Framework to Choose the Right LLM for Your Business

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Large Language Models (LLMs) have overtaken the world over the last few years. In the future, LLMs will solve more and more use cases in every industry, domain, and business. It's time to level up or be left behind.

With rapid advancements in AI, we are at a phase where a new LLM is released almost every week. Amidst this plethora of options available, it's crucial to understand the similarities and differences between the various LLMs. How accurate are these LLMs for your business? How much computational resources are required to run these LLMs? How fast do these LLMs run? How expensive are these LLMs to deploy in production? Are open-source LLMs better than closed-source ones? Researching, understanding, and comparing these LLMs in a structured way can help you choose the right one for your business.

Key Takeaways:

  • Comparing LLMs: Understand how to compare LLMs based on accuracy, resources, speed, cost, and flexibility.
  • Matching LLMs to Business Problems: Learn how to structure your business problems to match against LLM capabilities.
  • Open-Source vs. Closed-Source LLMs: Gain insights into the differences between open-source and closed-source LLMs.
  • Pros and Cons of Popular LLMs: Explore the advantages and disadvantages of some of the most popular LLMs.
  • Choosing the Right LLM: Realize that the 'best' LLM may differ from the 'right' LLM for your business.

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