from Google, like its TPU (Tensor Processing Unit) and Amazon’s Trainium are being developed at scale for their clouds — that’s moving quickly, too.

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