{"id":223504,"date":"2025-05-07T10:00:00","date_gmt":"2025-05-07T14:00:00","guid":{"rendered":"https:\/\/ibkrcampus.com\/campus\/?p=223504"},"modified":"2025-05-08T03:44:14","modified_gmt":"2025-05-08T07:44:14","slug":"disco-in-the-docklands","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/disco-in-the-docklands\/","title":{"rendered":"Disco in the Docklands"},"content":{"rendered":"\n<p>It feels more like a pilgrimage than a work event. Almost every year&nbsp;since 2019, your author and some 20,000 other people (a number which has expanded by more than 50% in the last five years) trek to ExCel, London\u2019s premium conference venue in its Docklands, for the AWS Summit. Hosted by Amazon, amidst lasers, pumping beats and dancers, it is a chance to see the business showcase its technology.<\/p>\n\n\n\n<p>Beyond the entertainment and a trade fair for its partner ecosystem, attendees can&nbsp;listen to senior executives from Amazon. Present this year were the Head of AWS for the UK and Ireland and a VP within Compute Services at AWS. They were joined on stage by leaders from businesses leveraging Amazon\u2019s capabilities including NatWest and Untold Studios (a UK bank and a creative content company) among others. If there were one clear message then it is that&nbsp;<strong>businesses are no longer talking about the potential of AI; rather, we are seeing clear breakthroughs with the technology.<\/strong><\/p>\n\n\n\n<p>Alison Kay, the local Head of AWS noted that&nbsp;<strong>at least one new business in the UK was adopting AI&nbsp;<em>every minute&nbsp;<\/em>of the day.&nbsp;<\/strong>As a result, more than half of UK companies are now using AI, according to Amazon. More impressively,&nbsp;<strong>over 90% are seeing an increase in revenue because of the technology.&nbsp;<\/strong>Beyond the corporate case studies that were presented, Amazon called out tangible progress within the healthcare space \u2013 where error rates in drug discovery were falling by over 50% when the technology was deployed \u2013 and in agriculture.<\/p>\n\n\n\n<p>Although these data are encouraging, as Amazon noted, \u201cwe are just scratching the surface.\u201d What might be the bottlenecks? In our&nbsp;own work, we have acknowledged that&nbsp;<strong>no technological development is ever linear<\/strong>.&nbsp;<strong>Lack of robust grid infrastructure and power supply may be a major gating factor<\/strong>, we believe. Amazon called out three other considerations:&nbsp;<strong>cost, trust&nbsp;and training<\/strong>. It is addressing all three. New automated reasoning tools showcased at the Summit are designed to reduce \u2018hallucination\u2019 risks in large language models. Model distillation and intelligent prompt reasoning innovation should help lower inference costs, according to Amazon. And good news for UK students: AWS has said it aims to provide at least 100,000 people with advanced AI, cyber and big data skills by 2030.&nbsp;<\/p>\n\n\n\n<p>&#8212; <\/p>\n\n\n\n<p>Originally Posted on May 7, 2025 &#8211; <a href=\"https:\/\/www.heptagon-capital.com\/season-7-post-17-disco-in-the-docklands\/\">Disco in the Docklands<\/a><\/p>\n\n\n\n<p><strong><em>The above does not constitute investment advice and is the sole opinion of the author at the time of publication. Past performance is no guide to future performance and the value of investments and income from them can fall as well as rise.<\/em><\/strong><\/p>\n\n\n\n<p><strong>Disclaimers<\/strong><\/p>\n\n\n\n<p>The document is provided for information purposes only and does not constitute investment advice or any recommendation to buy, or sell or otherwise transact in any investments. The document is not intended to be construed as investment research. The contents of this document are based upon sources of information which Heptagon Capital LLP believes to be reliable. However, except to the extent required by applicable law or regulations, no guarantee, warranty or representation (express or implied) is given as to the accuracy or completeness of this document or its contents and, Heptagon Capital LLP, its affiliate companies and its members, officers, employees, agents and advisors do not accept any liability or responsibility in respect of the information or any views expressed herein.&nbsp;<strong>Opinions expressed whether in general or in both on the performance of individual investments and in a wider economic context represent the views of the contributor at the time of preparation<\/strong>. Where this document provides forward-looking statements which are based on relevant reports, current opinions, expectations and projections, actual results could differ materially from those anticipated in such statements. All opinions and estimates included in the document are subject to change without notice and Heptagon Capital LLP is under no obligation to update or revise information contained in the document. Furthermore, Heptagon Capital LLP disclaims any liability for any loss, damage, costs or expenses (including direct, indirect, special and consequential) howsoever arising which any person may suffer or incur as a result of viewing or utilising any information included in this document.&nbsp;<\/p>\n\n\n\n<p>The document is protected by copyright. The use of any trademarks and logos displayed in the document without Heptagon Capital LLP\u2019s prior written consent is strictly prohibited. Information in the document must not be published or redistributed without Heptagon Capital LLP\u2019s prior written consent.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Almost every year\u00a0since 2019, your author and some 20,000 other people (a number which has expanded by more than 50% in the last five years) trek to ExCel, London\u2019s premium conference venue in its Docklands, for the AWS 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