The article provides a comprehensive guide to choosing the right Generative AI approach for your business needs. It compares four popular methods: Prompt Engineering, Retrieval Augmented Generation (RAG), Fine-tuning, and Training your own Foundation Model from scratch. The comparison is based on metrics such as accuracy, implementation complexity, effort, total cost of ownership, and ease of updates and changes. The article concludes that the best approach depends on the specific requirements and constraints of your organization.
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