AI Jargon Decoded: An Economist’s ROI‑Focused Comparison of LLMs, Prompt‑Engineering, Hallucinations, and More
If you’re weighing AI investments, the return on investment of large language models, prompt engineering, hallucinations, fine-tuning, embeddings, inference pricing, and explainability hinges on a clear cost-benefit lens that balances upfront spend against long-term gains. This guide translates technical jargon into concrete economic terms, using historical market data, risk-reward