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What Are Small Language Models (SLMs) of 2024?

An Overview for General Awareness

In the fast-evolving world of Artificial Intelligence (AI), Small Language Models (SLMs) are gaining popularity in 2024 as compact, efficient, and accessible alternatives to large AI models like GPT-4 or Claude 3.

What Are Small Language Models?
Small Language Models (SLMs) are AI models trained on limited datasets and built with fewer parameters (often in millions to a few billion), compared to large models like GPT-4 which use hundreds of billions.

They are designed to:

  • Run on low-resource hardware (even smartphones or laptops)
  • Provide fast, private, and cost-effective solutions
  • Be easily customizable for specific tasks like grammar correction, customer support, translation, etc.

How Are SLMs Different from Large Language Models (LLMs)?

Feature Small Language Models (SLMs) Large Language Models (LLMs)
Parameters <10 billion 100+ billion
Hardware Requirements Low (can run on devices) High-performance GPUs needed
Use Cases Lightweight tasks, offline AI Advanced generation, reasoning
Speed Fast on edge devices Slower without big servers
Privacy More private (on-device) Often cloud-based
Cost Lower Higher

Popular Small Language Models in 2024

  1. Mistral 7B Open-weight model, known for fast inference and competitive performance.
  2. Gemma by Google Open source family of lightweight models.
  3. LLaMA 3 (7B) Meta’s efficient model suited for developers and small scale tasks.
  4. Phi-2 by Microsoft Small and powerful model for reasoning and conversation.
  5. OpenHermes & TinyLLaMA Community-tuned models for specialized tasks.

Where Are SLMs Being Used in 2024?

  • Mobile apps (keyboard suggestions, offline voice assistants)
  • Customer service chatbots
  • Healthtech and edtech for real-time guidance
  • Robotics and IoT devices
  • Local AI tools for privacy-first users

Why Are SLMs Important?

  • Democratize AI access (especially in rural or low-connectivity regions)
  • Reduce costs for startups and schools
  • Support low-power and offline operations
  • Better data privacy with on-device usage

Are SLMs Safe?
SLMs are safer in terms of privacy (as they can run offline), but because of their smaller training data and limited capabilities, they may:

  • Give less accurate results
  • Be easier to manipulate if not well-tuned

Hence, ongoing tuning and ethical supervision are essential.

Conclusion
In 2024, Small Language Models are shaping a more accessible and decentralized AI future. With growing support from tech giants and open-source communities, SLMs are making AI smarter, faster, and more useful even without giant servers or massive computing power.

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