As of September 2022, using OpenAI’s GPT-3 will be 2 - 3 times cheaper!
Arguably the best natural language processing model becomes more affordable.
I just got this e-mail from OpenAI, bringing great news:
We are excited to share that we are reducing the price per token for our standard GPT-3 models and Embedding models.
OpenAI has just announced that it will lower the cost of its GPT-3 engines. In particular, Davinci, which is the “smartest” of the various GPT-3 models, will be 3 times cheaper than it is today (August 22, 2022). When using Davinci you will spend only 2 cents every 1,000 tokens -tokens map to small groups of letters, such that in average 1,000 tokens match around 750 words in English (info here).
For other models the drop in cost is also between 2 and 3 fold, as the e-mail details:
In their email, the OpenAI team explains that they “have been looking forward to this change for a long time”. Apaprently, or at least as they say, they have made substantial progress in making the models more efficient to run, which has reduced the costs. I guess it might also be that they don’t have enough clients or that there’s too much competition. On closing, the email invites more developers to experiment and build on top of GPT-3.
But what can this GPT-3 thing do?
GPT-3 is a last-generation language processing transformer network. It reads in some text and then outputs some new text that can consist in an answer to a question, a summary or an expansion of the input text, etc. etc.
Being myself amazed at how well GPT-3 works, especially after fine-tuning or few-shot learning, I urge you to go check it out. You can do this even without any knowledge about programming by using their Playground.
If you do want to start using GPT-3 in your programs, I let you here two tutorials on how to do it online in client-side web apps:
You can even build a fully speech-driven chatbot that is quite smart!
If you want to see more of GPT-3’s power in action, check out these articles where I tested it on natural sciences:
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