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…
Cost isn't the only incentive not to use an LLM service that resides in a foreign country. Around here, there are industries for which it's pretty much a no-brainer to avoid anything that sends data across the atlantic.
(Disclaimer: I work in the cloud organization at Microsoft, and these are totally my own thoughts and opinions and don't reflect any kind of inside knowledge I have. I think I can say that provisioning LLM capacity and GPU's is something we basically all have a tremendous amount of passion about.)