ChatGPT: The Cash Cow of the Tech World is About to Get a Whole Lot More Expensive
In a move that’s sure to infuriate users, OpenAI is planning to hike the price of its popular ChatGPT service by a whopping 10% in the coming months. And if you think that’s bad, just wait until 2029 when the price is expected to more than double to a staggering $44 per month.
But why the sudden price increase? Well, it’s all about the Benjamins, baby. OpenAI’s investors are breathing down their necks, demanding that the company turn a profit. And with losses projected to reach a staggering $5 billion this year, something’s gotta give.
And what’s the biggest expense eating into OpenAI’s profits? None other than the massive costs of running ChatGPT itself. We’re talking about a service that reportedly costs a whopping $700,000 per day to operate. Yikes.
But here’s the thing: users aren’t exactly thrilled about the price hike. In fact, surveys suggest that many believe the current $20-per-month price is already too high. So, will OpenAI’s aggressive pricing strategy lead to a mass exodus of users? Only time will tell.
The Bottom Line: Get ready to fork over even more cash for your ChatGPT subscription. And if you’re one of the 10 million users who’s already paying the premium, you might want to start looking for an alternative.
