TL;DR:
- Hybrid AI ecosystems are on the rise, combining powerful pre-trained models with specialized task-specific ones.
- Companies are focusing on ROI and safety, leading to a surge in privacy tools and AI digital rights management systems.
- Regulation and capital flow are shaping the future of AI, with a shift towards innovative applications and toolsets.
The AI Landscape is Shifting: From Hype to Hybrid
The world of artificial intelligence (AI) is evolving rapidly, with generative AI leading the charge. The once-isolated, on-premises models are making way for a new era of collaboration and integration. Marco Argenti, Chief Information Officer at Goldman Sachs, foresees the emergence of hybrid AI ecosystems that combine the power of pre-trained models with specialized, task-specific models.
Hybrid AI: The Brain and the Workers
Imagine a two-tiered system where a large pre-trained model, the “brain,” receives user prompts and manages tasks. The second tier consists of smaller, specialized models, the “workers,” which handle specific tasks using open-source code. These workers often reside on-premises, ensuring data privacy and benefiting industries with strict regulations and a heavy reliance on proprietary data.
Scaling Safely: ROI and Beyond
The AI hype cycle has ended, and companies are now focusing on return on investment (ROI). They are concentrating on proof-of-concepts in areas like automation, developer productivity, and data summarization. This shift demands robust safeguards for data, accuracy, and compliance, leading to a thriving ecosystem of safety and privacy tools.
AI Digital Rights Management: Monetising Creativity
Argenti envisions an “AI digital rights management” system, akin to how video platforms track copyrighted content. This system would trace AI outputs like text or images back to their training data, potentially generating royalties for the original creators. This could encourage data sharing and empower content creators.
Time Series & Beyond: The Next Frontier
Multimodal AI models are the next frontier, especially those that analyze time-series data. These models could be used in financial forecasting or weather prediction, where time is a crucial dimension. This may require new architectures, sparking a race for innovative use cases.
Regulation: Balancing Innovation & Safety
Argenti acknowledges the risks of AI and emphasizes the need for a strong regulatory framework. He advocates for principle-based rules that encourage collaboration, open-sourcing, and innovation, ensuring the US remains an AI leader.
With efficient techniques like retrieval-augmented generation, building your own pre-trained model is becoming less critical. Argenti predicts capital will shift towards the application and toolset layers, where innovative ideas and user experience will reign supreme. The era of expensive foundational models may be waning, paving the way for a diverse ecosystem of AI solutions.
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