There's a real danger that people will just run LLMs on their local GPUs. It's not a guarantee that an online service is a profitable idea.
The best I can run is either LLaMa 65B at 1 token per second (too slow) on my CPU or LLaMa 30B on my GPU at quite a fast ~30 tokens a second.
Nowhere near the usefulness of GPT-4.
I assume there will be advances that basically make the context window practically infinite. That ought to make the lower parameter count models much more powerful on its own. I also assume they will become more efficient to run through sparsity/pruning, though I'm a total novice on this topic.
I wonder how many generations of hardware are we talking? One? Two? Or three? It feels like it's potentially within that range.
Emphasis on running, not training.