Are LLMs a Commodity?

It has been just over a year since ChatGPT burst onto the scene and made Gen-AI the centerpiece of every enterprise conversation. Since then, many large language models have emerged…Gemini, Llama, Mistral, Claude, Phi-3…and a new one appears to get launched every month. What is stunning is how quickly these followers have caught up. In most tests, they are barely distinguishable in accuracy, responsiveness and cost. And all the hype about billions of parameters notwithstanding, for most enterprise applications, small language models perform as well or better. The speed with which LLMs became commoditized should give enterprises pause in thinking about Gen-AI.