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Weve also seen the emergence of agentic AI, multi-modal AI, reasoning AI, and open-source AI projects that rival those of the biggest commercial vendors. But for many business use cases, LLMs are overkill and are too expensive, and too slow, for practical use. Multi-modal AI Humans and the companies we build are multi-modal.
On July 19, 2024, CrowdStrike released an update , and it crashed user machines. Thats a particular problem because, just as with CrowdStrike, theres a growing dependence on a small number of vendors. Ditching them isnt the answer if theyre the best product on the market. The AI Safety and Security Board was also disbanded.
Agus Huerta, SVP of digital innovation and VP of technology at Globant, says hes seen better performance on code generation using Llama 3 than ChatGPT. The gap has significantly narrowed in 2024, says Gartner analyst Arun Chandrasekaran. It can also help with refactoring. Llama 3 has proven to be very good at that.
Internal development GPT4DFCI was designed to be used for non-clinical purposes, says Lenane, and was first tested with users last year, with full release at the end of 2023 and beginning of 2024. The obligation to protect patient privacy and data under HIPAA precluded the institute from using public gen AI services like ChatGPT, he says.
2023 has been a break-out year for generative AI technology, as tools such as ChatGPT graduated from lab curiosity to household name. It’ll also lend a hand with e-commerce, delivering a multi-channel “concierge” experience from February 2024. The two companies are jointly developing LLMs and generative AI capabilities , they said.
No review of 2023 would be complete without mentioning the explosion of AI into the public eye, like ChatGPT and Copilot. Result: Disrupted production led to product shortages and a 23-28% loss in net sales for Q1 2024. Topping the list at 86% was ChatGPT and GitHub Copilot at 70%.
Late last year in California, for instance, a ChatGPT-powered chatbot promised a Chevrolet of Watsonville customer a 2024 Chevy Taho for $1, adding “and that’s a legally binding offer — no takesies backsies.” We’ve already seen many examples of corporate AIs not performing as intended.
Throughout late 2024, Microsoft continued to expand its agentic offerings with purpose-built agents for specific use cases. Then in November, the company revealed its Azure AI Agent Service, a fully-managed service that lets enterprises build, deploy and scale agents quickly. We cant do that for security reasons, he says.
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