Intelligent CIO LATAM Issue 48 | Page 28

EDITOR’ S QUESTION

WHAT WILL BE THE LASTING VALUE OF LLMS BEYOND THE AI HYPE CYCLE?

Babis Marmanis, Executive Vice President and Chief Technology Officer, Copyright Clearance Center, says LLMs are not the way to“ general artificial intelligence” but instead are powerful foundations for computer interfaces based on natural language.
BABIS MARMANIS, EXECUTIVE VICE PRESIDENT AND
CHIEF TECHNOLOGY OFFICER, COPYRIGHT CLEARANCE CENTER

An essential characteristic of wisdom is the alignment between three worlds: the world that we think that exists, the world that really exists and the world that we would like to exist. The greater the alignment the more likely it is that we will make good decisions.

It’ s been more than two years since the introduction of ChatGPT and the unprecedented mix of confusion, inflated expectations, and exaggerated valuations associated with the“ AI” hype cycle.
It’ s been more than two years since the introduction of ChatGPT and the unprecedented mix of confusion, inflated expectations, and exaggerated valuations associated with the“ AI” hype cycle. As with most innovations, that hype cycle now begins to subside. However, large consulting companies and a variety of software vendors, who aim at maximizing the value that they can receive from all the commotion, have no interest in letting it subside. They work to keep the hype going rather than helping the industry align on the world that really exists and ground itself as to what is possible. We have perhaps lived through a historical case study of the result on markets of extreme hype on a subject most people know so little about.
28 INTELLIGENTCIO LATAM www www. intelligentcio.. com. com