

The Most Important Events in Open vs. Closed AI
13 snips Aug 10, 2024
Teana Baker-Taylor, co-founder of Venice, dives into the fierce debate between open and closed AI. She discusses the implications of groundbreaking models like Llama 3.1 and Mistral Large 2. Teana highlights the uphill battle smaller tech firms face against giants like Meta, particularly in navigating mergers and acquisitions. The conversation also touches on the evolving fintech landscape and its challenges to traditional banking, along with regulatory frameworks like the European AI Act that seek to balance innovation with oversight.
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Llama 3.1's Open Advantage
- Meta's Llama 3.1 405B model surpasses closed models in several metrics, raising the bar for open-source AI.
- Its open licensing allows broader use and iteration compared to Mistral Large 2's non-commercial license.
Big Tech's Open Source Play
- Mistral Large 2's non-commercial license limits its adoption despite its performance. Meta leverages its resources to offer Llama openly, potentially due to past scrutiny about closed practices.
Google's Character AI Deal
- Google's non-exclusive licensing agreement with Character AI, bringing back its founders and staff, resembles an acquisition. This raises questions about Google's strategy and potential antitrust concerns.