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Matt Frankel

๐Ÿ‘ค Speaker
1396 total appearances

Appearances Over Time

Podcast Appearances

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

I personally don't think we'll see a wave of successful litigation against these social media giants for mental health lawsuits, but we'll have to wait and see here.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

Yeah, so on the Google side of things, they said that their recent research showed that a new memory compression method that they call TurboQuant could potentially reduce the memory requirements of large language models, the AI models, by a factor of six.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

And understandably, shareholders of memory-focused chip makers like Micron and SanDisk were panicking about this.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

You know, memory efficiency, it's a big focus of AI development recently.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

And the demands are so high that these memory companies literally can't make chips fast enough.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

And if Google's right, that might not be the case anymore.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

Yeah, I would add to that that, you know, take this with a grain of salt and zoom out.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

Memory stocks like Micron are still up over 300% over the past year, even after the recent pullback.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

And if LLMs evolve like most analysts believe they will,

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

one sixth of the current memory usage will still be a lot of memory chips that they need.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

And it will still keep these companies very busy for the foreseeable future.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

Every new technology gets more efficient over time, consuming less power, the hardware becomes smaller, et cetera.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

Think of like, you know, flat screen TVs.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

This is a natural evolution of AI technology and it's a good thing.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

Yeah, so thanks for that, Tyler.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

And thanks for the question.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

I do a combination of the two, just like the email said, but I'll build it out a little bit.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

So I like to build stock positions and ETFs, if that's what you're asking about, automatically over time, as it really takes the emotion out of the equation and it mathematically forces you to buy more shares when stocks are cheaper.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

So think of it this way.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

Let's say that I want to invest $5,000 in a certain stock.