In some very specific cases, we will also see some very specialized LLMs emerge – e.g. financeLLM or LegalLLM. These domain-specific LLMs that may require a lot of custom training, RLHF, and fine-tuning. /16
BUSINESS
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Smaller LLMs with RAG as cost-effective alternative to GPT-4
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Smaller and more efficient LLMs that have reasonably good reasoning capabilities can be fine-turned or complemented with RAG and incorporated into the workflow to automate these use cases. Using GPT-4 or some other very large LLM will become cost-prohibitive in these cases. /14
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Price-Competitive API Calls for General-Purpose LLM Use Cases
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General-purpose use-case embedded in a product or service For these, a vanilla API call to SOTA LLM is sufficient. Price will be the key consideration here and as long as the large LLM providers have very competitive prices, making simple calls to their APIs will work. /12
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Enterprise AI and LLM APIs: Two Classes of Business Use Cases
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Enterprise AI and LLM APIs The other big category of LLM use cases is businesses using these LLMs in their core products, services, and business processes. There are 2 classes of use cases in this space. /11
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Future AI Services Market: Limited Competition with Subscription Models
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It is extremely unlikely that we will have more than 2-3 of these services. These services, like ChatGPT, will have a free and paid subscription tier. Paying subscribers will enjoy premium features like personalized responses and access to multi-modal features etc. /10
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Google, Meta, and OpenAI dominate consumer LLM market
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All this means that we will end up with Google, Meta, and potentially OpenAI being the key players in the consumer LLM (e.g., ChatGPT, Bard, etc.) world. /9
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CEO Layoffs Preferred Over Salary Cuts Legal Concerns
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Layoffs happening already. Cutting salaries can be harder to do legally, so layoffs are CEO's preferred solution…
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OpenCV 5 Crowdfunding Challenges and Commercial License Consideration
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@ylecun : I agree with all your points but you are grossly underestimating the challenges of crowdfunding open source software. The current crowdfunding campaign for opencv 5 is making us seriously think about a commercial license for opencv. Please help
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Parking Lot Inefficiencies: AI-Driven Optimization Mindset
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But now I pull into every parking lot judging all its inefficiencies lol. It annoys my son.
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Real-time AI Models in Business Decision-Making Processes
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It often involves applying live models within an organization’s decision-making processes-for example, real-time personalization web page, product recommender system, or scoring of marketing leads.