OpenAI Fine-Tuning Update, Acceleration Debate, and Bundling AI Services

Nathan and Erik chat OpenAI GPT-3.5 fine tuning updates, using GPT 4 outputs to fine-tune 3.5, when to accelerate, and AI bundles. If you're looking for an ERP platform, check out our sponsor, NetSuite: http://netsuite.com/cognitive We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com . SPONSORS: Shopify | NetSuite | Omneky Shopify is the global commerce platform that helps you sell at every stage of your business. Shopify powers 10% of ALL eCommerce in the US. And Shopify's the global force behind Allbirds, Rothy's, and Brooklinen, and 1,000,000s of other entrepreneurs across 175 countries.From their all-in-one e-commerce platform, to their in-person POS system – wherever and whatever you're selling, Shopify's got you covered. With free Shopify Magic, sell more with less effort by whipping up captivating content that converts – from blog posts to product descriptions using AI. Sign up for $1/month trial period: https://shopify.com/cognitive NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you're looking for an ERP platform ✅ head to NetSuite: http://netsuite.com/cognitive and download your own customized KPI checklist. Omneky is an omnichannel creative generation platform that lets you launch hundreds of thousands of ad iterations that actually work customized across all platforms, with a click of a button. Omneky combines generative AI and real-time advertising data. Mention "Cog Rev" for 10% off. TIMESTAMPS: (00:00) - Intro and GPT-3.5 fine tuning update (05:50) - Using GPT-4 to generate training data for GPT-3.5 (09:54) - Potential for training models on synthetic/cleaned data (10:24) - Using chain of thought prompts to improve model performance (15:02) - Sponsors: Netsuite | Omneky (19:39) - Accelerating applications vs new AI models (20:40) - What to accelerate vs what to slow down (26:07) - AI as a co-pilot vs fully automating tasks (30:12) - When to delegate to AI (36:40)- Displacement of human roles by AI systems (40:39) - Does training on synthetic data solve a problem? (45:10) - The idea of an AI bundle/subscription (50:28) - Bundling in other industries like cable and SaaS (54:27) - Churn and retention challenges for AI apps (01:02:54) - Low retention for easy-to-use AI apps (01:03:57) - Incentives for AI companies to join a bundle (01:04:39) - Potential for collaboration between AI companies (01:12:01) - Leading AI firms creating separate bundles (01:16:43) - Outro