A trained AI system that can make predictions or generate outputs. Models encode learned patterns from training data in their parameters.
In AI, a model is a mathematical system that has learned to perform tasks by identifying patterns in training data. The model's "knowledge" is encoded in its parameters - numerical values that were adjusted during training.
Types of AI models:
Key model properties:
Model selection factors:
Choosing the right model balances capability, cost, speed, and deployment requirements. No single model is best for all use cases.
We help Australian businesses select appropriate models for each task. Often, a combination of models - larger for complex tasks, smaller for simple ones - provides the best results and cost efficiency.
"Selecting GPT-4 for complex analysis requiring high accuracy vs GPT-3.5 for high-volume simple tasks where speed and cost matter more."