40 - Large Language Models: diving into the technology behind ChatGPT and Bard

Firat and Lucas discuss Large Language Models (LLM), which powers ChatGPT and Bard.  They discuss trends in the space, notably the emergence of industry specific LLMs that can dive into deep levels of detail within their particular vertical e.g. a radiology specific LLM that assists with diagnosis, and the fact that LLMs will lead to higher expectations from the workforce e.g. one analyst may be able to complete the work of three analysts by instructing LLMs to build and maintain financial models.  They also discuss ChatGPT's emerging position as a key distribution channel for companies, rivalling Google search (both native and paid), and the speed at which AI is developing, which brings both good and bad!