The rise of Small Language Models (SLMs) like Gemma2 could have profound societal and economic implications, particularly in terms of accessibility and democratization of Generative AI technologies. From a societal perspective, the increased accessibility of efficient SLMs may democratize the creation and deployment of AI applications, enabling a broader range of individuals and organizations to leverage generative AI technologies. This democratization could lead to the development of innovative solutions across various domains, potentially addressing societal challenges and driving economic growth. Economically, the widespread adoption of SLMs could lower the barriers to entry for AI development, reducing the reliance on large-scale computational resources and specialized expertise. This could empower smaller businesses and startups to harness the power of AI, fostering competition and innovation in the market. Overall, the rise of SLMs has the potential to transform the landscape of Generative AI technologies, making them more accessible, inclusive, and impactful for society at large.