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Analysis

The article highlights the iterative nature of LLM application development and the need for a structured process to rapidly test and evaluate different combinations of LLM models, prompt templates, and architectures. It emphasizes the importance of quick iteration for achieving performance goals (accuracy, hallucinations, latency, cost). The author is developing an open-source framework to facilitate this process.
Reference

The biggest mistake I see is a lack of standard process that allows them to rapidly iterate towards their performance goal.