A comparison of self-hosted LLMs and OpenAI: cost, text generation quality, development speed, and privacy. — During the LLM hype, you can find a lot of articles like “Fine-tune your Private LLaMA/Falcon/Another Popular LLM”, “Train Your Own Private ChatGPT”, “How to Create a Local LLM” and others. At the same time, only few people tell why you need it. I mean, are you really sure you…