Is Open-Source the Future of AI?

In a world where AI is rapidly evolving, a recent leak of the EU AI Act has brought to light a pivotal development: open-source AI may soon enjoy regulatory benefits.

With the European Union at the forefront of AI regulation, the proposed regulation, once enacted, cannot be understated.

Open-source models are already making waves in the AI market.

Models like Mistral, Mixtral, Falcon, and LLama are not just names in the sea of AI; they're becoming benchmarks for what open-source AI can achieve.

The prowess of these models is evident in their performance, with Mixtral and Mistral securing top 10 positions in the competitive Chatbot arena.

In a significant move, Meta, a major player in the open-source AI space, has announced plans to launch Llama 3, an open-source AGI model, later this year.

Open-source AI promises more than just transparency; it's about leveling the playing field. It offers a more equitable opportunity for innovation and development in the AI sector, opening doors for diverse inputs and democratizing access to cutting-edge technology.

As we observe these significant strides in the realm of open-source AI, spearheaded by influential entities and bolstered by impending regulatory changes, it prompts a critical reflection on the trajectory of AI development.