The podcast discusses predictions for AI in 2024, including OpenAI becoming a product company, the future of AI platforms and niche applications, advancements in agent-based models, AI video and audio in niche areas, generative music models, limitations of monolithic LLMs, Apple's entry into the AI market, legal challenges, slow progress of AI legislation, and the impact of AI on the 2024 Presidential Election.
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Quick takeaways
OpenAI is transitioning into a product company with a focus on the ship-it mindset and the launch of the GPT store, leading other major companies to follow suit.
In 2024, AI models for agent-based systems and generative multimedia will grow beyond niche applications, finding practical use in areas like insurance claims, video, and music production, thanks to advancements in tools like Pika and Runway.
Deep dives
Prediction 1: OpenAI becomes a product company
OpenAI is expected to transition into a product company under the leadership of Sam Altman. This shift will be driven by a focus on the ship-it mindset and the launch of the GPT store, an app store for AI tools. Other major companies with AI efforts will also follow this trend.
Prediction 2: Agents generated video and generated music graduate from quaint to experimental
AI models for agent-based systems and generative multimedia will grow beyond niche applications in 2024. These models will find use in practical applications such as submitting insurance claims, as well as in video and music production. While the adoption may still be limited, the advancements in tools like Pika and Runway will pave the way for more experimental usage.
Prediction 3: The limits of monolithic LLMs become clearer
2024 will bring a better understanding of the capabilities and limitations of large language models (LLMs). While LLMs have shown great promise, researchers will study their emergent capabilities and start encountering diminishing returns with an increase in parameter counts. This understanding may lead to a shift towards a mixture of smaller, more specific models that can be updated incrementally.
NLW reviews one set of predictions as a way of discussing what's coming next in AI.
Built off of https://techcrunch.com/2023/12/19/8-predictions-for-ai-in-2024/
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