I was on the CBC panel again this weekend! This week we spoke about the BoC’s decision to keep the monetary policy rate steady, the Mercer report on Millennial renters needing 50% more upon retirement (not a fan of the study) and Amazon’s Bedrock & Titan, although my producer cut me off because we were running out of time. I had a lot more to say about AI!

What I didn’t say on Saturday: I believe we will end up in a three-tiered world: A first world of companies developing these models (having the technological capacities and data availability to properly train them). A second world of companies that can take outputs of these models, or available public models and fine-tune them over either private or public infrastructure (BloomberGPT for example and several research projects I am working on). And a third world of companies that will be technology takers and deploy these technologies either via live services (such as Amazon Bedrock) or via prepackaged assistants (such as LLM-powered Bing or Microsoft’s Copilot).

See the panel below.