Explore the world of conversational AI and transformer models in this 36-minute video from Databricks. Delve into the building blocks of conversational agents and natural language understanding engines, focusing on the advantages of transformer models over traditional RNN/LSTM approaches. Learn about knowledge distillation and model compression techniques for deploying parameter-heavy models in resource-limited production environments. Gain insights into the flow of conversational agents, the benefits of transformer-based models, and various model compression techniques including quantization. Discover practical applications with sample code in PyTorch and TensorFlow 2, and understand key concepts such as BERT, masked language models, and next sentence prediction. By the end of this talk, you'll have a comprehensive understanding of how to build and optimize conversational AI systems using cutting-edge transformer models.