Submitted by minimaxir t3_11fbccz in MachineLearning
JackBlemming t1_jajg4dz wrote
Reply to comment by Purplekeyboard in [D] OpenAI introduces ChatGPT and Whisper APIs (ChatGPT API is 1/10th the cost of GPT-3 API) by minimaxir
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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