Part 4/9:
Open models excel in a variety of applications such as:
Data analysis: Extracting insights from documents or datasets.
Content generation: Creating text, summaries, or responses, particularly in environments where privacy matters.
Automation: Building workflows that leverage AI locally without relying on cloud services.
The primary advantages include:
Data privacy: All processing occurs on local hardware, ensuring sensitive information remains private.
Offline usability: No internet connection is necessary, which is invaluable in remote or secured environments.
Cost savings: Eliminates recurring API costs, potentially saving money over time.
Vendor independence: No vendor lock-in or sudden API changes that can disrupt workflows.