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Here's How to Choose the Right AI Model for Your Requirements

 

When kicking off a new generative AI project, one of the most vital choices you'll make is selecting an ideal AI foundation model. This is not a small decision; it will have a substantial impact on the project's success. The model you choose must not only fulfil your specific requirements, but also be within your budget and align with your organisation's risk management strategies. 

To begin, you must first determine a clear goal for your AI project. Whether you want to create lifelike graphics, text, or synthetic speech, the nature of your assignment will help you choose the proper model. Consider the task's complexity as well as the level of quality you expect from the outcome. Having a specific aim in mind is the first step towards making an informed decision.

After you've defined your use case, the following step is to look into the various AI foundation models accessible. These models come in a variety of sizes and are intended to handle a wide range of tasks. Some are designed for specific uses, while others are more adaptable. It is critical to include models that have proven successful in tasks comparable to yours in your consideration list. 

Identifying correct AI model 

Choosing the proper AI foundation model is a complicated process that includes understanding your project's specific demands, comparing the capabilities of several models, and taking into account the operational context in which the model will be implemented. This guide synthesises the available reference material and incorporates extra insights to provide an organised method to choosing an AI base model. 

Identify your project targets and use cases

The first step in choosing an AI foundation model is to determine what you want to achieve with your project. Whether your goal is to generate text, graphics, or synthetic speech, the nature of your task will have a considerable impact on the type of model that is most suitable for your needs. Consider the task's complexity and the desired level of output quality. A well defined goal will serve as an indicator throughout the selecting process. 

Figure out model options 

Begin by researching the various AI foundation models available, giving special attention to models that have proven successful in jobs comparable to yours. Foundation models differ widely in size, specialisation, and versatility. Some models are meant to specialise on specific functions, while others have broader capabilities. This exploratory phase should involve a study of model documentation, such as model cards, which include critical information about the model's training data, architecture, and planned use cases. 

Conduct practical testing 

Testing the models with your specific data and operating context is critical. This stage ensures that the chosen model integrates easily with your existing systems and operations. During testing, assess the model's correctness, dependability, and processing speed. These indicators are critical for establishing the model's effectiveness in your specific use case. 

Deployment concerns 

Make the deployment technique choice that works best for your project. While on-premise implementation offers more control over security and data privacy, cloud services offer scalability and accessibility. The decision you make here will mostly depend on the type of application you're using, particularly if it handles sensitive data. In order to handle future expansion or requirements modifications, take into account the deployment option's scalability and flexibility as well. 

Employ a multi-model strategy 

For organisations with a variety of use cases, a single model may not be sufficient. In such cases, a multi-model approach can be useful. This technique enables you to combine the strengths of numerous models for different tasks, resulting in a more flexible and durable solution. 

Choosing a suitable AI foundation model is a complex process that necessitates a rigorous understanding of your project's requirements as well as a thorough examination of the various models' characteristics and performance. 

By using a structured approach, you can choose a model that not only satisfies your current needs but also positions you for future advancements in the rapidly expanding field of generative AI. This decision is about more than just solving a current issue; it is also about positioning your project for long-term success in an area that is rapidly growing and changing.

Rishi Sunak Outlines Risks and Potential of AI Ahead of Tech Summit


UK Prime Minister Rishi Sunak has warned against the use of AI, as it could be used to design chemical and biological weapons. He says that, in the worst case scenario, people are likely to lose all control over AI, preventing it from turning off. 

However, he notes that while the potential for harm in AI usage is disputed, “we must not put heads in the sand,” over AI risks.

Sunak notes that the technology is already creating new job opportunities and that its advancement would catalyze economic growth and productivity, though he acknowledged that it would have an impact on the labor market.

“The responsible thing for me to do is to address those fears head on, giving you the peace of mind that we will keep you safe, while making sure you and your children have all the opportunities for a better future that AI can bring[…]Doing the right thing, not the easy thing, means being honest with people about the risks from these technologies,” Sunak stated. On Wednesday, the government had released documents highlighting the risks of AI. 

Existential risks from the technology cannot be ruled out, according to one research on the future risks of frontier AI, the term given to frontier AI systems will be discussed at the summit. 

“Given the significant uncertainty in predicting AI developments, there is insufficient evidence to rule out that highly capable Frontier AI systems, if misaligned or inadequately controlled, could pose an existential threat.”

The paper also presents several concerning scenarios about the advancement of AI.

One warns of the potential backlash from the public, as their jobs are being taken by AI. “AI systems are deemed technically safe by many users … but they are nevertheless causing impacts like increased unemployment and poverty,” says the paper, creating a “fierce public debate about the future of education and work”.

In another case mentioned in the document, dubbed as the ‘Wild West,’ the illicit use of AI to commit fraud and scams leads to social instability as a result of numerous victims of organized crime, widespread trade secret theft by enterprises, and an increase in the amount of AI-generated content that clogs the internet.

