LLM Economics - A Guide to Generative AI Implementation Cost

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.