This podcast dives into the world of AI benchmarks and their crucial role in evaluating language model performance. It explores various benchmark datasets, their evolution, and challenges associated with their creation and use. It examines the impact of benchmarks on NLP and deep learning research, including significant milestones in image recognition and language modeling tasks. The podcast also discusses the latest language model benchmarks, such as Halleswag, MMLU, and BigBench, and highlights their implications for various fields. It addresses issues related to memorization, data contamination, and calibration, emphasizing the importance of considering factors beyond benchmark scores. Additionally, it explores the concept of latency tolerance and the need for benchmarks that reflect practical use cases.