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https:\/\/www.linkedin.com\/posts\/jacquesludik_generative-ais-act-two-activity-7112742472287465473-92mh<\/a> https:\/\/www.linkedin.com\/pulse\/power-generative-ai-exploring-its-impact-applications-jacques-ludik\/<\/a><\/p>\n\n\n\n \u2705 What they got right: (1) Generative AI is a thing; (2) The first killer apps emerged; (3) Developers are the key; (4) The form factor is evolving; (5) Copyright and ethics and existential dread.<\/p>\n\n\n\n \u274c What they got wrong (from their assessment): (1) Things happened quickly; (2) The bottleneck is on the supply side; (3) Vertical separation has not happened yet; (4) Cutthroat competitive environment and swiftness of the incumbent response; (5) The moats are in the customers, not the data.<\/p>\n\n\n\n With respect to the latter, “workflows and user networks seem to be creating more durable sources of competitive advantage.”<\/p>\n\n\n\n Generative AI\u2019s biggest problem is not finding use cases or demand or distribution, it is proving value. \ud83d\udccc The Model Development Stack:<\/p>\n\n\n\n (1) Emerging reasoning techniques like chain-of-thought, tree-of-thought and reflexion are improving models\u2019 ability<\/p>\n\n\n\n (2) Transfer learning techniques like RLHF and fine-tuning are becoming more accessible<\/p>\n\n\n\n (3) Retrieval-augmented generation is bringing in context<\/p>\n\n\n\n (4) New developer tools and application frameworks are giving companies reusable building blocks<\/p>\n\n\n\n (5) AI-first infrastructure companies provides plentiful GPUs at a reasonable cost, etc. \ud83d\udd35 Emerging Product Blueprints:<\/p>\n\n\n\n (1) Generative interfaces<\/p>\n\n\n\n (2) New editing experiences: from Copilot to Director\u2019s Mode<\/p>\n\n\n\n (3) Increasingly sophisticated agentic systems<\/p>\n\n\n\n (4) System-wide optimization<\/p>\n\n\n\n Democratizing Artificial Intelligence to Benefit Everyone: Shaping a Better Future in the Smart Technology Era (jacquesludik.com)<\/p>\n\n\n\n Democratizing AI Newsletter: https:\/\/www.linkedin.com\/newsletters\/democratizing-ai-6906521507938258944\/<\/a><\/p>\n\n\n\n The Jacques Ludik Podcast<\/p>\n\n\n\n
Sequoia Capital’s recent article “Generative AI’s Act Two” ( https:\/\/www.sequoiacap.com\/article\/generative-ai-act-two\/<\/a> ) provides an excellent overview of the next phase or Act two of Generative AI which is more focused on solving human problems end-to-end as opposed to foundational models being the “hammer” that unleashed a wave of novelty apps. It is a thoughtful follow-up on their first article on the Generative AI landscape which I have also referenced in my article “The Power of Generative AI: Exploring its Impact, Applications, Limitations, and Future”<\/p>\n\n\n\n
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