Schroddy

The hidden costs of AI

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Abstract

Large Language Models have led the charge in the generative AI landscape, particularly following the introduction of tools such as ChatGPT or Perplexity. Despite this progress, their full capabilities remain untapped, primarily due to cost-related challenges. This talk will delve into the often-overlooked financial aspects of incorporating AI into organizational structures, and the potential of open source models to achieve transparency and awareness. Although AI technologies are touted for their potential to boost efficiency and productivity, the expenses tied to their implementation can be significant and complex.