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What can LLMs actually do right now for most companies?

Mar 21, 2024 - theaiunderwriter.substack.com
The blog post discusses the evolution and potential future of Artificial Intelligence (AI), particularly focusing on Machine Learning. The author suggests that AI is not a threat but a powerful tool that will continue to evolve over time. They believe that the development towards Artificial General Intelligence (AGI) will be a gradual process, even if AI's ability to improve themselves may cause sudden leaps in progress. The author also discusses the current use of AI in businesses, emphasizing the importance of having a clear data strategy before implementing AI and the potential benefits of automating, extracting, and standardizing data.

The author further explores the concept of AI agents, which are semi or fully autonomous AI programs capable of completing complex projects. While current AI agents are not robust enough, the author believes that this is a transitional phase and that more capable AI agents are on the horizon. They also mention the launch of Devin, an AI software engineer, as an example of what's to come. The author concludes by expressing anticipation for the next advancements in AI, particularly GPT-5.

Key takeaways:

  • The author believes that AI is a powerful tool that will have a soft take-off towards Artificial General Intelligence (AGI), with iterative progression over time.
  • AI implementation in companies should focus on automating, extracting, and standardizing data, with the use of large language models (LLMs) through cloud service providers like Azure, GCP, and AWS.
  • AI agents, which are semi-autonomous or fully autonomous AIs/programs capable of building out complex projects, are seen as the next step in AI development.
  • Despite the hype around AI, the author warns against buying into 'soup to nut' systems that exaggerate their capabilities, and instead advises building AI capabilities in-house with a knowledgeable team and a solid data strategy.
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