Assertion Partly supported AI assessment confidence: 85% certainty 4/5 debate potential 1/5

Van Luijt: OpenAI recommended Weaviate when deprecating its search endpoint

Bob van Luijt · Vector databases and the $8 trillion open source market | Bob van Luijt, CEO of Weaviate · Feb 15, 2024 · at 31:31

Bob van Luijt is the CEO and co-founder of vector database company Weaviate. He discusses early growth catalysts for the platform prior to the release of ChatGPT.

0:00 / 0:21exact quote · 21.8s
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“OpenAI had a they had a search endpoint that they deprecated. This is pre-ChatGBT, so, but they, so they deprecated that search endpoint, And say, well, you know, you just can buy our embeddings. There are three ways that you can index them and search for them. They said, one is Face from Facebook. The other one is Weaviate.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

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Insight
Van Luijt: RAG carries less hallucination risk than model fine-tuning
“That is something that is, works better than fine-tuning, for example, because if you fine-tune, then you're still dealing with potential hallucination Fair enough, with RAC that's possible too, but it's like, it's less it's less risky.”
Bob van Luijt Feb 15, 2024 ▶ 3:09 Vector databases and the $8 trillion open source market | Bob van Luijt, CEO of Weaviate
Opinion
Van Luijt: MongoDB is late to the vector database market
“It's great that they've seen the light too. It's a bit late though, but it's like a, you know, good for them.”
Bob van Luijt Feb 15, 2024 ▶ 22:56 Vector databases and the $8 trillion open source market | Bob van Luijt, CEO of Weaviate
Assertion Partly supported
Van Luijt: Harvard study values open-source software at $8 trillion
“They estimated that the value of open source to companies right now is eight trillion dollars, right? And if companies would have to rebuild it themselves, that would three and a half times be that number.”
Bob van Luijt Feb 15, 2024 ▶ 29:05 Vector databases and the $8 trillion open source market | Bob van Luijt, CEO of Weaviate
Assertion Not checkable as stated
Van Luijt: RAG was the first unique vector database use case
“And reg was the first unique use case, if you will, that emerged around the ecosystem of vector databases.”
Bob van Luijt Feb 15, 2024 ▶ 2:05 Vector databases and the $8 trillion open source market | Bob van Luijt, CEO of Weaviate
Insight
Van Luijt: Current industry RAG implementations are primitive
“The way we, and I, with we, I mean like everybody in this room working on this stuff, are doing RAC right now, is actually pretty primitive, right?”
Bob van Luijt Feb 15, 2024 ▶ 3:27 Vector databases and the $8 trillion open source market | Bob van Luijt, CEO of Weaviate
Insight
Van Luijt: Pure vector search alone is often not enough
“Vector search alone is often not enough, right?”
Bob van Luijt Feb 15, 2024 ▶ 10:09 Vector databases and the $8 trillion open source market | Bob van Luijt, CEO of Weaviate
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