You should start a company and try your strategy. I hope it works! (Though I am doubtful.)
In any case, models are useful, even when they don't hit these efficiency targets you are projecting. Just like cars are useful, even when they are bigger than a pack of cards.
If someone wants to fund me, Ill gladly work on this. There is no money in this though, because selling cloud service is much more profitable.
Its also not a matter of it working or not. It already works. Take a small model that fits on a GPU with a large context window, like Gemma 27b or smaller ones, give it a whole bunch of context on the topic, and ask it questions and it will generate very accurate results based on the context.
So instead of encoding everything into the model itself, you can just take training data, store it in vector DBs, and train a model to retrieve that data based on query, and then the rest of it is just training context extraction.
> There is no money in this though, because selling cloud service is much more profitable.
Oh, be more creative. One simple way to make money off your idea is:
(1) Get a hedge fund to finance your R&D.
(2) Hedge fund shorts AI cloud providers and other relevant companies.
(3) Your R&D pans out and the AI cloud providers' stock tanks.
(4) The hedge fund makes a profit.
Though I don't understand: wouldn't your idea work work when served from the cloud, too? If what you are saying is true, you'd provide a better service at lower cost?
From a functional pespective, it would provide somewhat identical performance to existing systems with a lower cost due to less dependence on compute and more dependence on storage. It would also allow more on-prem solutions.
However the issue with "funding" isn't as simple as that statement above. Remember, modern funding is not about value its about hype. There is a reason why CEOs like Jenson say that if they could go back in time, they would never start their companies knowing the bullshit they have to walk through.
Ive also had my fair share of experiences in trying to get startups off the ground - for example, back around 2018, I was working on a system that would take your existing AWS cloud setup, and move it all to EC2s with self hosted services, which saved people money in the long run. I had proof of concept working and everything. The issue that I ran into when trying to get funding to build this out into a full blown product/service that I didn't realize is that being on AWS services for companies was equivalent to a person wearing an expensive business suit to a sales meeting - it was fact that they would advertise because it was seen as industry standard and created "warm feelings" with their customers. So at most, I would get some small time customers, while getting paid much less.
Now I just work on stuff (and yes, I am working on the issue at hand with existing models), and publish it to github (not gonna share it cause don't want my HN account associated with it). If someone contacts me with a dollar figure Im all game.
In any case, models are useful, even when they don't hit these efficiency targets you are projecting. Just like cars are useful, even when they are bigger than a pack of cards.