The ability of Generative AI models to “converse” with humans and predict the next word or sentence is due to Large Language Model, or LLM.
Types of LLMs |
|
Advantages |
Disadvantages |
Zero shot learning- LLMs can generalize to tasks they were not explicitly trained for, showcasing adaptability to new applications |
High cost- Setting up the computing power for large models requires significant investment. |
Efficient data handling- It can process vast amounts of data, making them suitable for tasks like language translation and document summarization. |
Data availability- Obtaining a large, high-quality text corpus can be challenging |
Fine tuning- LLMs can be fine-tuned on specific datasets or domains, enabling continuous learning and adaptation. |
Bias-Many large data sets used for training LLMs contain biases and prejudices leading to biased or discriminatory content. |
Smooth training- LLMs streamline training by leveraging unlabelled data, and accelerates the process which saves time and resource |
Time consuming- It takes months of training and human fine-tuning are necessary for optimal performance. |
Automation- They can automate language-related tasks, freeing human resources for more strategic aspects of projects. |
Environmental impact- Training LLMs contributes to carbon emissions. |
Performance- It provide fast responses, improving overall business efficiency and productivity, their high-performance capabilities enhance language-related tasks and content delivery |
Hallucination- LLMs may generate incorrect content without relying on learned data, this may lead to lack of accuracy or validity. |
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