OpenAI’s latest AI model, o3, comes with a hefty price tag, potentially costing hundreds or even thousands of dollars per use. Despite the high cost, o3’s capabilities could revolutionize various sectors. In academia, finance, and industrial applications, where the value of a correct answer can justify the expense, o3 could be a game-changer. The model’s reliability could lead to multiple use cases, even before the costs decrease. This suggests that while o3 might be out of reach for everyday users, its specialized applications could drive significant advancements in fields where precision and accuracy are paramount.
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