More and more I start to realize that cost saving is a small problem for local LLMs. If it is too slow, it becomes unusable, so much that you might as well use public LLM endpoints. Unless you really care about getting things done locally without sending information to another server.
With OpenAI API/ChatGPT, I get response much faster than I can read, and for simple question, it means I just need a glimpse of the response, copy & paste and get things done. Whereas on local LLM, I watch it painstakingly prints preambles that I don't care about, and get what I actually need after 20 seconds (on a fast GPU).
And I am not yet talking about context window etc.
I have been researching about how people integrate local LLMs in their workflows. My finding is that most people play with it for a short time and that's about it, and most people are much better off spending money on OpenAI credits (which can last a very long time with typical usage) than getting a beefed up Mac Studio or building a machine with 4090.