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Re:GPT-4o by minimaxir on Monday May 13, 2024 @02:32PM (#40346627)
It's twice as fast/cheap relative to GPT-4-turbo, which is still expensive compared to GPT-3.5-turbo and Claude Haiku.

https://openai.com/api/pricing/

Re:GPT-4o by c0t300 on Monday May 13, 2024 @02:51PM (#40346834)
but better afaik
Re:GPT-4o by minimaxir on Monday May 13, 2024 @03:20PM (#40347197)
But may not be better enough to warrant the cost difference. LLM cost econonmics are complicated.
Re:GPT-4o by BeetleB on Monday May 13, 2024 @07:18PM (#40349717)
For commercial use at scale, of course cost matters.

For the average Joe programmer like me, GPT4 is already "dirt cheap". My typical monthly bill is $0-3 using it as much as I like.

The one time it was high was when I had it take 90+ hours of Youtube video transcripts, and had it summarize each video according to the format I wanted. It produced about 250 pages of output.

That month I paid $12-13. Well worth it, given the quality of the output. And now it'll be less than $7.

For the average Joe, it's not expensive. Fast food is.