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Invest Like the Best with Patrick O'Shaughnessy cover image

Aravind Srinivas - Building An Answer Engine - [Invest Like the Best, EP.363]

Invest Like the Best with Patrick O'Shaughnessy

NOTE

Innovations Beyond Transformer Models

The core self-attention model architecture of transformer models has not changed significantly, with the main evolution being a shift towards a mixture of experts model. While criticism exists regarding the quadratic attention complexities, the majority of computation in large transformers like GPT-3 or GPT-4 is spent on matrix multiplies, not attention layers. Innovations in auxiliary layers like retrieval and augmented generation may have a more significant impact than strictly focusing on transformer improvements. The key lies in developing models with fluid intelligence for rapid skill acquisition rather than emphasizing memorization of facts, highlighting the value of adaptability and quick learning when hiring employees.

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