Summary

  • As transformer architecture becomes the backbone of the artificial intelligence (AI) industry, it is important to understand how it works and its benefits for scalable solution growth, according to Terrence Alsup, a senior data scientist at Finastra.
  • Originally created in 2017, transformers were designed to sequence data and are ideal for language translation, sentence completion and automatic speech recognition, among other uses.
  • The core component of transformer models is the attention layer, which allows the model to understand and learn the relationships between words and data sequences.
  • For the future, state-space models such as Mamba are anticipated to rise as they can handle very long data sequences whereas transformers are limited by the context window.
  • Furthermore, multimodal models are expected to be a focus for innovation, such as OpenAI’s GPT-4, which can handle text, audio and images, and offers a means to make AI more accessible.

By Terrence Alsup, Finastra

Original Article