But you don't need to do a random subset with AI. You can summarize everything, and summarize the summaries and so on.
I will say that at least gpt4 and gpt3, after many rounds of summaries, tends to flatten everything out into useless "blah". I tried this with summarizing school board meetings and it's just really bad at picking out important information -- it just lacks the specific context required to make summaries useful.
A seemingly bland conversation about meeting your friend Molly could mean something very different in certain contexts, and I'm just trying to imagine the prompt engineering and fine tuning required to get it to know about every possible context a conversation could be happening in that alters the meaning of the conversation.