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OpenAI's Foundry leaked pricing says a lot

cognitiverevolution.substack.com

121–130 of 214 posts

Re: OpenAI's Foundry leaked pricing says a lot

#121
post #7

The Foundry pricing, $78,000 for a few months minimum, is absolutely the opposite of Open. It could completely kill my small startup if the API goes from less than a penny per request to requiring a huge up-front investment. It means that anyone bootstrapping is now locked out.

This answers the question I’ve had. How do they make money? It was naive to think we could have all this innovation for a penny. Someone has to pay those bills. How does Bing plan to monetize searches that go through their even more advanced ChatGPT? Humans will be repulsed by ads in the middle of their answer from a sentient feeling AI. Numbers I’ve seen is that ChatGPT searches will cost 10x a Google search. How do…

It's doesn't cost a penny. The costs add up really fast. Even really light usage you can easily start spending $20/day

Some basic math for a chatbot use case:

4000 tokens x 250 messages = $20

Re: OpenAI's Foundry leaked pricing says a lot

#122

Earlier quoted context omitted.

Dystopia? I think of it as a great comedy! We could be only months away from the first-ever hire where both the applicant and the company have automated the entire process and may not even realize there's been an accepted offer.

That's a good point. I could pay OpenAI for a corporate account and then get it to apply for a hundred remote jobs. Then plug it into slack etc and let it work those jobs while I collect the money.

Pretty sure that would fit the legal definition of fraud.

Re: OpenAI's Foundry leaked pricing says a lot

#123
post #104

Earlier quoted context omitted.

Why would you start a company that is entirely dependent on a third party’s closed product, over which you have zero control? This just feels immensely risky.

Realistically, if you start a business, there are tons of such dependencies. If that's too scary for you, you're probably too risk adverse to be an entrepreneur.

Shocking that you are able to even get investors with such a crude view on how business works. Starting an ancillary business related to one product that is not even your own IP or core competency is just lightweight consultancy, not a start up.

Re: OpenAI's Foundry leaked pricing says a lot

#125

Earlier quoted context omitted.

That's a good point. I could pay OpenAI for a corporate account and then get it to apply for a hundred remote jobs. Then plug it into slack etc and let it work those jobs while I collect the money.

Pretty sure that would fit the legal definition of fraud.

The work is getting done isn't it?

Re: OpenAI's Foundry leaked pricing says a lot

#126
post #7

The Foundry pricing, $78,000 for a few months minimum, is absolutely the opposite of Open. It could completely kill my small startup if the API goes from less than a penny per request to requiring a huge up-front investment. It means that anyone bootstrapping is now locked out.

This answers the question I’ve had. How do they make money? It was naive to think we could have all this innovation for a penny. Someone has to pay those bills. How does Bing plan to monetize searches that go through their even more advanced ChatGPT? Humans will be repulsed by ads in the middle of their answer from a sentient feeling AI. Numbers I’ve seen is that ChatGPT searches will cost 10x a Google search. How do…

Bing chat already does advertisements LOL

Re: OpenAI's Foundry leaked pricing says a lot

#128
post #91

Earlier quoted context omitted.

A lot of multiple choice tests are only there to provide some minimum bar of plausible deniability for the examiner. The multiple choice section of a driving test (at least in the two U.S. states I've taken them) is a great example. The questions are almost entirely of the form: Which of these activities is legally permitted while operating an automobile? A. Wearing your seatbelt. B. Being intoxicated. C. Driving 120…

Some questions will be gimmies like that but others will be “which is the default speed for a residential street: 15, 25, 35, 45”

When I took the CA written exam, the only questions I missed were one or two about the specific penalties for certain infractions. Which I’m pretty sure is not something I need to know. Someone will undoubtedly tell me at my sentencing.

Re: OpenAI's Foundry leaked pricing says a lot

#129
post #64
post #25

Earlier quoted context omitted.

According to this survey: https://it.slashdot.org/story/23/02/27/009234/survey-claims-... "Earlier this month, job advice platform Resumebuilder.com surveyed 1,000 business leaders who either use or plan to use ChatGPT. It found that nearly half of their companies have implemented the chatbot. And roughly half of this cohort say ChatGPT has already replaced workers at their companies...." There are anecdotes elsewher…

Yeah, I'm going to need some names here for companies, because there is no way 50% of the Fortune 500 have done _anything_ productive with ChatGPT in less than a month.

The GP didn't claim that, they claimed that 50% of companies that already are in the ecosystem have implemented something, and 25% of companies already in the ecosystem have used it to replace employees.

I have my doubts about that claim, but it's still a very different claim to 50% of companies.

Re: OpenAI's Foundry leaked pricing says a lot

#130
post #9

With reports[1] (maybe exaggerated, maybe apocryphal) of companies replacing FTEs with chatGPT, even at these high prices, it may make sense in some use cases, no, tho presumably this kills the playpen use cases. [1] https://it.slashdot.org/story/23/02/27/009234/survey-claims-...

Give it a year or two. Did you read the article? Bain and all the other consulting companies are gearing up to "transform business architectures" with this prize pony. This is the going to be even bigger than outsourcing/offshoring was in the 1990s and early 2000s.
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