Frontier models aren’t needed, but the institute is
Goldman Sachs’ AI push for small businesses is less about cutting-edge tech and more about keeping it simple.
The story
Goldman Sachs CEO David Solomon says most small businesses don't need the most advanced AI models, while investing $500 million in an AI institute for them.
Source: fortune.com
Our reading
Goldman Sachs’ CEO says small businesses don’t need the latest AI models, but they do need a $500 million institute to help them use the ones they already have. It’s a strange mix of humility and ambition, like telling a toddler they don’t need a rocket ship but offering them a tricycle with a fancy logo. The institute’s partners include the companies that build the very frontier models Solomon says aren’t necessary. It’s like telling a group of people they don’t need a luxury car, then giving them a free ride in one—just with a sticker that says ‘basic model’ on the back. The message is clear: AI is for everyone, but only if it’s not too good.
