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A colleague wants binary quantization instead - also 96...
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See plansThe primary trap in this comparison is focusing solely on the code space, as both methods can be configured to use 96 bytes for a 768-dimensional vector. The critical distinction lies in how the quantization cells are defined relative to the data distribution.
Binary quantization is static; it defines its cells as the orthants of the space before observing any data, which may lead to poor representation if the data is not aligned with those axes. In contrast, Product Quantization (PQ) is adaptive, as it fits 96 separate k-means problems to the actual density of your corpus. This allows PQ to capture the underlying structure of the data more effectively than a fixed binary approach.