LLM-Based ChatBots with YOUR Data from $1K - $500K+
Inside or outside the firewall, RAG-based, LLM-driven knowledge bases are killer applications
If your company is not experimenting with LLM-based chatbots using your own company’s data through Retrieval Augmented Generation (RAG), you are now falling behind.
GenAI is transformational for every industry and continues to improve rapidly.
Today's AI is the worst AI you will encounter in your career.
Your owners, investors, and competitors all recognize this.
All the top talent at your company knows that GenAI is the future and wants to work for an organization that embraces it.
In this Age of AI, competitive advantage requires a core competency in learning and adapting. Companies ahead on the AI learning curve are distancing themselves from competitors.
Approximately 80% of any company's data is unstructured (i.e., not in a database but in PDFs, Word documents, SharePoint, traditional websites, PowerPoint, notes in CRMs, etc.), and GenAI “lights up” value from this data.
Retrieval Augmented Generation (RAG) allows companies to enjoy the best of both worlds: the power of ChatGPT or LLM and the ability to use their own company’s data.
Any company can now create a chatbot with their own company’s data for <$500 using a no-code LLM tool from over a dozen vendors like Alltius, Chatbase, CustomGPT, and others (see our current vendor list here). Watch a video of me building two chatbots with my data in 5 minutes.
Hundreds of companies have already done this.
We strongly recommend that every company, including highly regulated ones, follow suit and deploy a ZERO-RISK, LLM-based chatbot that uses a no-code LLM solution and public data from their website to start. Applications include technical product manuals, product information, and basic company info from your website.
More advanced solutions exist for behind-the-firewall implementations for employee onboarding, competitive analysis, handling of sales objections, software documentation, etc.
Start the learning curve toward competitive advantage and get started now.
Learn more about your options and cost ranges at our Learning Lab tomorrow at 7 PM ET.
Essential AI News from last week
Each day our AI analysts read dozens of enterprise AI news articles and then debate and rate the top 5 for that day as Essential, Important, or Optional for the AI Leader (feel free to watch our daily 7:30a show live or via recordings, or sign up for daily email here)
Last week, our AI Analysts rated 4 articles Essential
At Moderna, OpenAI’s GPTs Are Changing Almost Everything
Rationale: Highlights the company's broad application of GenAI from legal processes to drug discovery. More than 750 GPTs created by employees to date with plans to engage OpenAI for more formal applications. However, this is a company struggling with only 1 product in the market and there's a little too much smoke here as opposed to fire to call this essential.
Introducing more enterprise-grade features for API customers
Rationale: OpenAI announced new enterprise features to better serve large-scale business needs, including enhanced security, administrative controls, and, perhaps most notably, favorable pricing strategies. Given they're still most used by businesses, this is an essential development.
Rationale: Amazon’s improvements to Bedrock substantially enhance the ease of integrating and managing AI models (even ones you've built yourself). They also released an image generator into the Titan family, a model comparison tool, and access controls. Nice set of new features, and the AI leader should give Amazon a really close look. Lots to love here.
Generative AI Arrives in the Gene Editing World of CRISPR
Rationale: While there's no immediate action item for an AI leader from this news, it's just a stunning advancement that humans in general should know about. Profluent has used GenAI to create a novel synthetic mechanism for gene editing, which they've open-sourced so others can study it (they didn't open-source the technology behind it). Another ground-breaking, back-pocket use of GenAI to support budget requests.
Notable upcoming events
Apr 29 (virtual, free). Weekly GenAI Learning Lab (Zoom call) - Use Cases & Cost Ranges ($1K-$500K+) for Chatbots Sign up via Meetup
Apr 28 (paid) - GenAI for Busy Sales Professionals. Purchase tickets here.
May 3 (virtual, free). AI Blueprint for MA monthly Zoom call. AI Blueprint for MA is a volunteer effort to help attract and retain AI talent to the State of MA in USA. Email Paul Baier to be added to the calendar event. This event is open to the public.
May 7 (virtual option is FREE) Leading with AI at Harvard Business School. Only virtual tickets are left. Paul Baier is a judge at the conference (message me if you are attending).
May 16 (in person, paid) Leveraging AI Conference in Sunnyvale, CA.
The event is geared toward professionals working in medium and large organizations who are involved in assessing the AI landscape; setting up pilot tests; scaling what works; and developing short-, medium-, and long-term strategies. GAI Insights Co-Founder John Sviokla will be among the speakers, as will leaders from Amazon, Goodyear, Airbus, Robust.ai, Mastercard, and more. GAI Insights community will save $100 by using the promo code GAI24 here.
June 4 (in person, paid). The AI Advantage in Sales workshop presented by the Distribution Strategy Group. This 3 hours, hands-on workshop shows you how to use GenAI to increase your sales effectiveness to drive cash to your pocket.
Oct 7-8 (2 days. in-person, paid): GAI Insights’ Generative AI World 2024 in Boston, MA. Currently accepting Call for Speakers
“No amount of evidence will persuade an idiot” - unknown (falsely attributed to Mark Twain on the internet)
Onward,
Paul