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From Data To Profit
book

From Data To Profit

by Vin Vashishta
July 2023
Intermediate to advanced
352 pages
7h 35m
English
Wiley
Audiobook available
Content preview from From Data To Profit

CHAPTER 14Large Model Monetization Strategies—Quick Wins

Entirely new business models will be built around generative AI and the wave of new companies like OpenAI, Anthropic, and HuggingFace. New partnerships are emerging every day. Amazon has partnered with HuggingFace, Microsoft with Open AI, and Google with Anthropic. Google also has its own version of these generative models called Bard, and generative models actually originated there before other businesses took them forward.

Is everyone going to need a partnership? No, but every business will need to understand the new paradigm, not just for generative models but for all of the other large-scale platform models that will come after this round.

Less technically mature businesses are leapfrogging larger competitors. A new paradigm of models enables products that used to be the domain of the largest tech-first companies. Now that's changed, and we need to think differently about the concept of an AI platform.

How will these changes impact businesses and the AI competitive landscape? What's being accelerated, and by how much? More important, how will businesses use these new AI model platforms to generate revenue and run more efficiently?

In this chapter, I'll answer those questions and more. I provide frameworks for monetizing large models like GPT and all the ones that will follow. Multimodal language models are just the beginning.

Large robotics platforms and supporting models will be delivered soon. Level 3 autonomous ...

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Publisher Resources

ISBN: 9781394196210Purchase Link