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Introducing ChatGPT and Whisper APIs

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Re: Introducing ChatGPT and Whisper APIs

#22

> It is priced at $0.002 per 1k tokens, which is 10x cheaper than our existing GPT-3.5 models. This is a massive, massive deal. For context, the reason GPT-3 apps took off over the past few months before ChatGPT went viral is because a) text-davinci-003 was released and was a significant performance increase and b) the cost was cut from $0.06/1k tokens to $0.02/1k tokens, which made consumer applications feasible wit…

It also seems to jeopardize their own ChatGPT Pro offering. It's a matter of time before someone makes a 1:1 clone for either half the money or a usage-based pricing model.

Given how strict OpenAI has been about what you can do with their API in the past and how hard it was to get some legitimate apps through approval, I would imagine they'd just shut this competitor's API access down.

Re: Introducing ChatGPT and Whisper APIs

#25

> It is priced at $0.002 per 1k tokens, which is 10x cheaper than our existing GPT-3.5 models. This is a massive, massive deal. For context, the reason GPT-3 apps took off over the past few months before ChatGPT went viral is because a) text-davinci-003 was released and was a significant performance increase and b) the cost was cut from $0.06/1k tokens to $0.02/1k tokens, which made consumer applications feasible wit…

ChatGPT runs a highly fine tuned (and pruned) version of `text-davinci-003` so it's probably much much smaller and thus cheaper than 003. Possibly as cheap as 10x less or as much as the `text-davinci-002` or earlier models anyway.

Re: Introducing ChatGPT and Whisper APIs

#26

> It is priced at $0.002 per 1k tokens, which is 10x cheaper than our existing GPT-3.5 models. This is a massive, massive deal. For context, the reason GPT-3 apps took off over the past few months before ChatGPT went viral is because a) text-davinci-003 was released and was a significant performance increase and b) the cost was cut from $0.06/1k tokens to $0.02/1k tokens, which made consumer applications feasible wit…

> I have no idea how OpenAI can make money on this. This has to be a loss-leader to lock out competitors before they even get off the ground. The worst thing that can happen to OpenAI+ChatGPT right now is what happened to DallE 2, a competitor comes up with an alternative (even worse if it's free/open like Stable Diffusion) and completely undercuts them. Especially with Meta's new Llama models outperforming GPT-3, it…

Someone can still undercut them by offering an uncensored version.

Re: Introducing ChatGPT and Whisper APIs

#27

Earlier quoted context omitted.

> I have no idea how OpenAI can make money on this. This has to be a loss-leader to lock out competitors before they even get off the ground. The worst thing that can happen to OpenAI+ChatGPT right now is what happened to DallE 2, a competitor comes up with an alternative (even worse if it's free/open like Stable Diffusion) and completely undercuts them. Especially with Meta's new Llama models outperforming GPT-3, it…

But this is bound to happen at some point I think? ChatGPT is massive success, but that means the competitor will jump in at all cost, and that includes open source effort.

Bound to happen, so establish yourself as deeply as possible as quickly as possible. Once folks are hooked up to these APIs, there's a cost and friction to switching. This just feels like a land grab that OpenAI is trying to take advantage of by moving quickly.

Re: Introducing ChatGPT and Whisper APIs

#28

Earlier quoted context omitted.

It also seems to jeopardize their own ChatGPT Pro offering. It's a matter of time before someone makes a 1:1 clone for either half the money or a usage-based pricing model.

Given how strict OpenAI has been about what you can do with their API in the past and how hard it was to get some legitimate apps through approval, I would imagine they'd just shut this competitor's API access down.

Hopefully there will be a plug-in-your-own-API-key open source thing then. Even better.

Re: Introducing ChatGPT and Whisper APIs

#29

> It is priced at $0.002 per 1k tokens, which is 10x cheaper than our existing GPT-3.5 models. This is a massive, massive deal. For context, the reason GPT-3 apps took off over the past few months before ChatGPT went viral is because a) text-davinci-003 was released and was a significant performance increase and b) the cost was cut from $0.06/1k tokens to $0.02/1k tokens, which made consumer applications feasible wit…

We just implemented text-davinci-003 and seeing a better model at 1/10 the price is almost unbelievable.
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