Having done a lot of Bank/Gov related work... I can tell you this
> Almost everyone is willing to trust 3rd parties with data, including enterprise and government customers.
Is absolutely not true. In it's most basic sense - sure... some data is trusted to some 3rd parties. Usually it's not the data that would be most useful for these models to work with.
We're already getting tons of "don't put our code into chatGPT/Copilot" warnings across tech companies - I can't imagine not getting fired if I throw private financial docs for my company in there, or ask it for summaries of our high level product strategy documents.
Yes, just like you might get fired for transacting sensitive company business on a personal gmail account, even if that company uses enterprise gmail.
Saying that cloud models will win over local models is not the same as saying it will be a free-for-all where workers can just use whatever cloud offering they want. It will take time to enterprisify cloud LLM offerings to satisfy business/government data security needs, but I'm sure it will happen.
> Almost everyone is willing to trust 3rd parties with data, including enterprise and government customers.
Is absolutely not true. In it's most basic sense - sure... some data is trusted to some 3rd parties. Usually it's not the data that would be most useful for these models to work with.
We're already getting tons of "don't put our code into chatGPT/Copilot" warnings across tech companies - I can't imagine not getting fired if I throw private financial docs for my company in there, or ask it for summaries of our high level product strategy documents.