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…
But you are totally correct about the pricing part it can get expensive
I’m running this photo service https://msdosimagetools.ngrok.dev/
Its doing 200+ photos every day and I’m using open source models behind the scene on replicate. My costs increasing day by day
Plus this is hosted locally