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2024 Artificial Intelligence Index

The Data Exchange with Ben Lorica

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Debate Between Closed and Open Large Language Models in the AI Industry

The chapter delves into the advantages and disadvantages of closed and open large language models in the AI industry, emphasizing the dominance of closed models by well-resourced companies. It discusses the complexities of open-source AI models, the challenges with available models, and the escalating costs of training powerful AI models. The chapter also explores the dynamics of innovation in artificial intelligence, highlighting the roles of academia and industry and the potential for advancements beyond current technologies.

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