Should Your Business Use a Generalist or Specialized AI Model?
Briefly

Larger AI models tend to yield improved results in many general tasks, particularly when implemented in health insurance settings. However, this assumption about model size does not necessarily apply when AI technologies are adapted for specific professional domains. Specialized fields may require tailored approaches rather than simply scaling existing AI models. Success in these areas often depends on understanding the complexities inherent to each field and applying contextual knowledge to the AI solutions deployed.
The prevailing wisdom in artificial intelligence suggests that bigger models yield better results. However, this assumption breaks down when AI moves from general tasks to specialized professional domains.
During our work for health insurance companies, we found that larger models do indeed provide improved results, but this advantage diminishes in specialized fields.
In healthcare's utilization-management processes, the model's size and complexity may not directly translate to effective solutions, highlighting the importance of tailored approaches.
My work with startups and mentoring healthcare data science leaders shows that a nuanced understanding of both technology and domain-specific needs is crucial for success.
Read at Harvard Business Review
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