ACQ2 by Acquired Generative AI Moats in B2B with Emergence Capital’s Jake Saper
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May 9, 2023 Jake Saper, a partner at Emergence Capital and expert in Generative AI, dives into the evolving landscape of B2B SaaS. He discusses when accuracy is critical, the necessity of human oversight in AI systems, and how startups can leverage proprietary data for a competitive advantage. Jake also explores the tension between innovation and legal compliance, and the transformative potential of generative AI on business operations. His insights reflect on the balance of AI and human creativity, emphasizing new roles in the job market and innovative pricing strategies.
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LLMs and GPT Explained
- LLMs are programs designed to understand and generate human language using deep learning techniques.
- They analyze vast amounts of text data to learn patterns and predict the next words, like in ChatGPT.
Understanding GPT
- GPT stands for Generative Pre-trained Transformer, a type of LLM popularized by OpenAI.
- It's 'pre-trained' with data up to a certain point, limiting its knowledge of more recent events.
Accuracy vs. Outcomes in B2B
- Consider the importance of accuracy and real-world outcomes when building with Generative AI.
- B2B applications often demand high accuracy, unlike consumer apps like character.ai, where it matters less.
