LLM observability focuses on maximizing the utility of larger language models (LLMs) by monitoring key metrics and signals. Alex Williams, Founder and Publisher for The New Stack, and Janikiram MSV, Principal of Janikiram & Associates and an analyst and writer for The New Stack, an analyst and writer for The New Stack, discusses the emergence of the LLM stack, which encompasses various components like LLMs, vector databases, embedding models, retrieval systems, read anchor models, and more. The objective of LLM observability is to ensure that users can extract desired outcomes effectively from this complex ecosystem.