It kind of confirms a hypothesis I have that the next phase of AI development will be about getting smaller (in terms of model size and compute), because smaller is more capital efficient for training (allowing faster iteration and more iteration cycles for a given amount of capital), allows for denser inference (more inference for a given amount of compute hardware), and allows for more edge inference applications.

The goal will be to develop smaller models with more efficient architectures, that have similar or even better performance than larger models.