Steve Mayszak, a software development manager at Amazon, discussed best practices for developing, testing, and deploying serverless applications. He explained that the AWS Serverless Application Model (AWS SAM) allows developers to define serverless resources using simplified syntax. AWS SAM CLI can be used locally to build, test, and debug serverless applications defined by AWS SAM templates. For releases, a pipeline should be defined that builds, tests, and deploys the application from development to production. Monitoring tools like AWS CloudWatch and AWS X-Ray help with management and operations of serverless applications.