It started when the Microsoft backed OpenAI went public in late 2022 with ChatGPT with its new technology of summarization. These new technologies, which process human generated information, are taking the form of being the newest, hottest thing with stock market speculation and investor stampede for AI startups. The hype cycle is in full swing, expectations are bubbling over into euphoria about the potential transformations. Silicon Valley’s motto is ‘move fast and break things’.
This Large Language Model (LLM) is a technology that makes it cheap and easy to summarize information. They generate general purpose text for chatbots, and perform language processing tasks such as classifying concepts, analysing data and translating text. Usable maps and summaries of big inchoate bodies of information can be incredibly helpful. So are the emerging transformations in human-machine interaction with respect to text, text to images and text to video. Apple, though, appears to have gone missing as it currently lacks a publicly available generative AI product.