E126 | The impact of RAG and LLMs on data processing and decision-making

In this episode of AI For Pharma Growth, Dr. Andree Bates is joined by Vinoth Nageshwaran, a leading data engineer currently working at Business Insider. Vinoth discusses the challenges of large language models (LLMs) like ChatGPT, which often hallucinate or generate inaccurate information due to their lack of true understanding and ability to verify facts.   Vinoth explains how the use of retrieval-augmented generation (RAG) can help improve the accuracy and relevance of LLM outputs. RAG models first retrieve relevant information from a database, then use that information to generate a more informed and contextually appropriate response. They also discuss the ethical considerations that must be addressed, such as ensuring transparency, mitigating bias, and protecting user privacy. In this episode you will learn: Why large language models (LLMs) like ChatGPT often hallucinate and generate inaccurate information How the use of retrieval-augmented generation (RAG) can improve the accuracy and relevance of LLM outputs How integrating RAG transformers and other AI-powered tools into data processing workflows can automate tedious tasks and identify hidden insights How RAG models address ethical considerations around transparency, bias, and privacy Click to connect with Dr. Andree Bates for more information in this episode: https://eularis.com/ To connect with Vinoth visit this link: https://www.linkedin.com/in/vinoth-nageshwaran-a33521126/ AI For Pharma Growth is the podcast from pioneering Pharma Artificial Intelligence entrepreneur Dr. Andree Bates created to help organisations understand how the use of AI based technologies can easily save them time and grow their brands and business.  This show blends deep experience in the sector with demystifying AI for all pharma people, from start up biotech right through to Big Pharma. In this podcast Dr Andree will teach you the tried and true secrets to building a pharma company using AI that anyone can use, at any budget. As the author of many peer-reviewed journals and having addressed over 500 industry conferences across the globe, Dr Andree Bates uses  her obsession with all things AI and futuretech to help you to navigate through the, sometimes confusing but, magical world of AI powered tools to grow pharma businesses.  This podcast features many experts who have developed powerful AI powered tools that are the secret behind some time saving and supercharged revenue generating business results. Those who share their stories and expertise show how AI can be applied to sales, marketing, production, social media, psychology, customer insights and so much more. Resources:  Dr. Andree Bates LinkedIn | Facebook | Twitter

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