Submitted by minimaxir t3_11fbccz in MachineLearning
Purplekeyboard t1_jajcnb5 wrote
Reply to comment by JackBlemming in [D] OpenAI introduces ChatGPT and Whisper APIs (ChatGPT API is 1/10th the cost of GPT-3 API) by minimaxir
> This is not good for the community.
When GPT-3 first came out and prices were posted, everyone complained about how expensive it was, and that it was prohibitively expensive for a lot of uses. Now it's too cheap? What is the acceptable price range?
JackBlemming t1_jajg4dz wrote
It's not about the price, it's about the strategy. Google maps API was dirt cheap so nobody competed, then they cranked up prices 1400% once they had years of advantage and market lock in. That's not ok.
If OpenAI keeps prices stable, nobody will complain, but this is likely a market capturing play. They even said they were losing money on every request, but maybe that's not true anymore.
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