Who is the best?
(Posted 19:27:44 on 29th March 2023 by Rag)
A question that's being asked a lot right now - which is the best AI and how can I invest in them? With companies popping up daily, who should I back? Well, is there really a lot of companies in this space? And before you can determine the best, you need to define the players. If you're looking at AI as an everything, then you've got Open AI's ChatGPT (backed by Microsoft) and Google's Bard. These are generative AIs. If you're looking at text-to-image, there's a bit more with Open AI's Dall-E, Stable Diffusion and Midjourney. Hold on a minute, you mentioned a whole lot more and if I Google, I get a list of loads of AI. Well, first, why are you using Google? Bing has incorporated ChatGPT into it's search. But yes, you are correct and I even talked about Adobe's text-to-image in a previous article, but a lot of these products are based on the models of the one's I've mentioned. There are others out there, I'm not saying there isn't, but when it comes down to it, there's not as many as people think. There's a ton of web services that are just running these models as they've found either a unique front end or a better model to apply ....
.... a better model to apply? Yes and that is actually the answer to the question. It kind of doesn't really matter who has the best product now. Going back to the generative AI rather than text-to-image, certainly ChatGPT has the brand recognition and is being incorporated into all things Microsoft. I literally got pinged on Skype by it earlier today asking me if I wanted to talk to it (albeit that it called itself Bing for some reason). But go back to what Generative AI is (and to save you scrolling down to the ChatGPT provided definition) “Generative AI refers to a type of artificial intelligence that can create new and original content, such as images, videos, music, or text. It uses machine learning algorithms, typically based on deep neural networks, to learn from a large dataset of examples and generate new data that is similar in style or content”. The answer to which is the best AI (at least in the short term) is going to be based on which model can learn and interpret data best and we've not really seen that yet.
What we've seen so far is the ubiquitous AI that tries to answer everything and then very specific image generation AI. What we're going to start seeing is specific AI being trained and introduced in the workplace. We're already seeing it with how Microsoft is enhancing co-pilot within GitHub where you have an AI providing guidance on code you're writing. We'll start to see more examples of AI being trained on proprietary data within a company for specific use cases. In the world of consulting, there are endless opportunities. If we think about a system implementation, it will probably start to be used in a QA function and then work into other areas including design, testing, data conversion. These AI will likely be based on one of the existing models (or an enhanced version), but they don't need to answer everything that a ChatGPT does .... or provide you answers like it's explaining to a 5 year old. That said, I'm pretty sure a lot of people will want this feature so they can explain what they're doing to their boss. I know my folks would use it when talking to me, lol. So we will probably see models emerge that are trained on specific data with a specific purpose along with the natural language processing capabilities they have.
The most notable thing to me, however, is that there are two names missing in all of the discussion being Apple and Amazon. Amazon obviously has Alexa and has invested a lot in AI, so what will they bring out. Apple is probably most aligned with what people want and will use, so what will they have for us as a next gen Siri? Now, they could both end up licensing one of the existing models if their own tech isn't going to get there, but I kind of think something big will hit us from one of these pretty soon.