Ignition reposted this
Huge thanks to Prakul Agarwal from MongoDB for hosting an insightful panel on building GenAI Apps at AI Engineer World Fair, alongside Gabriel P. and Chris Rec. 🙌 Some key takeaways: 1️⃣ We're all still figuring this out - While there's anxiety about competitors catching up, the reality is that we're all still in the early stages of figuring this out, especially on the app layer. 2️⃣ Time, money, and resources are being invested in foundational layers, but the app layer is where the real unlock happens. Just like skyscrapers, groundbreaking applications will be built on these foundations. 3️⃣ To extract true value however, apps need to be built from first principles with an AI-first approach. Workflows and automation take precedence over simply storing, categorizing, and collaborating with data and content. 4️⃣ Adding memory to pipelines is crucial for extracting real value, reducing hallucinations, and ensuring security and privacy. 5️⃣ RAGs (Retrieval-Augmented Generation models) are still inefficient, and new techniques are emerging to address this. 6️⃣ Observability is critical, such as understanding which models perform best for specific use cases and recognizing the importance of fine-tuning. 7️⃣ While 95% of the world is still using GPT, it's essential to utilize a portfolio of models for different use cases. For large datasets, consider custom training open-source models. In summary, think back to when iOS and Android were first introduced. The real winners were the apps that followed, like Uber, Airbnb, and Instagram. Similarly, we're still early on the application side of GenAI, and Ignition is leading the way in the enterprise space. Exciting times ahead! What are your thoughts on the future of GenAI applications? Let's discuss in the comments below. 👇 #GenAI #ArtificialIntelligence #EnterpriseAI #InnovationInAI #ProductManagement #IgnitionAI
Thanks for having Karthik Suresh, Prakul Agarwal! He came back with some killer insights from the show. Excited to be partnering with you!
Love this! Thanks for sharing
Karthik Suresh Helpful summary on building GenAI apps, thx. Gabriel P. Thanks for the repost!
Founder, technologist, intersection of product-engineering-business, exponential thinker, autodidact, challenger of the status quo, a crazy one, team builder, beach taker.
3wGreat takeaways! I spent some time with the mongo team as well and am really into their vision and how they are positioned to transform document data into genai knowledge-as-a-service