The "Open or Closed" edition
Marco Andre
Top Voice 2024 | 50% more output in 50% less time. I train medium and large organizations to get ahead with AI | Global Keynote Speaker | Marketing & AI Executive
Dearest Gentle Reader,
Last week there was a lot of chatter about the below:
Yes, this beautiful (spitting animal) was also the inspiration for Facebook to name their own Large Language Model - LLaMA
Last week they launched it's latest iteration - LLaMA 3.1. A LLM so powerful that re-ignited the debate over the pros and cons of open-source and closed models.
Why is this important, you might ask? Well last week was about food methapors. This week I am feeling more leafy, so lets use a garden analogy - Think of LLMs as gardens
Why does this distinction matter? Let's examine the pros and cons:
Open-source advantages:
Open-source challenges:
Closed-source advantages:
Closed-source challenges:
But why does this matter to you as a business leader?
You heard me before talking about my Build/Buy/Borrow Framework - and how deciding how to partner on AI is critical.
Open-source models offer the flexibility to tailor solutions to your specific needs without ongoing licensing costs, potentially accelerating innovation. However, they require in-house talent and resources to implement and maintain.
Closed-source models are potentially more expensive, but offer turnkey solutions with professional support, reducing the need for specialized in-house talent.
Deciding one over the other will influence not only your tech stac, but also your hiring strategy, budget allocation and partnership landscape.
This applies to you not only as a CIO or CDO, but if you work in marketing, sales, HR or Finance.
And there's no right answer, it's about selecting the right environment for your project to grow and flourish (no pun intended again).
See you next week.
(The) Lady Whistledown (of AI)
Hey, I’m Marco. I write, speak, train and advise on #marketing and #ai
Enjoyed reading this??? Connect, follow me Marco Andre ??
AI Innovator, Creator, and Evangelist | Life Long Learner and Applier | Aspiring Tech Leader | Gen AI Strategist and 4x Azure certified
3 个月This is a great achievement, congratulations keep writing and sharing insights in consumable bits ??
Always love reading your small newsletter! I think one valid addition to open source is Innovation
Senior Marketing Leadership: Marketing Management | Brand Development | Product Strategy Development | New Product Launch | Team Leadership | Customer Experience
3 个月Always great to read your newsletter. Love the analogy.
4x Founder | Generalist | Goal - Inspire 1M everyday people to start their biz | Always building… having the most fun.
3 个月Congrats on 4k!
The Lady Whistledown (of AI) ??