10min chapter

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Building LLM Products Panel // LLMs in Production Conference Part II

MLOps.community

CHAPTER

The Economic Components of Using APIs and Inference Calls

This chapter explores the economic aspect of using APIs and inference calls in building ML products, discussing the cost implications and the importance of prompt engineering. It also highlights the benefits of smaller models in reducing costs, and the advantage that larger incumbents have in terms of private data and capital.

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