To Make, or to Buy: The Economics of Decision Models (pncnmnp.github.io) 1 points by pncnmnp 10d ago ↗ HN
[–] skyberrys 7d ago ↗ Come for the fascinating quote from Adam Smith and stay to read a while about decisions and their cost, plus their costs cost. [–] Teynah 7d ago ↗ And then you have to figure out whether the time spent optimizing the cost of decisions is worth the cost
[–] Teynah 7d ago ↗ And then you have to figure out whether the time spent optimizing the cost of decisions is worth the cost
[–] joshstrange 7d ago ↗ > It is the maxim of every prudent master of a family, never to attempt to make at home what it will cost him more to make than to buy.Ha! I had this exact quote on a slide I presented last week on this very subject (internally at my company).I enjoyed finding a number of older references that I could apply to LLMs and this was one of the best ones.
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[ 0.32 ms ] story [ 7.9 ms ] threadHa! I had this exact quote on a slide I presented last week on this very subject (internally at my company).
I enjoyed finding a number of older references that I could apply to LLMs and this was one of the best ones.