Key Point 2: Language Models and Domain-Specific Data

Language Models are neural networks that generate digital content based on existing data. Companies aiming to gain a competitive advantage with Gen AI should focus on feeding their Language Models domain-specific data rather than relying solely on public Internet content. To achieve this, they have three implementation options: building a Language Model from scratch, fine-tuning a pre-trained model with domain-specific language and facts, or injecting domain-specific data into prompts. Data leaders must train their teams on Gen AI technology and implementation options, evaluate their environment's support for each option, and ensure robust data governance to mitigate risks related to privacy, bias, or intellectual property.