# Interview: Confused About AI? A Guide to Which Flavor Will Boost Productivity for Business **Wall Street Journal** March 12, 2024 At [Nomad Data](/content/site-root.html) we help you automate document heavy processes in your business and find the right data to address any business problem. Learn how you can unlock insights by querying thousands of documents and uncover the exact internal or external data you need in minutes. Originally published on [Wall Street Journal](https://www.wsj.com/tech/ai/openai-google-meta-or-anthropic-a-guide-to-the-best-ai-for-your-business-fae402cc) Nomad Data's CEO Brad Schneider spoke with [Christopher Mims](https://www.wsj.com/news/author/christopher-mims) of the Wall Street Journal on applications of the world’s most powerful AIs to real world problems and what we've learned at Nomad Data. Read some snippets below: ## _On how other companies appear to be catching up with the capabilities of OpenAI, but for now their models remain the standard by which all others are judged_ “We are using OpenAI like crazy,” says Brad Schneider, chief executive of Nomad Data, a company that helps large companies use AI. Nomad Data uses OpenAI to digest, summarize and search within huge libraries of documents, such as legal briefs, court cases and insurance claims. The company’s clients also include private-equity firms who might have only a week to digest thousands of documents about a company they’re about to acquire. After trying all of the most-capable large-language models, Schneider’s company found that none are as good as OpenAI for these kinds of document-processing tasks. Previous versions of Anthropic’s Claude and current versions of Google’s Gemini both hallucinated too often, he found. (In AI, ‘hallucination’ is a term for when a chatbot makes up false information.) ## _On the costs associated with using AI models_ “We have cases where one question someone asks can cost $50,” says Schneider. That could happen if, for example, someone asks a specific question about a collection of 5,000 legal documents, because the number of calls to OpenAI’s systems could be in the tens of thousands. ## _On the interplay of Microsoft and OpenAI_ When OpenAI adds a new feature, there is a meaningful delay before it becomes available in Microsoft’s version of those models, says Schneider. Microsoft’s version of GPT 4 also seems to be capacity constrained in a way that OpenAI’s is not, leading to stricter limits on how many tokens a minute businesses can buy from it, he adds.