chapter two
2 How to do model adaptation
This chapter covers
- How each adaptation technique trades off cost, capability, and engineering effort, with the kind of practical depth a team uses to pick
- Hybrid stacks and how to layer them
- Buy versus build: when a managed API is the right answer, and when self-hosting is
- Infrastructure options, tools, and frameworks, and how to choose a base model
- A small fine-tuning quickstart that previews the recipe chapter 5 explains in depth
- Security implications and the operational discipline a deployed model needs
A regional investment bank wanted to build a system that could read quarterly earnings transcripts and surface insights for portfolio managers. The team had solid PyTorch chops, access to a cluster of A100 GPUs, and a clear deadline: have something ready before Q1 reporting season. They chose full fine-tuning on an 8B-parameter model, trained on three years of historical earnings transcripts. Eight weeks and $55K in compute later, the system confidently summarized calls but could not answer the one question that mattered: what was said on yesterday’s call.