Get Ready for Future Innovations with Large Language Models

Nowadays, almost all businesses use generative AI and large language models after realizing their ability to boost accuracy in various tasks.

With the innovations in artificial intelligence, the two terms large language models and generative AI are used interchangeably.

However, even though they offer multiple opportunities for business productivity, they require human intervention to edit and approve the generated content before being used commercially.

What is Generative AI in Simple Terms?

Generative AI describes semi-supervised and unsupervised machine learning algorithms that allow computers to use present content such as codes, infographics, video files, audio, and email text to generate new content.

The latest news surrounding generative AI has been forced by the new clear user interfaces for producing quality videos, graphics, and text in a few minutes.

Generative AI models can only “produce” results as predictions according to the set of new data points. 

After training a linear regression model to forecast test scores according to the number of hours spent researching, for instance, it can produce a new prediction if you give it the number of hours a fresh student spent researching. 

In this case, you couldn’t rely on prompt engineering to understand the connection between these two values, which is possible with ChatGPT. 

Model AI can create original and fresh content from the start when compared to traditional models, as they depend purely on already existing data to forecast outcomes. 

After completion of these models’ learning processes, they produce statistically possible results when prompted and can be used to perform different tasks, such as:

1. Image generation according to present ones or using the style of one image to change or generate a fresh one.
2. Speech tasks include query/answer generation, meaning of the text or interpretation of the intent, transcription, and translation.

What is Generative AI vs. Normal AI?

It’s necessary to know GenAI vs. AI before implementing it in businesses. To use normal AI, specialized skills and knowledge are required, whereas anyone can use generative AI.

When you are having a discussion about generative AI, then the question “What is the difference between generative AI and discriminative AI?” strikes your mind.

Here are the major differences between generative AI and normal AI or discriminative AI:

Generative AI: understands intent and generates content in human tone (e.g., audio, video, text, code, music, and data).

Normal (traditional) AI: Forecast results for particular use cases according to past trends in data.

Generative AI: applies to different applications (e.g., answering complicated questions, creating audio and tools like video editors, and creating new images) and use cases.

Normal AI: Closely defined, use-case-oriented (e.g., identify an anomaly in a photo, identify fraud, play chess).

Generative AI: data collected through the internet.

Normal AI: accurately chosen data for particular reasons. 

Generative AI: More user interfaces (e.g., chat interfaces via web browsers and apps).

Normal AI: specialized use-case-oriented applications (e.g., call centre screens, dashboards, and BI reports).

Generative AI vs. Predictive AI

Both predictive AI and generative AI are used for well-defined and various reasons.

Predictive AI can categorize future events or predict future results by looking at historical data patterns. Hence, you can expect accurate outcomes.

On the other hand, generative AI helps you create content; machine learning is used in these branches.

However, if you look at both techniques, creativity is the major difference here.

Predictive AI cannot create any original content, and generative AI has the potential to generate data that didn’t exist earlier. As it finds various trends and expresses them for new yet original content. 

Major differences between GenAI and predictive AI comparison

Point of Dissimilarity	GenAI	Predictive AI
Algorithms	Make use of deep learning algorithms and concentrates on data inputs	Inspect past data using statistical algorithms
Results	Produce various fresh outcomes for the identical prompt	Provides particular predictions for specific outcomes
Use cases	Create marketing strategies, serves as a chatbot for the rapid customer services	Predict upcoming sales of the company according to the latest industry trends, identify underperforming elements in the beginning

Is GPT a Generative AI? 

Yes. GPT models belong to a category of models that are usually called “foundation models.” They can generate human-like content as they are trained on massive amounts of data and can predict the hidden words.

Like this, they can usually perfectly forecast the next word, as they are probabilistic models.

What is LLM in Simple Words?

LLMs (Large Language Models) represent the best form of generative AI. Large language models are modern artificial intelligence systems that have the potential to produce meaningful and contextually valid content.

These models can understand complex trends and language structures as they go through training through huge amounts of datasets gathered from books, articles, websites, and so on. 

Based on this, LLMs can progressively produce human-like text, respond to queries, perform particular tasks, and engage in conversations without losing fluency and expertise. 

Renowned and top large language model examples include Llama (Meta), BERT (Bidirectional Encoder Representations from Transformers), Bard (Google), and GPT-3 (Generative Pre-trained Transformer 3). GPT-3, introduced by OpenAI, can execute tasks such as creative writing, generating codes, and translation.

Google launched BERT, which can understand the search intent and is a base for search engine algorithms.

What are the Components of a Large Language Model?

Large language models include different neural network layers.

Attention layers, embedding layers, recurrent layers, and feedforward layers cooperate to process the input text and produce output content. 

“The attention layer” allows a language model to concentrate on single portions of the input text that are related to the present tasks.

The responsibility of this layer is to produce perfect output. 

Embeddings from the input text are created using “the embedding layer.” This portion of the large language model can capture the syntactic and semantic intent of the input. 

“The feedforward layer (FFN)” consists of numerous completely connected layers that modify the input embeddings.

While doing this, these layers let the model to fetch higher-level abstractions. 

“The recurrent layer” sequentially simplifies the words in the input text. It understands how words connect in a sentence.

Foundation Model vs. LLM

Even though both foundation models and LLMs are listed under AI models, they have their weaknesses and strengths.

Foundation models are less data-intensive and have a more general purpose, whereas LLMs are more data-intensive and specialized.

The excellent model to use for a specific task will depend on the requirements of that particular task.  

Let’s discuss their major differences in detail:

Foundation models are generic

It means that these models can be used for all types of tasks. For instance, a foundation model can be used to develop a chatbot, write engaging content, and translate languages. 

