How is it misleading if this would be the consumer's cost?
Eventually Codex's subscription subsidization will diminish to near-zero, like the rest of the providers.
It's extremely important that people understand how expensive these models currently are. Even $300k in raw API costs is alarming for the output.
> How is it misleading if this would be the consumer's cost?
Because it does not say “equivalent of”, it literally says he spent money that he did not spend
Peter shows the near-term future. Raw API consumer price cost is arbitrary. (The frontier labs can put a 100x markup to cover other operational expenses.) The true cost of inference with same-capability models keeps dropping at dizzying rates, especially at the data-center batch size. (Due to both NVidia hardware and algorithmic changes.) So the developments that Peter can achieve today with internal support from OpenAI will be doable by anyone in a few years without breaking the bank.