Are open-source LLMs taking over- The competition is heating up

The Evolution of Open-source LLMs and What it Means to Us

By DrSalonen | August 17, 2024

According to a recent Verge article, Meta has released the biggest and best open-source AI model yet. Meta claims that the new release of Llama 3.1outperforms GPT-4o and Anthropic’s Claude 3.5 Sonnet on several benchmarks. Furthermore, Meta’s CEO, Mark Zuckerberg, predicts that Meta AI will be the most widely used assistant by the end of…

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Are GenAI developers running out of data to train LLM models

Are GenAI developers running out of data to train LLM models?

By DrSalonen | August 15, 2024

I came across the New York Times article “The Data That Powers AI is Disappearing Fast” (sorry, but behind a paywall), and I wanted to share some of the perspectives that I have seen and learned from both the article and my work on AI. According to the Data Providence Initiative, content made available to…

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Traditional SaaS pricing models will not work with GenAI Solutions

Traditional SaaS Software Pricing and Packaging Models will not work with GenAI solutions

By DrSalonen | August 7, 2024

I mentioned in my past newsletter that software vendors (ISVs) or any organization building IP will have to learn how to price GenAI solutions. Current research shows that 3 of 4 SaaS companies have launched or are developing a GenAI offering. However, these organizations are not necessarily defining their monetization strategy. This is the first…

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What in the world - Is EU killing AI business

Is the EU killing efforts around AI due to different regulations?

By DrSalonen | August 5, 2024

According to an Axios article, Meta won’t offer future multimodal AI models in the EU. This is Meta’s response to EU regulators and “highlights “a growing willingness among U.S. tech giants to withhold products from European customers. According to the article, Meta will be releasing a multimodal Llama model over the coming months, but not…

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Is your organization equipped to understand generative AI

Is your organization equipped to understand generative AI?

By DrSalonen | August 1, 2024

It is obvious that organizational leadership is under increased pressure to understand and figure out how to deploy AI technology in their firms. When I opened my email this morning, I saw the headline “When implementing AI, first train your managers” from Joe McKendrick in ZDNet. The article explains that one can’t just “drop” artificial…

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AI and Your Business Model - have you reviewed yours

AI and your business model – have you reviewed yours? We have.

By DrSalonen | July 20, 2024

A year and a half ago, I realized that I would really have to dig deep into the topic and see how AI would impact my own boutique management consulting and advisory firm, TELLUS International, Inc. I decided to review each one of our workshop offerings to ensure that they were up-to-date with the latest, including the addition…

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Chief AI Officer Overlooking the Organization

The rise of a new title – Chief AI Officer

By DrSalonen | July 15, 2024

AI is shaking organizations at their core. Traditional businesses are seeing a threat from new players entering the scene with new business models, and these traditional businesses do not know how to react to it. There is nothing new that businesses are being disrupted, but what is new is that the pace of disruption is…

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The Power of Writing IT Down by Allison Fallon

The healing power of writing – reflections on being an author

By DrSalonen | July 7, 2024

Not all the books I read and want to review are about AI, Microsoft 365 Copilot, or business models. I also like books that help me evolve as a person and steer me in the direction I should take with my life and career. I mentioned way back that immigration to the United States came…

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Give-and-Take-by-Adam-Grant

Are you a Giver or a Taker in life?

By DrSalonen | July 5, 2024

We all run into situations in our lives where we meet people with different motivations and behaviors. For generations, we have focused on the individual drivers of success: passion, hard work, talent, and luck. But today, success is increasingly dependent on how we interact with others. It turns out that at work, most people operate…

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Software Development Driven by AI

By DrSalonen | June 25, 2024

Per Werngren, Scott Whitright from Idenxt, Hammad Mujtaba from Jumppl, and Dr. Salonen from TELLUS International had a chance to discuss how AI will impact software development and what it entails for software engineers, both experienced and newly graduated. You should check out the discussion; there are lots of insights into where we think the…

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