LLM Economics – A Guide to Generative AI Implementation Cost

A report like this could serve as a vital tool in this process, helping stakeholders to assess the potential costs and benefits associated with different implementation strategies, whether it be through API or open-source pathways.
As we find ourselves amidst the 'ChatGPT moment', LLMs stand at the fulcrum of a transformative wave, prompting industry leaders to regard this development as a powerful tool to 'reduce costs and increase profits'. But, the market doesn’t seem to be unfolding as per the hype. A comprehensive understanding of the infrastructure necessary to maximize the potential of this new domain—including insights into the cost-benefit ratio, pertinent use cases, and the motivations driving organizations to adopt such tools—remains elusive. On top of that, Gartner’s recent research also forecasts a significant slowdown in enterprise deployments in the general AI space. As highlighted in the study, it is projected that over the next two years, the overwhelming costs will exceed the value that w
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