this post was submitted on 30 Nov 2023
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LocalLLaMA

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Community to discuss about Llama, the family of large language models created by Meta AI.

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Do you think there's a market for local LLMs? (alien.top)
submitted 11 months ago by CrimsonPilgrim@alien.top to c/localllama@poweruser.forum
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I'm a data scientist working in consulting (EU) and I would like to push my company to delve more into open-source LLMs over closed ones (OpenAI...).

I'm constantly amazed by the progress shown by open-sourced LLMs in this sub. The increasing efficiency of models coupled with the expanding open-source LLM ecosystem make these models more and more competitive.

I keep thinking that there's a market for custom LLMs, notably for private-sensitive companies like banks and insurances.

Any insights?

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[–] Crypt0Nihilist@alien.top 1 points 11 months ago

Yes, there are a few reasons. Companies might want them offline, fine-tuned to their industry/company and lower operating cost are the ones that come to mind.