Aidan Gomez, CEO of Cohere, discusses foundation model economics and how training costs decrease dramatically shortly after frontier labs release new capabilities.
“What we've seen is today you can build a model that's as good as GPT-IV in all the things that enterprises might care about. For ten million dollars, twenty million dollars, like just orders of magnitude less than what was spent to develop that model. And so if you're willing to wait six months or a year to build the technology, you can build it at a fraction of what those frontier labs paid to develop it.”
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More from Aidan Gomez
Opinion
Humanity Will Achieve Broadly Capable AGI but Will Not Build God
“We will build AGI if what you mean is very useful, generally capable technology that can do a lot of the stuff that humans can do and flex into a lot of different domains. If what you mean is, you know, are we gonna build God? No.”
Aidan GomezNov 21, 2024▶ 38:15No Priors Ep. 91 | With Cohere Co-Founder and CEO Aidan Gomez
Opinion
Falling AI API Prices Stem From Price Dumping, Not Commoditization
“I don't think that models are actually getting commoditized. I think what you see is you see price dumping. And so you see people giving it out for free, giving it out at a loss, giving out at zero margin. And so they see the prices coming down and they assume…”
Aidan GomezNov 21, 2024▶ 42:32No Priors Ep. 91 | With Cohere Co-Founder and CEO Aidan Gomez
Disclosure
Cohere Will Not Build a Direct ChatGPT Competitor
“We're not going to build a ChatGPT competitor. What we want to build is a platform and a series of products to enable enterprises to adopt this technology and make it valuable.”
Aidan GomezNov 21, 2024▶ 4:28No Priors Ep. 91 | With Cohere Co-Founder and CEO Aidan Gomez
Opinion
Current LLM Tech Alone Requires Five Years of Economic Integration Work
“Even if we didn't train a single new language model, like, okay, all the data centers blow up. We can't improve the LLM. We only have what we have today. There's a half decade of work to go integrate this into the economy, to build all these things, to build t…”
Aidan GomezNov 21, 2024▶ 17:01No Priors Ep. 91 | With Cohere Co-Founder and CEO Aidan Gomez
Disclosure
Cohere Strategically Lags Frontier Labs by Six Months to Avoid $7B Burn
“So that's the strategy is don't lead. Don't burn, you know, three, five, seven billion dollars a year to be at the front, be six months behind. And offer something to market to enterprises that actually fits their needs at a price point that makes sense for th…”
Aidan GomezNov 21, 2024▶ 23:58No Priors Ep. 91 | With Cohere Co-Founder and CEO Aidan Gomez
Insight
AI Scaling Curves Are Flattening and Casual Vibe Checks Are Failing
“We're starting to enter into a sort of flat part of the curve and we're certainly past the point where if you just interact with a model, You can know how smart it is. Like the vibe checks, they're losing utility.”
Aidan GomezNov 21, 2024▶ 25:23No Priors Ep. 91 | With Cohere Co-Founder and CEO Aidan Gomez
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