Robin Li Yanhong, the founder and CEO of Baidu, the largest search engine in China, stated that the nation has too many giant language fashions and too few sensible applications. Yanhong made this announcement throughout a latest panel dialogue on the World Synthetic Intelligence Convention (WAIC) held in Shanghai, as lined by the South China Morning Post.
“In 2023, intense competitors amongst over 100 LLMs has emerged in China, leading to a important waste of assets, significantly computing energy,” stated Li. “I’ve seen that many individuals nonetheless primarily concentrate on foundational fashions. However I would like to ask: How about real-world applications? Who has benefitted from them?”
The World Mental Property Group (WIPO) reported final Friday that China has outpaced the U.S. in AI patents six-to-one up to now ten years. Nevertheless, WIPO information additionally confirmed that the nation is falling behind in phrases of citations, with the China Academy of Sciences the one one from China within the checklist of high 20 organizations with essentially the most analysis citations.
Publicly obtainable LLMs in China want to undergo regulatory approval in China, to make sure that the Chinese language Communist Get together (CCP) can successfully management the Chinese language individuals. Over 200 AI companies have utilized for a license as of March 2024, with 117 getting a nod from Beijing. Having this many LLMs implies that they’re all preventing for a slice of the pie, and never everybody will win. Yan Junjjie, CEO of AI startup MiniMax, stated that he “expects main business consolidation sooner or later, with LLMs being primarily developed by simply 5 corporations.”
Many giant companies have began to rush in to capture the market that OpenAI will leave when its API is now not accessible in China, from July 9. The most important tech corporations — Tencent, Baidu, and Alibaba — have began providing reductions and plans to entice clients to take their merchandise, one thing that smaller corporations may not find a way to maintain.
Whereas competitors is good for any market, too many choices may additionally lead to determination fatigue for clients, who’re merely overwhelmed by the quantity of providers priced at related ranges. Larger corporations would probably be the winner right here, as they’ve bigger battle chests that they’ll use to both purchase smaller rivals or run them into the bottom. As Bernard Leong, CEO of Singapore-based Dorje AI stated, “There’s in all probability going to be a massacre of the massive language fashions and I think that there is in all probability going to be only a few gamers left.”