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Generative AI Hype Cycle: Why Startups Will Struggle 🦄

Plus: ChatLLaMA: create custom personal assistants that run directly on your GPUs

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RUNTHE AI
March 20, 2023

Good Morning AI Runners 🏃‍♂️

After a very interesting week in AI, it's a slow Monday but we still have two things for you today:

  • Generative AI Hype Cycle: Why Startups Will Struggle

  • ChatLLaMA: create custom personal assistants that run directly on your GPUs

This article discusses the influx of generative AI startups in the past 3-4 months and how they will be impacted if they don't find a real problem to solve. The current ideas being built are mainly in chat, customer support, marketing, and legal but how will they differentiate themselves?

You get these application-layer companies that, rather than building a deeptech or AI company that is still hard to build, just use an API… You invest at a very high valuation like with an AI company, but it’s just some people who have built a little tool that got tons of traffic because of Twitter. “

Rasmus Rothe, founder of Berlin-based Merantix ( AI venture studio)

You can now create custom personal assistants that run directly on your GPUs using ChatLLaMA. The personal assistant can be fine tuned to fit your exact needs using your own data with the least amount of compute possible.

This one won't crash or kick you out for reaching full capacity.....ehm

Pic of the day:

That's it from RunTheAI for today.

THANK YOU FOR READING AND SEE YOU TOMORROW, SUBSCRIBE TO STAY UPDATED!