For about 1000 input tokens (and resulting 1000 output tokens), to my surprise, GPT-3.5 turbo was 100x cheaper than Llama 2.
Llama 7B wasn't up to the task fyi, producing very poor translations.
I believe that OpenAI priced GPT-3.5 aggressively cheap in order to make it a non-brainer to rely on them rather than relying on other vendors (even open source models).
I'm curious to see if others have gotten different results?
Also, it's worth noting that Replicate started out with a focus on image generation, and their current inference stack for LLMs is extremely inefficient. A significant fraction of the 100x cost difference you mentioned can be made up by using an optimized inference server like vLLM. Replicate knows about this and is working hard on improving their stack, it's just really early for all of us. :)
OpenAI aren't doing anything magic. We're optimizing Llama inference at the moment and it looks like we'll be able to roughly match GPT 3.5's price for Llama 2 70B.
Running a fine-tuned GPT-3.5 is surprisingly expensive. That's where using Llama makes a ton of sense. Once we’ve optimized inference, it’ll be much cheaper to run a fine-tuned Llama.