Every day this video ages more and more poorly [1]. categories of startups that will be affected by these launches: - vectorDB startups -> don't need embeddings anymore - file processing startups -> don't need to process files anymore - fine tuning startups -> can fine tune directly from the platform now, with GPT4 fine tuning coming - cost reduction startups -> they literally lowered prices and increased rate limits…
Vector DBs should never have existed in the first place. I feel sorry for the agent startups though.
New models and developer products
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Re: New models and developer products
#142Earlier quoted context omitted.
If you want to be a start-up using AI, you have to be in another industry with access to data and a market that OpenAI/MS/Google can't or won't touch. Otherwise you end up eaten like above.
We just launched our AI-based API-Testing tool ( https://ai.stepci.com ), despite having competitors like GitHub Co-Pilot. Why? Because they lack specificity. We're domain experts, we know how to prompt it correctly to get the best results for a given domain. The moat is having model do one task extremely well rather than do 100 things "alright"
Check out Will Bennett's "Small language models and building defensibility" - https://will-bennett.beehiiv.com/p/small-language-models-and... (free email newsletter subscription required)
Re: New models and developer products
#143So with 128K context window, if you actually input 100K it would cost you: Input: $0.01 per 1K tokens * 100 = $1.00 $1.00 per query? Given that each query uses the entire context window, the session would start at $1 for the first query and go up from there? Or do I have it wrong?
It would be $1 for each individual API call, if you were continuing the conversation based on the same 100K input. ChatGPT is stateless.
Re: New models and developer products
#144The playbook OpenAI is following is similar to AWS. Start with the primitives (Text generation, Image generation, etc / EC2, S3, RDS, etc) and build value add services on top of it (Assistants API / all other AWS services). They're miles ahead of AWS and other competitors in this regard.
And just like amazon they will compete with their own customers. They are miles ahead in this regard as well since they basically take everyone’s digital property and resell it.
Re: New models and developer products
#145Re: New models and developer products
#146Re: New models and developer products
#147A few notes on pricing: - GPT-4 Turbo vision is much cheaper than I expected. A 768*768 px image costs $0.00765 to input. That's practical to replace more specialized computer vision models for many use-cases. - ElevenLabs is $0.24 per 1K characters while OpenAI TTS HD is $0.03 per 1K characters. Elevenlabs still has voice copying but for many use-cases it's no longer competitive. - It appears that there's no additio…
Does this mean OpenAI tts is available via api? I saw whisper but not tts - maybe I’m missing it?
Re: New models and developer products
#148The 128k context window GPT-4 Turbo model looks unreal. Seems like Anthropic's day of reckoning is here?
Anthropic never even had a day. I said this before in another Anthropic thread but I signed up 6 months ago for API access and they never responded. An employee in that thread apologized and said to try again, did it, week later still nothing. As far as commercial viability, they never had it.
Re: New models and developer products
#149Re: New models and developer products
#150Earlier quoted context omitted.
Vector DBs should never have existed in the first place. I feel sorry for the agent startups though.
How does this absolve vectordbs