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Businesses are learning they need to review their own security, privacy, cost, and capability needs to determine the most suitable way to adopt generative AI. With the growing availability of mature and capable open-source LLMs, there are several implementation approaches to choose from. In short, it’s not a matter of whether to bring generative AI into the enterprise but rather how to do it.

This Harvard Business Review Analytic Services Report report explores the transformative potential of generative AI, as well as the risks, limitations, and costs of using third-party LLM services, and describes alternative ways to create a responsible, reliable generative AI-powered solution, as well as the challenges and benefits of doing so.

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