The State of AI 2020

The latest State of AI report from Nathan Benaich and Ian Hogarth has just been released and we’re thrilled that PolyAI has featured - twice!

Kylie Whitehead Senior Director of Marketing, Brand
2 min
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The latest State of AI report from Nathan Benaich and Ian Hogarth has just been released and we’re thrilled that PolyAI has featured - twice!

The report highlights the vast costs of training a model.

“Based on variables released by Google et al., you’re paying circa $1 per 1,000 parameters. This means OpenAI’s 175B parameter GPT-3 could have cost tens of millions to train. Experts suggest the likely budget was $10M.”

The report features PolyAI’s ConveRT model as a prime example of how data-efficient models can outperform large models in specific dialogue use cases, offering an affordable, pre-trained solution to enterprise clients.

Check out what our CTO, Shawn Wen, has to say about PolyAI’s contributions in this video:

You can read more in this ZNet write up of the report .

The report also showcases PolyAI’s voice assistant for restaurant bookings, which launched last year with a large UK restaurant group. The report highlights how our voice assistant can:

  • understand noisy speech from telephone lines and has a success rate of >90% for an average 8-turn conversation.
  • learn from interactions much faster than their predecessors like Siri or Alexa.

Read the State of AI 2020 report in full here , or get in touch with PolyAI today to find out more about our conversational AI solutions.