For translation jobs, I've experimented with Llama 2 70B (running on Replicate) v/s GPT-3.5; For about 1000 input tokens (and resulting 1000 output tokens), to my surprise, GPT-3.5 turbo was 100x cheaper than Llama 2. Llama 7B wasn't up to the task fyi, producing very poor translations. I believe that OpenAI priced GPT-3.5 aggressively cheap in order to make it a non-brainer to rely on them rather than relying on oth…
I thought Llama was opensource/free and you could run it yourself?
So the comparison would be the cost of renting a cloud GPU to run Llama vs querying ChatGPT.