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by jstummbillig 29 days ago
> Interesting pricing direction.

Is it? More capability, more demand, higher price. Seems relatively uninteresting. The naming structure complicates it: 3.5 Flash is less comparable to 3.0 Flash than it is to 3.0 Pro.

More generally, $/token + naming scheme comparisons are just confusing: I am not looking for a wordy idiot and I doubt most people are (at least not with what I would consider worthwhile business ambitions). In fact wordy idiots are fairly costly, because we have to consider the large amounts of cheap garbage that they are producing, and if you price your own time somewhat competitively then fairly quickly that's the bigger lever.

Even if we don't consider the last part: How do we price the better model, that can one shot a task without having to go back and forth and spending more tokens or having to fix more bugs later? It is definitely worth something and I think it's quite undervalued right now. What seems to be missing is a better measurement of capability per token. I don't know how that could look like. Maybe something like how we try and measure inflation, some basket of tasks (which then ends up being part of the training data so idk).