Page 40 - Banking Finance July 2024

ARTICLE

FROM CONCEPT TO

REALITY: LARGE

ACTION MODELS

(LAMS) AND THE

EVOLUTION OF AI

Introduction milestone in the evolution of AI. LLMs, such as OpenAI's GPT
series, have revolutionized natural language processing by
In the rapidly evolving landscape of artificial intelligence (AI),
a transformative paradigm shift is underway with the demonstrating remarkable proficiency in generating
coherent text based on input prompts. However, LLMs
emergence of Large Action Models (LAMs). These cutting-
operate primarily in a passive capacity, responding to queries
edge AI systems represent a monumental leap forward from
their predecessors, Large Language Models (LLMs), by and generating text without the ability to take independent
actions.
imbuing AI with the capability not only to understand
language but also to execute complex tasks autonomously.
This article explores the evolution of LAMs, delves into their In contrast, LAMs build upon the foundation of LLMs and
multifaceted capabilities, and envisions their profound extend their capabilities to encompass autonomous task
impact on individual empowerment and organizational execution. This paradigm shift is fuelled by advancements
transformation. in AI research, including developments in reinforcement
learning, neuro-symbolic programming, and multimodal
learning. By integrating these techniques, LAMs transcend
Evolution of AI: From LLMs to LAMs the limitations of conventional AI models, enabling them to
The journey from LLMs to LAMs represents a significant interact with the world in a dynamic and proactive manner.

About the author The Architecture of LAMs: A Holistic

Nirooj Fidin Approach to AI
Research Officer, Senior manager (IT) At the core of LAMs lies a sophisticated architecture that
Union Learning Academy, integrates linguistic understanding, task execution, and real-
Digital Transformation time decision-making. Unlike traditional AI models that
Union Bank of India, Mumbai

36 | 2024 | JULY | BANKING FINANCE