Deep Dive: Meta's Llama 3

Dear Artisan,

We’ve had a day to digest Meta’s latest AI announcements, listen to a new Zuck podcast (and his fake AI facial hair), and we are live with our first look on Llama 3.

Let’s dive in.

Hot Off The Press

The One Big Thing

Looks like Meta is serious about this AI thing.

Llama 3’s initial results look quite impressive. While we know that the model is not as large as competitors from Anthropic and OpenAI, it has been able to overcome this with large amounts of data and aggressive fine-tuning of the model.

10 million human-annotated examples are expensive. This is thousands of humans spending hundreds of hours fine-tuning datasets to prepare them and optimize the model as well as possible.

These are the things only a company like Meta can do due to the sheer capital requirements. Which has led many people to ask - why would you spend billions of dollars to create this sort of powerful model and open source it?

Aren’t you killing your entire moat? Maybe not.

Now, to the results themselves.

As we showed yesterday, Llama 3 is already the best-performing open-source model on the market right now. Now, it looks like it’s on par with GPT-4 Turbo.

The coolest part of all this is running the model on the fastest custom hardware out there, Groq.

This thing is fast.

Auto-generate web forms from a document

Tools

Must have tools for every artisan to add to their toolkit:

  • Direqt: A chatbot platform for publishers reader engagement through personalized conversations on websites.

  • Jamie: A tool to automate meeting note-taking by providing summaries, transcripts, and action items from audio recordings.

  • Docus: A chat assistant for personalized health consultations and second opinions.

  • UI Bakery: A tool to create web applications from text prompts using low-code development.

  • DocsHound: A tool to automate documentation creation and maintenance.

Closing Thought

Zuck with beard is a scary speciment

Color me worried

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