The conventional wisdom, well captured recently by Ethan Mollick, is that LLMs are advancing exponentially. A few days ago, in very popular blog post, Mollick claimed that “the current best estimates of the rate of improvement in Large Language models show capabilities doubling every 5 to 14 months”:
How can I verify this?
Look at the number of companies offering AI based video surveillance. That sector alone is worth tens of billions each year and still growing.
Just about every large company is using AI in some way. Google and Microsoft are using AI in their backend systems for things like spam filtering.
You’re thinking of AI as “ChatGPT” but the market for AI has been established well before ChatGPT became popular. It’s just the “new” guy on the scene that the news cycle is going crazy over.
I’m interested in LLMs and how they are being used because that’s what large sums of money is being thrown at with very uncertain future returns.
I have no idea how LLMs are being used by private companies to generate profit.
What I do know is that other forms of AI are employed in cybersecurity, fintech, video surveillance, spam filtering, etc.
The AI video surveillance market is huge and constantly growing. This is a proven and mature segment worth tens of billions every year and constantly growing.
I find it interesting that you keep driving the point about LLMs and constantly ignore my point that AI is way bigger than just LLMs, and that AI is making billions of dollars for companies every year.