Van Luijt: RAG carries less hallucination risk than model fine-tuning
Bob van Luijt · Vector databases and the $8 trillion open source market | Bob van Luijt, CEO of Weaviate · Feb 15, 2024 · at 3:09
Bob van Luijt is the CEO and co-founder of Weaviate, an AI vector database company. He compares vector database retrieval (RAG) to LLM fine-tuning for custom enterprise data.
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“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.”
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More from Bob van Luijt
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.”
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.”
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.”
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?”