“This could lead to ‘personalised’ disinformation, where bespoke messages are targeted at individuals rather than larger groups and are therefore more persuasive,” said the discussion document, cautioning of the potential decrease in public trust when it comes to factual information and in civic processes like elections.

“Frontier AI can be misused to deliberately spread false information to create disruption, persuade people on political issues, or cause other forms of harm or damage,” it says. In regards to the documents, Mr. Sunak added that among the aforementioned risks outlined in the document was also a risk of AI being used by terrorist groups, "to spread fear and disruption on an even greater scale."

He notes that reducing the danger of AI causing the extinction of humans should be a "global priority".

However, he stated: "This is not a risk that people need to be losing sleep over right now and I don't want to be alarmist." He said that, on the whole, he was "optimistic" about AI's capacity to improve people's lives.

The disruption AI is already causing in the workplace is a threat that many will be far more familiar with.

Mr. Sunak emphasized how effectively AI technologies do administrative duties that are typically performed by an employee manually, such as drafting contracts and assisting in decision-making.

He added that technology has always changed how people generate money and that education is the best way to prepare individuals for the shifting market. For example, automation has already altered the nature of employment in factories and warehouses, but it has not completely eliminated human involvement.

The prime minister encouraged people to see artificial intelligence as a "co-pilot" in the day-to-day operations of the workplace, saying it was oversimplified to suggest the technology will "take people's jobs".  

What are the Legal Implications and Risks of Generative AI?


In the ever-evolving AI landscape, dealing with the changing regulations and securing data privacy has become a new challenge. With more efficient human capabilities, AI must not replace humans, especially in a world where its standards are still developing globally. 

There are certain risks that the unchecked generative AI possesses with the overabundant information it may hold. Companies run the risk of disclosing their valuable assets when they feed private, sensitive data into open AI models. Some businesses choose to localize AI models on their systems and train them using their confidential data in order to reduce this danger. However, for best outcomes, such a strategy necessitates a well-organized data architecture.

Risks of Unchecked Generative AI

The appealing elements of generative AI and Large Language Models (LLMs) are their capabilities to compile information to produce fresh ideas, but these skills also carry inherent risks. If not carefully handled, gen AI can unintentionally result in issues like: 

Personal Data Security 

AI systems must handle personal data with the utmost care, especially sensitive or special category personal data. Concerns about unintentional data leaks that could lead to data privacy violations are raised by the growing integration of marketing and consumer data into LLMs.

Contractual Violations 

It is occasionally illegal to use consumer data in AI systems, which has negative legal repercussions. As companies adopt AI, they must carefully negotiate this treacherous terrain to ensure they uphold contractual commitments.

Customer Transparency and Disclosure 

The goals of current and potential future AI regulations focus on a transparent and lucid disclosure of AI technology. For instance, the business must disclose whether a person or an AI is handling a customer's engagement with a chatbot on a support website. Maintaining trust and upholding ethical standards depend on adherence to such restrictions.

Legal Challenges and Risks for Businesses 

Recent legal actions against eminent AI companies highlight the significance of handling data responsibly. The importance of strict data governance and transparency is highlighted by these lawsuits, which include class action cases involving copyright infringement, consumer protection, and data protection issues. They also suggest possible conditions for exposing the origins of AI training data.

Since their use of copyrighted data to build and train their models, AI giants have been the main targets of various lawsuits. Allegations of copyright infringement, consumer protection violations, and data protection legislation violations are made in recent class action lawsuits filed in the Northern District of California, including one filed on behalf of authors and another on behalf of victim users. These submissions emphasize the value of treating data responsibly and could indicate that in the future it will be necessary to identify the sources of training data.

Moreover, businesses possess serious risks when they significantly rely on AI models, not just AI developers like OpenAI. The case of how many of the apps implement improper AI model training may taint entire products. The parent business Everalbum was forced to destroy improperly gathered data and AI models after the Federal Trade Commission (FTC) accused Everalbum of misleading consumers about the use of face recognition technology and data retention. This forced Everalbum to cease in 2020.

How to Mitigate AI Risks? 

Despite the legal challenges, CEOs are under pressure to adopt generative AI if they wish to increase their business’ productivity. Businesses can create best practices and get ready for new requirements by using the frameworks and legislation currently in place. AI systems are covered by provisions in existing data protection regulations, such as those requiring transparency, notice, and the protection of individual privacy rights. Some of these best practices involve:

  • Transparency and Documentation: Businesses are recommended to clearly mention the AI usage, and document AI logic, applications and potential impacts on the data subjects. Also, businesses must keep a record of data transactions and detailed logs of confidential information in order to maintain proper governance and data security.
  • Localizing AI Models: By ensuring that models are trained on pertinent, organization-specific information, internal localization and training with private data can lower data security risks and boost efficiency.
  • Discovering and Connecting: Companies must utilize generative AI to unveil new perspectives and create unexpected connections across different departments and information silos.
  • Preserving Human Element: Gen AI should improve human performance rather than completely replace it. To reduce model biases and data inaccuracies, human monitoring, critical decision review, and content verification of AI-created information are essential.