May 6, 2024, 4:47 a.m. | Guillem Ram\'irez, Alexandra Birch, Ivan Titov

cs.CL updates on arXiv.org arxiv.org

arXiv:2405.02134v1 Announce Type: new
Abstract: Researchers and practitioners operating on a limited budget face the cost-performance trade-off dilemma. The challenging decision often centers on whether to use a large LLM with better performance or a smaller one with reduced costs. This has motivated recent research in the optimisation of LLM calls. Either a cascading strategy is used, where a smaller LLM or both are called sequentially, or a routing strategy is used, where only one model is ever called. Both …

abstract arxiv budget cost costs cs.cl decision face language language models large language large language models llm optimisation performance research researchers trade trade-off type uncertainty

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