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Enterprise LLMs: RAG vs Fine‑Tuning, IDP & Governance In this episode of the Mostly Unstructured podcast, Ed and Clay discuss whether it’s better to train a domain‑specific LLM or leverage foundational models like ChatGPT, Gemini and Claude. They explain the trade‑offs between fine‑tuning and retrieval‑augmented generation (RAG), and why Intelligent Document Processing (IDP) is vital for turning unstructured data into usable context. In this discussion, we cover: Why training your own LLM is risky and often unnecessary compared to adopting and building from a foundational model. How retrieval‑augmented generation (RAG) delivers more accurate results than simple fine‑tuning. The importance of Intelligent Document Processing (IDP) for ingesting unstructured data and building domain context. Real‑world lessons on AI governance, including the Air Canada bereavement‑policy chatbot case. Managing bias, hallucinations and toxicity in enterprise models. Measuring your return on AI investment. For those thrown by the excessive acronyms, let's define: LLM = Large Language Model RAG = Retrieval‑Augmented Generation IDP = Intelligent Document Processing. For more insights on enterprise AI for data intelligence, visit our website and subscribe to the channel. Read our blog on training an LLM referenced in the episode and please drop some comments or questions for our team below! Website: https://www.keymarkinc.com/ Blog: https://www.keymarkinc.com/how-to-tra... #AI #EnterpriseAI #LLM #RAG #IDP #GenerativeAI Timestamps: 00:00 – Intro 03:35 – Starting With a Foundation Large Language Model (ChatGPT, Claude, Gemini) 05:20 – Garbage In, Garbage Out, Feed Your AI The Right Data 07:10 – What Chatbot Failures Teach About AI Governance 11:05 – Retrieval-Augmented Generation and Fine-Tuning 14:35 – Why Intelligent Document Processing Matters for Enterprise AI 18:30 – Complete Content Accuracy Drives Better Business Results 22:23 – Wrap-up