This episode is sponsored by Netsuite by Oracle, the number one cloud financial system, streamlining accounting, financial management, inventory, HR, and more. Download NetSuite's popular KPI Checklist, designed to give you consistently excellent performance - absolutely free at NetSuite.com/EYEONAI On episode #144 of Eye on AI, Craig Smith sits down with Matt Hicks, President and CEO of Red Hat, a leading provider of enterprise open source software solutions. In this episode, Matt takes us through the evolution of Linux and the rise of the open source models. We explore how Red Hat's long-term support and predictable life cycles have empowered companies to embrace Linux. Additionally, we delve into the transformative potential of deploying open source software alongside proprietary solutions and examine the challenges and opportunities that lie ahead for open source in the realm of generative AI. To wrap things up,as we discuss the importance of efficiency, cost constraints, and specialized models for businesses, all while navigating the ongoing debate on general-purpose AI and the risks and rewards it brings. Craig Smith Twitter: https://twitter.com/craigss Eye on A.I. Twitter: https://twitter.com/EyeOn_AI (00:00) Preview,Introduction & Netsuite (03:11) The Role of OS in Tech (08:06) Red Hat, Open Source, and Generative AI (16:12) Large Language Models and Building Foundations (24:18) AI: Commoditization, Frontier, & Hardware Predictions (32:24) Open Source AI a Dual-Edged Sword? (40:30) Regulatory Aspects & Red Hat's Future Directions (48:36) IBM's Acquisition of Red Hat (55:21) Outro & Netsuite by Oracle

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“What did the council decide on item 42?” — answered with the speaker and the moment.