Stanford University - 71.3% of real-world chat and reasoning queries can be taken care of by Local models.
Narrative violation: according to Stanford University research, local models can answer 71.3% of real-world chat and reasoning queries accurately, up from 23.2% in 2023. Obviously at a fraction of the cost and energy consumption of frontier APIs. The obvious conclusion: you don't need a frontier model for most tasks. The future is multi-model: local, open-source, smaller and cheaper for the majority of workloads, frontier APIs when no other choices!