The Next Wave - AI and The Future of Technology

Which LLM Should You Use For Your Business? (Pros & Cons of Each)

Oct 1, 2024

35:39

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In this insightful discussion, Matt Wolfe, a technology enthusiast, and Nathan Lands, an AI tools expert, explore which large language models are best for business. They delve into the capabilities of models like ChatGPT and Claude, highlighting their pros and cons. The conversation includes practical applications for tasks like coding and content creation, as well as emerging trends and ethical considerations in AI. Listeners will gain valuable insights on optimizing AI tools for maximum efficiency in various business workflows.

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Quick takeaways

Different LLMs like ChatGPT and Claude excel in specific tasks, ensuring businesses choose the right tool for copywriting or research.

OpenAI's latest model introduces chain of thought reasoning, significantly enhancing problem-solving capabilities and interaction quality in AI.

Deep dives

Overview of AI Language Models

The discussion highlights various AI language models, emphasizing that each tool excels in different areas while performing poorly in others. Popular models like ChatGPT, Claude, and Llama are evaluated for their unique strengths and weaknesses. For instance, ChatGPT is noted for its general usability, while Claude shines in storytelling and summarization tasks. This distinction helps users choose the most suitable model for specific applications, such as copywriting or research.

Customize to Maximize Effectiveness

01:44

Embrace Innovation in Coding Tools

00:53

Intro

3min

Advancements in AI Reasoning and Agents

6min

Exploring the Strengths of Large Language Models in Business

3min

Comparing LLMs: Strengths, Usability, and Customizability

2min

Enhancing Usability with Custom Instructions and GPTs

5min

Exploring Advanced AI Capabilities

15min

Episode 26: Which Large Language Model (LLM) Should Your Business Use? Matt Wolfe (https://x.com/mreflow) and Nathan Lands (https://x.com/NathanLands) dive deep into the pros and cons of various LLMs in this jam-packed episode.

This episode explores the capabilities of AI tools like ChatGPT, Claude, Grok, and Gemini, and highlights how businesses can leverage these technologies for tasks such as copywriting, research, coding, and creating custom content. Get ready for a detailed discussion on emerging AI trends, practical applications, and the ethical considerations surrounding AI usage.

Check out The Next Wave YouTube Channel if you want to see Matt and Nathan on screen: https://lnk.to/thenextwavepd

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Show Notes:

(00:00) Deep dive on tools for copywriting and research.
(05:46) Preview version outperforms but below full model.
(08:38) Use GPT-4 for most tasks; complex, OpenAI-01.
(10:09) Compress PDFs for Claude to read easier.
(15:11) Exploring English, introducing custom GPT projects' benefits.
(16:05) Cloud runs and displays code alongside chat.
(18:56) Notebook LM converts complex PDFs into audio podcasts.
(22:13) Llama is best for local, secure data processing.
(26:56) Perplexity Pro: Choose and use various models.

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Mentions:

Inbound 2024: https://www.inbound.com/
Claude: https://claude.ai/
Midjourney: https://www.midjourney.com/
Flux: https://www.flux.ai/
NotebookLM: https://notebooklm.google/
Gemini: https://www.gemini.com/
Llama: https://www.llama.com/
Grok: https://x.com/grok
Perplexity AI: https://www.perplexity.ai/

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Check Out Matt’s Stuff:

• Future Tools - https://futuretools.beehiiv.com/

• Blog - https://www.mattwolfe.com/

• YouTube- https://www.youtube.com/@mreflow

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Check Out Nathan's Stuff:

Newsletter: https://news.lore.com/
Blog - https://lore.com/

The Next Wave is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Darren Clarke // Editing by Ezra Bakker Trupiano

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