Large language models (LLMs) are poised to revolutionize many industries, and three groups are well-positioned to reap the benefits: incumbents with existing distribution networks, new companies that develop specialized LLM applications, and companies that own large amounts of data.
An analysis of the AI development cycle from 2016-2018, highlighting key lessons in strategic planning, the need for sustainable business models, the value of simplicity, and the importance of focusing on core AI capabilities. The post also examines notable winners from this period, including OpenAI, Scale AI, PyTorch, Yolo, Cruise, Zoox, Otto, Airbnb, Uber, and Jasper AI.