Open-Source AI Ecosystem and Models Bring Value in Abundance!

Seven years since the advent of the transformer technology and four years since the advent of GPT, 2024 is shaping up to be a landmark year, witnessing a proliferation of AI models across various domains, from video to AI agents to robotics, signaling the era of AI commercialization at scale.

This is driven not just by technological leaps in compute and large data models but also by open collaboration. The open-source AI model ecosystem is democratizing access and fostering a vibrant community of established industry leaders and new startups.

While big tech such as Microsoft, OpenAI, and Alphabet continue to suck the oxygen out of the room when it comes to AI investments and applications, and continue to have the biggest advantage due to the treasure of proprietary data they hold as well as the capital and resources they are willing to pour into AI, newcomers are emerging with models that rival established giants, proving that groundbreaking innovation can come from anywhere.

Open-source AI ecosystem and models should be seen as a catalyst for innovation and growth...

It is really exciting to see how the open-source AI ecosystem and models are enabling more new players to participate and deliver value. This movement should not be seen as a threat to established players, but rather a catalyst for innovation and growth, enabling companies to swiftly build upon existing models and frameworks to significantly reduce development costs and timelines to deliver AI applications and experiences at scale.

Companies’ success in the AI era hinges on a clear vision and plan to implement AI to drive the bottom line, carefully choosing what AI framework, models and technologies to consume and how to consume them to solve real business problems that ultimately deliver exceptional value to customers and business.

DISCLAIMER

All views expressed are solely the author and do not directly or indirectly express the views and or opinions of any employer, organization and or entity with which the author is affiliated with.

ABOUT THE AUTHOR

Dr. Ahmad Mourad is a senior business technology, FMCG / retail, healthcare, and telecom executive driving business growth, ingraining innovation at scale, shaping and transforming business and digital ecosystems through ethical leadership, talents development and engagement, diverse thinking and inclusion, customer centricity, stakeholders’ engagement, internal and external partnerships.