Generative AI will favor scale as larger training datasets produce better models
Richard Rumelt · Good Strategy, Bad Strategy | Richard Rumelt · Jan 21, 2024 · at 38:11
Richard Rumelt, strategy author and professor, discusses how network effects and scale advantages manifest in emerging technologies like generative artificial intelligence.
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“And when the new generative AI, we have the possibility of stronger effects than we've ever seen before. But we don't know yet. But the suspicion is that size is going to matter. That the size of the data that you could put into the learning algorithm is going to make your AI better. And so again, big is going to matter.”
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