8min chapter

Practically Intelligent cover image

ChatGPT API, AI Business Models, and RLHF

Practically Intelligent

CHAPTER

Tokens, Cost, and Latency

This chapter explores the concept of tokens in natural language processing (NLP), their impact on cost and latency in AI models, and the considerations in minimizing costs and improving accuracy. It also discusses the implications of licensing terms and the target audience for privatized environments.

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