BLUF
This article argues the high costs of running Large Language Models (LLMs) are pushing organisations to develop more efficient and cost-effective Small Language Models (SLMs).Summary
- LLMs need significant computing power, driving up costs.
- SLMs might be a cheaper option for certain tasks.
- SLMs use less energy and suit niche tasks, ideal for small organisations.
- Big tech companies are looking into smaller, efficient AI models.
