I'm very curious whether a) anecdotally, anyone has encountered a real enterprise cost-cutting effort focused on LLM APIs and b) empirically, whether anyone has done any research on price elasticity in LLMs of different performance scales.
So far, my experience has been that it's just too early for most people / applications to worry about cost - at most, I've seen AI to be accountable for 10% of cloud costs. But very curious if others have other experiences.
In which context? The serious engineering folks are still in exploration phase, costs is mostly not a concern as long as shipping velocity increases. Reselling repackaged tokens is a different beast, no experience here