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In this video, we break down the critical choice between Retrieval-Augmented Generation (RAG) and Fine-Tuning when adapting LLaMA 2 models for real-world applications. Learn how RAG leverages external knowledge for grounded, factual responses, while Fine-Tuning reshapes the model's internal behavior for consistency and style. Key takeaways: 1. RAG: Uses external sources for up-to-date, verifiable facts. 2. Fine-Tuning: Modifies the model’s behavior for specific skills and tone. 3. Hybrid Approach: Combining both for complex use cases. 4. Cost & Maintenance: How each approach compares in terms of longterm expenses and upkeep. This video will help you choose the right AI strategy to save time, cost, and GPU resources! Chapters in this video: 00:00 - Intro: The Critical LLM Decision 00:24 - The Two Paths: RAG vs Fine-Tuning 00:53 - RAG Explained: External Knowledge Library 02:00 - Phase 1 of RAG: Indexing & Chunking 02:45 - Phase 2 of RAG: Retrieval & Grounded Generation 03:52 - When to Use RAG: Verifiable, Changing Knowledge 04:24 - Fine-Tuning Explained: Teaching a New Skill 05:10 - Data Quality & Cost in Fine-Tuning 05:52 - Risks of Fine-Tuning: Catastrophic Forgetting 06:40 - Best Use Cases for Fine-Tuning 07:00 - Cost & Maintenance Comparison 07:56 - The Most Common Mistake with LLMs 08:44 - Hybrid Strategy: Combining RAG with Fine-Tuning 09:15 - Final Takeaway: Match Solution to the Problem _______________________________________________________________ Start your journey from beginner to expert in one of the best Data Science institute in India. Also you can learn Data Analytics, Data Engineering, Business Analytics & Cloud Data Engineering from the IBM, IIT experts and Industry leaders. 𝐌𝐨𝐬𝐭 𝐏𝐨𝐩𝐮𝐥𝐚𝐫 𝐂𝐨𝐮𝐫𝐬𝐞: 🚀 Nasscom Certified Data Science with Machine Learning, AI and DL Course https://ivyproschool.com/courses/data... 🚀 Data Analytics with Gen AI Course https://ivyproschool.com/courses/data... 🚀 Cloud Data Engineering Certification Course https://ivyproschool.com/courses/data... 🚀 Data Analytics Certification Course https://ivyproschool.com/courses/data... 🚀 Generative AI Course https://ivyproschool.com/courses/iit-... Find more at ivyproschool.com _______________________________________________________________ ⏳ Why should you learn Data Science today? • Future Of Analytics & Data Science | Learn... 🔖 Are you a Fresher? Watch this video to know the Data Science Journey for Freshers: • Data Science Journey for Freshers | Data S... Interested in a Data Science or Data Engineering career? Check out the Ivy Pro School’s top ranked Nasscom, Govt. of India and IBM accredited Data Science and Data Engineering courses: https://ivyproschool.com/ ✅Learn from Ivy Pro School’s Data Science and Data Engineering Students’ Success Stories : • Student Success Story Liked the video? Check out below more playlists on Data Science and Data Engineering learning tutorial, alumni interview experiences, live data science case studies, etc: For more updates follow us on: 👉🏻 Instagram: / ivyproschool 👉🏻 LinkedIn: / ivy-professional-school 👉🏻 Facebook: / ivyproschool 👉🏻 Twitter: / ivyproschool 👉🏻 Telegram Community: https://t.me/learndswithexperts Want to pursue a Data Science Course with Ivy Professional School? Visit us at https://ivyproschool.com You can call us at +91 7676882222 or mail to info@ivyproschool.com.