Why Run LLM's /SLM's locally

#ai #machinelearning #llm #rag

Privacy and Data Control
User data and chat interactions remain on the local machine
Prompts don't leave the localhost, ensuring privacy
Cost-Effectiveness
No monthly subscriptions or per-request payments
Helps save money compared to cloud-based services
Customization and Flexibility
Advanced configurations for CPU threads, temperature, context length, and GPU settings
Similar to OpenAI's playground in terms of customization options
Offline Capabilities
Load and interact with LLMs without internet connectivity
Avoids poor signal and connection issues associated with cloud services
Support and Security
Comparable support and security to closed LLMs
Popular Local LLM Tools
LM Studio
Jan
llamafile
GPT4ALL
Ollama
LLaMa.cpp
n8n
These tools enable users to harness the power of LLMs while maintaining control over their data and reducing costs.