Saturday, February 8, 2014

Greater Scale Leads to Lower Prices, Even in a More Concentrated Mobile Business?

If telecommunications really is a business with scale characteristics, then additional scale should lead to lower retail prices. And there is evidence that higher concentration levels in the U.S. mobile business have happened at the same time that retail prices have dropped. 

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"Tokens" are the New "FLOPS," "MIPS" or "Gbps"

Modern computing has some virtually-universal reference metrics. For Gemini 1.5 and other large language models, tokens are a basic measure...