Senior Vice President AI Products | AI Hackathon winner🏆 New York | IIM Ahmedabad | IIT Roorkee
Meta has released Llama 3 (backed by a $10 billion investment) and is available to public for FREE 😲 . What could be the business strategy behind it 🤔 ? It could probably: 1. Position Meta as a leader in open source. 2. Create potential hurdles for smaller AI developers. 3. Make it harder for companies like OpenAI to charge a premium. 4. Drive adoption of its platforms by integrating with Instagram, Whatsapp, and Facebook (be ready for lots of Adsssss and suggestionssss….) It’s worth remembering the old wisdom: If the product is free, you might be the product! 🙄 #Meta #Llama3 #AI #OpenSource #BusinessStrategy #TechnologyNews
AI Director | AI, ML, GenAI & Sustainable Technologies | 8 Patents | MBA-IIML
1yAnother (philosophical) angle would be to seek karmic balance!! On one hand, their use of private data has been profitable but controversial. On the other, by open-sourcing advanced AI models, they could be seen as offering a valuable resource to the community, which might serve as a form of atonement - Image Makeover!! 😀