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Note from Lionel: The following ChatGPT-authored post is part of our ongoing series about AI and its use in business. This fifth ChatGPT post is a companion piece to the open or closed LLM post I wrote earlier this week. To see other posts in this series, visit the #ForcepointAI tag page. This week, I used Bing Chat Enterprise for this blog post.
Actual prompt: Write an informative blog post for senior executives who are implementing AI projects for their organizations. Explain the benefits and the disadvantages of using open vs. closed source Large Language Models (LLMs) for internal AI projects. Please include a list of benefits and disadvantages for both. Show examples of the most popular open source and closed source LLMs.
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Large Language Models (LLMs) have revolutionized natural language processing and AI. They are trained on enormous amounts of text data and can generate text, answer questions, and perform other tasks. When it comes to implementing LLMs for internal AI projects, one important decision to make is whether to use open or closed source LLMs. In this post, we’ll explore the benefits and disadvantages of both options.
Open Source LLMs are language models whose source code is publicly available and can be freely accessed, used, modified, and distributed by anyone.
Some popular open source LLMs include Alpaca1, BLOOM2, BLOOMChat2, Cerebras-GPT2, Dolly2, Falcon2, FastChat2, FLAN-T52, FLAN-UL22, GPT-J2, GPT4All2 and GPTNeo2.
Closed Source LLMs are language models whose source code is not publicly available. They are often developed by large corporations and may be proprietary.
Some popular closed source LLMs include Bard, ChatGPT3, Claude, Cohere and Jurassic.
In conclusion, the decision to use open or closed source LLMs for internal AI projects depends on your specific needs and priorities. Open source LLMs offer control, customization, community support, innovation, and transparency. On the other hand, closed source LLMs may have more resources and dedicated support. It’s important to carefully weigh the benefits and disadvantages of both options before making a decision.
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