What does $2 for 1 million tokens get you
OpenAI upended the NLP market with their new API and pricing. So what exactly do 1 million tokens get you?
I still can't get my head around $2 at a million tokens. How is Open AI doing it? At least this will show in the next 3-4 months if any useful "businesses" can come out of this generative AI. I have already created some demos and opened for free(because I can wait till million tokens are generated :))
That said, lets see what a generation of a million tokens means. You can generate:
Around 100,000 lines of code(assuming 10 tokens per line). So what applications are getting generated?
Around 1500 buzzfeed articles. And for $20, you can create 15,000 buzzfeed articles. So what websites are you creating?
Around 100 novels. What books are you writing :)
16,000 tweets
20,000 ad copies
10,000 email sales pitches
Around 1000 essays
5000 chatbot conversations
10,000 knowledge base answers
150 movie screenplays
So what are you generating :)
My experience has been that though the numbers sound impressive, its very hard to make the AI generate everything on its own. Most of the content generated is bland and repetitive. So the people who will succeed will be the ones who will incorporate generative AI in their pipeline instead of making the API do all the work.