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ChatGPT Cost: The Real Price of Using the AI-Language Model

ChatGPT is a powerful language model, but have you considered the actual cost associated with using it? With our comprehensive article, you will learn the true cost of utilizing the most popular technology ChatGPT, as well as how OpenAI aims to monetize it in the future and make an informed decision about using it.
Mohammed Wasim Akram
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Last Updated: January 19, 2023
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If you are concerned about the cost of utilizing cutting-edge technologies like ChatGPT, which is a software program by OpenAI, that understands and responds to human language, much like a super-smart robot, then keep reading as you're in the right place.

It immediately became a sensation due to its capabilities and has drawn a lot of attention, but running such a massive model comes with a cost for the company.

Therefore, in this post, we will discuss the expenses of using ChatGPT and how OpenAI plans to monetize and sustain the platform in the future.

I'll try to explain everything important, so you can make a well-informed decision about whether or not to leverage this most powerful AI language model for text generation.

Also, if you're interested in learning more about this technology then consider checking our other article where we have covered some unusual frequently asked questions and the answers about ChatGPT.

Is ChatGPT free to use?

Yes, during the initial research preview, the basic version of ChatGPT is now available for free. It is important to keep in mind, however, that it does incur a cost for OpenAI to continue running it.

Each ChatGPT answer generally requires considerable computational power, incurring a cost to the organization. It is expected that OpenAI spends a large amount of money on operating costs in order to make ChatGPT available for free use.

Shortly, they will launch a premium subscription with additional features or heavier usage which we will discuss in detail later in this article.

Is ChatGPT available for commercial use?

It is currently unclear whether ChatGPT is accessible for commercial purposes. OpenAI, the company behind this technology, has made no official statement regarding whether or not it can be leveraged for commercial purposes.

However, many businesses and individuals have utilized the API of other language models like GPT-3 by OpenAI for commercial purposes, such as developing software products and selling them as subscriptions and Jasper AI is a big example of this.

Therefore, in my opinion, ChatGPT can most certainly be used for commercial purposes as well, but it is crucial to check with OpenAI for clarification and any specific usage conditions before continuing.

However, OpenAI recently considered the implementation of a cryptographic watermark in ChatGPT text outputs, which might help identify and monitor commercial exploitation of the technology.

Will ChatGPT cost money in the future?

Yes, it appears to look that OpenAI is now investigating the idea of launching a paid version of ChatGPT entitled "ChatGPT Professional," which would provide customers with more features and benefits over the free version.

According to an official statement on OpenAI's Discord, the subscription edition will be "always accessible," provide "fast responses" with no throttling, as well as provide users with "at least" double the daily limits of responses as the free version.

However, it is essential to note that this is still in the experimental phase, and OpenAI has made no public announcements about it. They choose to gather feedback from users before making any final decision.

ChatGPT has grown into a phenomenon, but the expense of running such a gigantic model is considerable, burning a hole in OpenAI's wallet.

OpenAI is anticipated to spend millions of dollars every month to keep the chatbot free to use. Given the significant costs of maintaining the model.

So I am not surprised that the company is looking for methods to monetize ChatGPT, such as offering a premium version, safeguarding the model's long-term sustainability, and helping pay for the expenses. This is also the reason OpenAI is pursuing investment from partner companies such as Microsoft.

Conclusion

ChatGPT is a robust artificial intelligence (AI) technology that can understand and respond to a natural conversation like humans even though it might not be rational or ethical sometimes.

While it has grown in popularity, there is a cost to running it, so OpenAI, the organization behind this language model, is presently looking for methods to monetize the technology in order to assure its long-term survival and cover the costs for operating and maintaining the model.

I hope that this article has helped you understand the costs of accessing ChatGPT as well as any future pricing options.

In the end, if you found this article helpful, please share it with your community and colleagues who may be interested in learning more about the cost of this AI text-generation tool.

Also, please leave a comment if you have any questions or suggestions about this topic. We would love to answer and hear what you think.

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