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The Unreliability of LLMs and What Lies Ahead

a year ago
  • #AI
  • #LLMs
  • #Startups
  • Large Language Models (LLMs) are fundamentally unreliable, which limits their real-world utility.
  • LLM reliability issues persist even in well-defined tasks and worsen with multi-step actions or autonomy.
  • Hallucination rates in LLMs are around 50% for top models, making them unsuitable for high-stakes applications.
  • Code generation is a mature LLM use case, but achieving 99% correctness remains challenging.
  • LLMs are highly input-sensitive, with minor prompt changes leading to vastly different outputs.
  • Alignment issues in LLMs highlight their opacity and potential risks in agentic applications.
  • Short-to-medium-term improvements in LLM reliability are unlikely due to compounding error rates.
  • Developers can work around LLM variance by focusing on autonomy or human-in-the-loop strategies.
  • Autonomy strategies aim for determinism or 'accurate enough' outputs without user verification.
  • Human-in-the-loop approaches involve end-user verification or provider-level quality control.
  • Successful AI products must anticipate LLM failures and design systems that work despite them.
  • Verissimo Ventures invests in enterprise software, focusing on AI and tech startups.