Homomorphic encryption got significantly efficient with the first few iterations, but I don't really see the necessary orders of magnitude savings coming soon. You could reduce this by some partial encryption schemes (e.g., for LLMs you need a handful of basic operations) but a better alternative already exists: multi-party computation.
Homomorphic encryption got significantly efficient with the first few iterations, but I don't really see the necessary orders of magnitude savings coming soon. You could reduce this by some partial encryption schemes (e.g., for LLMs you need a handful of basic operations) but a better alternative already exists: multi-party computation.
Source: I did research in this area in the past.