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Llama 2 is about as factually accurate as GPT-4 for summaries and is 30X cheaper.
(www.anyscale.com)
this post was submitted on 27 Aug 2023
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I feel like with a lot of new technology, you have the frontrunner who proves such a thing is possible, then you have those who build on that work to make things cheaper and more efficient, etc.
Indeed. The first mover often doesn't reap the benefits of their move. They have to spend a lot of resources trying out dozens of wrong ideas before they manage to find the right one, and then everyone else can just look over at what they're doing and get started straight away on that. Often with a nice fresh clean start that can be more useful as a foundation going forward from there.
On the one hand that feels sadly unfair, but on the other hand OpenAI abused the concept of being an open non-profit to get to where they are so I don't really have any sympathy.
I'm trying to remember the book I was reading. First mover advantage... Only something like 35% of first movers stay in business after two years.
In two years... OpenAI is definitely going to be absorbed by a big company, probably Microsoft. But by that time, Facebook and Google would have had strong contenders ready to go.
What’s the baseline though? If only 10% of non-first movers in a new industry stay in business, being a first mover is still a comparative advantage.