A large language model is usually only used for one or two tasks, including language translation or text generation. 

LLMs are properly trained in language data

As already explained, LLMs are trained in such a way that they can understand the variations of language.

It means they are experts in creating semantically relevant and grammatically accurate text. For instance, a LLM can be used to produce text that is both informative and engaging. 

A foundation model may not be perfect enough at producing grammatically perfect text because it’s not purely trained on language data. 

Foundation models are undeveloped

Foundation models are still immature, whereas large language models are developed and extensively used. This shows foundation models are likely to produce incorrect outputs. 

On the other hand, large language models are more reliable and stable, but they might not be as creative as foundation models.

What are the Benefits of Using LLMs?

Increased efficiency

When you combine large language models into your tasks, you’ll notice an increase in efficiency.

Diverse insights and viewpoints

The potential to use this vast amount of knowledge creates outstanding opportunities for increasing your understanding and inspiring inventive thinking. 

Personalization for particular domains

You’re increasing these models’ original potential once you fine-tune them for particular domains or datasets.

This personalization lets you produce content matched with market jargon, niche audiences, or themes, creating limitless opportunities for producing customized marketing articles, materials, and social media posts that connect with your niche audience. 

Quicker response time

LLMs can produce responses in real-time and decrease audience waiting times.

GenAI and LLM Examples at Work 

Let’s have a closer look at the examples to understand how LLMs and GenAI work together:

Case management

A consumer asks about their case with a case worker instead of relying on documents, a chat transcript, and each email to find a solution. 

The caseworker then sends this question to a large language model and asks it to come up with a complete summary of the data belonging to that query.

Later, the LLM comes up with a summary in a textual format, recommending upcoming steps and key players.

In this case, the customer was also facing technical issues in uploading documents to their case, so generative AI-enabled video creation tools can be used by the caseworker to send them a video to explain the whole process. 

Creating a marketing persona

A marketer wants to use generative AI to develop a synthetic customer persona.

They ask LLM questions such as “Where do I get the news for my persona?” or “Which communication channels does my persona like?” and use the answers to produce a story associated with their persona.

Later, they use that data and request a generative tool to produce images that define that persona. 

Challenges and Applications of Large Language Models

Even though LLMs have many benefits, you shouldn’t ignore some challenges too:

Plagiarism is a major concern

The problem with LLMs is they might repeat paragraphs or words from their training set word for word.

It looks like models including ChatGPT can duplicate past inputs entered by others too. 

Provide common answers

Apart from replicating the data they’ve seen at the time of training, LLMs might generate similar responses for all that aren’t customized to your particular demands.

Techniques such as reinforcement learning from human feedback (RLHF) or fine-tuning a model on your datasets can be used to enhance this. 

Cost of creating an LLM

Due to the large training sets and numerous parameters used in LLMs, it is usually very costly to train these models and to run them at inference time, particularly at scale, with high concurrency and low latency.

In the end, the user bears this cost. 

May generate negative results

If suitable restrictions are not in place, LLMs can be used by users to generate harmful content—sometimes phishing emails or malware.

In some cases, they might generate toxic content without keeping the user’s intention in mind. Few are known for incorrect information as a result of their training data. 

Difficult to interpret

It might be challenging to determine how LLMs can make decisions. 

This can be challenging, especially in industries like healthcare or finance, as they need higher levels of transparency and responsibility.

For instance, it may be dangerous to depend on LLMs to draw conclusions regarding patient care if you don’t understand how they arrive at their conclusions and can’t verify their reasoning. 

Now, let’s explore applications of large language models:

1. Most of the time, LLMs are used for analyzing the sentiment of users to understand the intent of their specific response or a piece of content. 
2. LLMs can allow a conversion with an audience in a more natural way than older AI technology generations. 
3. In marketing, LLMs have been trained to segment items/products into categories according to their product descriptions.

Why Do Businesses Need Large Language Models?

Better decision-making: With the latest innovations that enable companies to plug in (through a vector database) their data into the LLM, this becomes more useful.

This capability to use the data allows executives to make strategic, data-enabled decisions that can significantly impact the performance of their business. 

Refined operational efficiency: Large businesses repeatedly struggle with handling and processing enormous amounts of data.

Automation of numerous tasks, including content generation, document summarization, and email drafting, can be done using LLMs.

How Do Large Language Models Work with Generative AI?

Let’s see how generative AI works when combined with large language models: 

Text prompts

Generative AI can be combined with large language models to offer captions or text prompts for generated content.  

Foundation models

These are pre-trained large machine learning models with the goal of being fine-tuned for a particular language grasping and creation task. 

Once these models complete their training process, together they produce statistically possible results when prompted, and later they can be used to carry out different tasks such as:

1. Image generation according to current ones or using the style of one image to change or create a fresh one. 
2. Speech tasks like interpretation of the meaning of text, question/answer generation, translation, and transcription.

What is the Future of LLM?

The new generation of LLMs will successively refine and get “smarter.” They will progressively grow in terms of managing more business applications.

Their capability to translate content across various contexts will expand further, making them usable by business users of all levels of technical expertise. 

Allowing more accurate data via domain-oriented LLMs developed for specific sectors or functions is another direction for the upcoming large language models.

In other words, the use of these models could lead to new examples of shadow IT in companies.

Conclusion

In recent years, both generative AI and large language models have become more powerful. In the upcoming years, businesses not only use large language models for sentiment analysis and text generation, you can see almost all applications you use will be built on LLMs.

References:

What Is a Large Language Model (LLM)
Compare large language models vs. generative AI
What is a large language model (LLM)