Large language models like GPT-3 aren’t good enough for pharma and finance

Natural language processing (NLP) is among the most exciting subsets of machine learning. It lets us talk to computers like they’re people and vice versa. Siri, Google Translate, and the helpful chat bot on your bank’s website are all powered by this kind of AI — but not all NLP systems are created equal. In today’s AI landscape, smaller, targeted models trained on essential data are often better for business endeavors. However, there are massive NLP systems capable of incredible feats of communication. Called ‘large language models‘ (LLMs), these are capable of answering plain language queries, and generating novel text.…

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