For much of the past three years, the story of artificial intelligence has been told in superlatives. Trillions of parameters. Billions of dollars in compute. Data centers rising like cathedrals across the deserts of the American Southwest and the fjords of Northern Europe, each one a monument to the belief that intelligence scales with size. But a quieter, and in some ways more subversive, argument is now gathering force – and it is coming from...










