While large language models (LLMs) have become synonymous with advanced AI capabilities, their integration into various business and technological domains is often accompanied by significant costs. These costs arise from the extensive computational resources required for training and running these models. However, traditional natural language processing (NLP) techniques offer a
Tag: generative AI
While no one currently alive witnessed the beginnings of the Industrial Revolution in mid-18th century Britain, we’re all now spectators and participants in the AI revolution – AI is accessible and entrenched everywhere. While AI is not new, 2023 ushered in a tsunami of AI innovation with the emergence of
Most people associate generative AI (GenAI) with large language models (LLMs). While LLMs focus specifically on generating text, GenAI encompasses a wider range of content generation tasks beyond just language, including images, music and more. Broadly speaking, GenAI uses machine learning algorithms to analyze and learn from existing data sets
Large language models (LLMs) are at the forefront of today’s AI, not merely as technological marvels but as transformative agents reshaping how businesses innovate, operate and deliver value. Think of them as the wizards of words, capable of understanding language and transforming it in ways that benefit organizations. However, as
Let me ask: did you believe Facebook CEO Mark Zuckerberg really boasted about the company’s power in a 2019 video, saying, “Imagine this for a second: One man, with total control of billions of people’s stolen data, all their secrets, their lives, their futures.” The video of Zuckerberg purportedly saying
Organizations continuously search for innovative ways to optimize their operations and elevate efficiency. One promising frontier is the integration of digital twins for predictive maintenance. However, the true potential of this technology often remains untapped, with many organizations settling for what can be described as “digital shadows.” In this exploration,
Whether for better or for worse, many people agree that generative AI is a game changer that will revolutionize the way we live and work. Optimists believe that generative AI is an opportunity to improve and expand our technological knowledge. At the same time, catastrophists fear that AI in general
See why we think the use of AI assistants will take off in 2024.
It's that time of year again where I get to blend together a holiday song with analytics. This time, we're rocking out to the tune of Jingle Bells about generative AI. Wasn’t Me, Must have been AI (To the tune of Jingle Bells) Wasn’t Me Wasn’t Me Must have been
In 2024, we will witness the proliferation of synthetic data across industries. In 2023, companies experimented with foundational models, and this trend will continue. Organizations see it as an emerging force to reshape industries and change lives. However, the ethical implications can't be overlooked. Let’s explore some industries I think