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Is GPT-4 Worth the Price? See the 8 Lessons I learned while I Spent Over  For A Single Blog Post
Latest   Machine Learning

Is GPT-4 Worth the Price? See the 8 Lessons I learned while I Spent Over $5 For A Single Blog Post

Last Updated on November 1, 2024 by Editorial Team

Author(s): Mukundan Sankar

Originally published on Towards AI.

Why You Don’t Always Need GPT-4: A Guide to Smarter, Cheaper AI Use

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Photo by D koi on Unsplash

AI is incredible, no doubt about it. But let’s talk about something that’s been bugging me: the cost of using GPT-4. It’s undeniably powerful, but the price adds up quickly, especially when you’re running many queries. I recently ran some experiments, and after just 10 queries with GPT-4, I’d spent more than $5 for my new content which I will talk about in my upcoming blog. That might not sound like much, but when you compare it to GPT-3.5 β€” which would have cost a fraction of that β€” it really makes you wonder: is GPT-4 worth the extra cost?

Let’s break down the 8 Lessons I learned including the price difference between GPT-4 and GPT-3.5, and why, for many use cases, GPT-3.5 might actually be the smarter (and cheaper) choice.

There’s no question about it: GPT-4 is a beast. Its ability to understand context, generate more detailed responses, and tackle complex queries is way beyond anything GPT-3.5 can do. I’ve noticed that it’s especially good at handling multi-step prompts, offering in-depth insights, and producing long-form content. But here’s the kicker: it’s expensive.

After running 10 queries… Read the full blog for free on Medium.

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