They have also added a new, even higher performance model which can leverage test time compute to scale performance if you want to pay for that GPU time. This is no different than AWS offering some larger ec2 instance tier with more resources and a higher price tag than existing tiers.
https://www.nytimes.com/2024/09/27/technology/openai-chatgpt...
Roughly 10 million ChatGPT users pay the company a $20 monthly fee, according to the documents. OpenAI expects to raise that price by $2 by the end of the year, and will aggressively raise it to $44 over the next five years, the documents said.
We'll have to see if the first bump to $22 this year ends up happening.
I can't read the article. Any mention of the API pricing?
I'm hard pressed to identify any users to whom LLMs are providing enough value to justify $20/month, but not $44.
On the other hand, I can see a lot of people to whom it's not providing any value being unable to afford a higher price.
Guess we'll see which category most OpenAI users are in.
Models are becoming a commodity. It's game theory. Every second place company (eg. Meta) or nation (eg. China) is open sourcing its models to destroy value that might accrete to the competition. China alone has contributed a ton of SOTA and novel foundation models (eg. Hunyuan).