Do you want to build a ChatBot?
Chandramouli (CM)
SVP, Artificial Intelligence // Head of Korn Ferry Digital India GCC
If 'Do you want to build a chatbot?' sounds familiar, it's because it's been on repeat in every Product Manager's and Data Scientist's head this past year, kind of like that famous 'Frozen' song we all know. But instead of building snowman, we're dreaming up chatbots!
As businesses strive to enhance customer engagement and streamline operations, the adoption of advanced AI solutions like RAG chatbots is everywhere. However, the journey to integrating these powerful tools comes with its complexities and costs.
I’ll guide you through the five main strategies for constructing a RAG-based chatbot and outline the specific skill sets each one demands.
Who should read: Product Managers, Data Scientists and Engineering leaders
Just a heads up: There's a goldmine of super helpful content out there that explains all about RAG chatbots way better than I ever could. So, I won't repeat what they've said. If you're itching to learn the A to Z of RAG Chatbots, scoot over to this cool article – it's got the goods!
TL; DR:
Context
In the last 12 months, every technology company has jumped on the chatbot bandwagon. Large Language Model (LLM) based chat applications have swiftly become a quintessential line item in IT budgets, marking a shift in technological priorities. Most Data Scientists and AI teams have dabbled with chatbots, experimenting and innovating, striving to harness their full potential.? RAG (Retrieval-Augmented Generation) chatbots stand out. They're not just another tech trend; they're reshaping how we interact with data, offering a new interface to harness insights.
Exploring the Approaches to Building RAG Chatbots:
In the dynamic realm of RAG chatbot development, understanding the available options and their respective costs is pivotal. My experience in the field has revealed five distinct approaches, each with its unique set of resources, expertise requirements, and financial implications. Let's break down these methodologies to give you a comprehensive view of what goes into building an effective RAG chatbot.?
As the saying goes, 'horses for courses.' The journey to building a RAG chatbot can take various paths, each suited to different needs and expertise levels. As the complexity of the approach increases, so does the need for more specialized and advanced skill sets.
Below is an overview of the current approaches, arranged from simplest to most complex.?
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Approach 1 – Build CustomGPT on OpenAI:
Approach 2 - Low Code/No Code AI Builders:
Approach 3 - Platform-Specific Templates/Studio:
Approach 4 - Building the Stack Ground-up:
Approach 5 - Build/Fine-Tuning Open Source LLM:
Each approach presents a unique blend of advantages and challenges. The choice largely depends on the organization's technical proficiency, resource availability, and specific business requirements.?
In conclusion, it's essential to
Evaluate these options before you commit resources, budget, and timeline to your users.
This thoughtful consideration ensures that the approach you choose aligns not only with your current capabilities but also with your long-term business objectives. By doing so, you pave the way for a successful integration of RAG chatbots, revolutionizing your customer interactions and internal efficiencies.?
Note: The thoughts and opinions expressed in this article are my own and do not reflect the views of my employer.
Founder @ Bridge2IT +32 471 26 11 22 | Business Analyst @ Carrefour Finance
10 个月Interesting read, thank you for sharing!
Managing Director & CEO at Recruise India Consulting Pvt Ltd
10 个月We see this demand increasing. ??