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GPT-4o mini: advancing cost-efficient intelligence

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Re: GPT-4o mini: advancing cost-efficient intelligence

#81
post #20

The big news for me here is the 16k output token limit. The models keep increasing the input limit to outrageous amounts, but output has been stuck at 4k. I did a project to summarize complex PDF invoices (not “unstructured” data, but “idiosyncratically structured” data, as each vendor has a completely different format). GPT-4o did an amazing job at the extraction of line items, but I had to do a heuristic layer on t…

>I had to do a heuristic layer on top to break up the PDFs into small chunks so the output didn’t overflow How do you stitch the outputs of all chunks without losing the overall context?

The output is just individual line items from the invoices, so all you have to do is concatenate the outputs of the chunks. If there was data that crossed a page, it would have been harder!

Re: GPT-4o mini: advancing cost-efficient intelligence

#82
post #54
post #20

The big news for me here is the 16k output token limit. The models keep increasing the input limit to outrageous amounts, but output has been stuck at 4k. I did a project to summarize complex PDF invoices (not “unstructured” data, but “idiosyncratically structured” data, as each vendor has a completely different format). GPT-4o did an amazing job at the extraction of line items, but I had to do a heuristic layer on t…

My excitement is now tempered a bit. I just tried one of the too-big invoices with the new model. After successfully getting a little farther than 4o could do, it just went into an endless loop of repeating the same line item until it ran out of output tokens. So…not really an improvement!

Did you got any different experience later on?

Re: GPT-4o mini: advancing cost-efficient intelligence

#83

Earlier quoted context omitted.

At scale you should realise that this is still A LOT of money and the models are considerably reduced in cost so the margin probably works out even better. OpenAI are successful, it's a fact, which means they know what they're doing business wise. (Not bootlicking, just trying to be logical). Think about it this way: Imagine if every email you sent or every online forum post you commented on provided incentive for th…

I’m not sure what you mean and I don’t see how profitability follows from that? Venture-backed companies can lose money for years. Sometimes it pays off in the end, but making predictions about profitability seems hard inside a bubble. Also, some industries like manufacturing solar panels have high market growth but they’re unprofitable for most manufacturers. So I think it remains to be seen if OpenAI knows what the…

You're right. This is definitely armchair opinions however what I meant was at scale, OpenAI are able to make their model unfathomably cheap as they have the resources to do so.

If they're running at a loss, it's a great way to take shots at the competition and especially with the added advantage of model capability.

Get more customers onboard, play around with margins as required.

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