Billions being spent on building frontier models, their returns declining: Nandan Nilekani

Infosys cofounder Nandan Nilekani on Saturday said that people have been trying to build frontier models and spending billions of dollars building the latest models which are more gigantic, with more tokens and more parameters, but clearly that has declining returns.

“They keep doing more of that, but it is not that it is going to get any better. They are all typically kept within the four walls of a company. It is like a black box for the rest of us,” he said, speaking at the People+ai Mela in Bengaluru.

In some sense what has happened in China…