Guest Jozef Soja from ARK Research discusses Meta's Llama 3 open source AI model. They debate the current state of AI models and whether they should be open source. The podcast also explores the future of AI technology, including the upcoming release of GPT-5 by OpenAI and its impact on the industry.
Meta's Llama 3 boosts AI performance with 400 billion parameter version, rivaling closed models.
Open-source AI models like Llama 3 democratize AI capabilities and promote industry standardization.
Deep dives
Meta Releases Llama 3: A Breakdown of Different Versions and Performance
Meta recently released llama 3, including an 8 billion parameter version and a larger 70 billion parameter version. A preview of a 400 billion parameter version was also provided, showing promising performance metrics. The 400 billion version is approaching GPT 4 and clog 3 levels of performance, making open models competitive with closed ones.
Balancing Model Size, Compute, and Data: Efficiency and Performance Insights
Model size affects performance and cost, with smaller models being cheaper to use and more portable. The balance between model size, data volume, and compute power is crucial in optimizing efficiency. Llama 3's announcement highlighted Meta feeding more data into the model than expected, leading to enhanced training efficiency and performance improvements.
Commercialization and Open Source Strategy of Llama 3 by Meta
Meta's approach to the commercialization of Llama 3 involves integrating it into social media platforms and products like smart glasses. While core foundation models may be open-sourced, not all products will be open-source. The democratization of AI capabilities through open-source models like Llama 3 aims to prevent concentration of powerful AI in the hands of a few players and encourages industry standardization for faster progress.
Is open source really better for everyone? This week, Autonomous Technology and Robotics Director of Research Sam Korus and Associate Portfolio Manager Nick Grous are joined by ARK Research Associate Jozef Soja to discuss Meta's Llama 3 and the current state of open source AI models.
If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.
Key Points From This Episode:
Meta announces Llama 3 open source AI model
Thoughts on the state of AI models and whether they should be open source
For more updates on Public.com:
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YouTube: @publicinvest
Twitter: https://twitter.com/public
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