Is this free markets in action, subvention by VC money or both?
It's an indication that OpenAI picked the wrong place to monetize. Picks and shovels are rapidly falling to zero margin.
OpenAI API pricing update FAQ
81–90 of 205 posts
Re: OpenAI API pricing update FAQ
#82Earlier quoted context omitted.
Because you can tell GPT3 what the concept is — ie, vaguely what you are going for and it will produce. Waaay more flexible than a template.
Still requires you to have an understanding of the concept, an understanding of how to prompt GPT-3, and how to verify the accuracy/veracity of the claims the AI model makes.
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Re: OpenAI API pricing update FAQ
#83I'm really surprised they don't charge a very high price with a generous free tier, and then have an army of salespeople who will offer you whatever discount is necessary to make your business model work.
If you want to use GPT-3 to build an AI-lawyer, it'll be very expensive... but to build a tool for customer support for walmart will be cheap, etc.
Re: OpenAI API pricing update FAQ
#84Is it just me, or are phrases like "3x cheaper" hard for other people to grok too? For some reason they always require me to pause and try to sort it out. Like, is the price being reduced by 66% or 75% or something else? What would "1x cheaper" mean?
Contrarily I wish people used 'Nx times' more often, especially for 10x in place of 'an order of magnitude'. It's more welcoming and less pretentious.
Re: OpenAI API pricing update FAQ
#85Is it just me, or are phrases like "3x cheaper" hard for other people to grok too? For some reason they always require me to pause and try to sort it out. Like, is the price being reduced by 66% or 75% or something else? What would "1x cheaper" mean?
Consider “cheapness” to be the reciprocal of price; thus, something that costs $30 has a cheapness score of 1/30 antidollars.
For this item to become 3x cheaper would mean for its cheapness score to be multiplied by 3, thus 1/10 antidollars. Thus “3x cheaper” means the same thing as “price multipled by one third”.
Re: OpenAI API pricing update FAQ
#86> We have been looking forward to reducing pricing for a long time. Our teams have made incredible progress in making our models more efficient to run, which has reduced the cost it takes to serve them, and we are now passing these savings along to our customers. Nothing to do with Stable Diffusion then, no?
Could be the GPU price crash as well (even if they use Google's TPUs, TPU demand would presumably go down in a GPU price crash).
Re: OpenAI API pricing update FAQ
#87Earlier quoted context omitted.
It’s incredibly good at generating scholarly text. Put in a title and abstract and it will come up with a strong intro that is clear and compelling. It helps me write academic papers more clearly, as a result. Also, great for early stages of grant writing or proposals. It came up with a fantastic conference proposal for me that I spent 20 minutes editing and then just sent, unedited. It will aid speechwriters or help…
I also asked it to help me write a letter to my homesick daughter at summer camp. It was really helpful. I feel that GPT3 has an enviable degree of emotional intelligence, nuance and conceptual understanding. Writing and communicating effectively with people is very hard. Our own emotions get in the way. Now we have technology that can help people be better communicators with each other. It’s a big deal.
wtf is an empath?
Re: OpenAI API pricing update FAQ
#88I lack imagination. What is GPT-3 (and generative text models in general) useful for, other than toys? It can write essays, can we expect it to replace writers for newspapers and magazines? Can it write coherent technical documentation? Replace speechwriters? Edit: looks like the comment thread below is similar https://news.ycombinator.com/item?id=32554955
It’s been out 2 years already and the non-toy application with the biggest mass appeal is the glorified autocomplete / google shortcut Copilot. Anyone being honest should admit it (was) more hot air and hype than reality.
I think GPT3 is just as amazing as DALLE, but gets less public awareness because the things it creates requires critical reading.
Which makes me think: everyone needs to teach kids to speed read. And develop their bullshit detectors.
Re: OpenAI API pricing update FAQ
#89Is it just me, or are phrases like "3x cheaper" hard for other people to grok too? For some reason they always require me to pause and try to sort it out. Like, is the price being reduced by 66% or 75% or something else? What would "1x cheaper" mean?
It's hard to understand because "cheaper" only makes sense as a relative comparison.
Assuming that if, say, the service was 25% cheaper than the nominal price last month, it is now 0.25 * 3 = 75% cheaper than the nominal price. However, it would make more sense to advertise that as a 75% discount over nominal price, so probably that's NOT what they meant.
That's the only explanation that makes sense arithmetically, I believe. There cannot be another interpretation of "3x cheaper" unless you reinterpret the word "cheaper."
Re: OpenAI API pricing update FAQ
#90Is it just me, or are phrases like "3x cheaper" hard for other people to grok too? For some reason they always require me to pause and try to sort it out. Like, is the price being reduced by 66% or 75% or something else? What would "1x cheaper" mean?
Contrarily I wish people used 'Nx times' more often, especially for 10x in place of 'an order of magnitude'. It's more welcoming and less pretentious.
I'm not sure about using 10x in place of 'an order of magnitude'. An order of magnitude conveys an approximation, whereas 10x is precise.