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Rising Tide Rents and Robber Baron Rents

O'Reilly Media

The answer can be found in the theory of economic rents, and in particular, in the kinds of rents that are collected by companies during different stages of the technology business cycle. Once the patents expire, there is competition from so-called “generic drugs,” and the price comes down. For example, consider drug pricing.

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6 Characteristics of Companies That are Successfully Building AI

ODSC - Open Data Science

With considerations that include user experience, business impact, technical design, and risk management, it’s easy to get lost in the many priorities of building AI. And without adopting the right mindset and approach to responsible AI design, your organization risks a number of unintended consequences.

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Fine-tune Llama 2 for text generation on Amazon SageMaker JumpStart

AWS Machine Learning Blog

The Llama 2 family of large language models (LLMs) is a collection of pre-trained and fine-tuned generative text models ranging in scale from 7 billion to 70 billion parameters. Generative AI foundation models have been the focus of most of the ML and artificial intelligence research and use cases for over a year now.

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How you (yes, you!) can actually use AI to make your work better

Flipboard

An image autogenerated by Midjourney , a text-to-image tool, when given the prompt “people performing office tasks with AI, collage art.” | Midjourney How Ethan and Lilach Mollick learned to stop worrying and start automating their jobs. He covers topics such as effective altruism, philanthropy, global health, and social justice.” (So

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Definite Guide to Building a Machine Learning Platform

The MLOps Blog

Moving across the typical machine learning lifecycle can be a nightmare. From gathering and processing data to building models through experiments, deploying the best ones, and managing them at scale for continuous value in production—it’s a lot. How to understand your users (data scientists, ML engineers, etc.).