Understanding ChatGPT/OpenAI Tokens

ChatGPT/OpenAI converts natural language to tokens and uses those tokens to process requests to their GPT model and also calculate pricing on their API.
In this video, you will learn how natural language is broken down into tokens

[rashidatbalogun]

This is the BEST explanation for tokens/token pricing I've come across. Thank you!

[bennguyen]

Does use of a custom ChatGPT application, created with OpenAI Builder and hosted on their site, count towards both the User and/or the Builder's 40 per 3-hour limit? i.e. If someone else uses my application 40 times within 3 hours, then not only they will need to wait.. but I, as the app creator, will also need to wait to do any prompt?

What if I use something like MindStudio or AirTable to create an AI application (not hosted on OpenAI) that uses the ChatGPT API.. how does the pricing and/or hourly limit work?

And how does the pricing change between a prompt that requires a simple yes/no response, versus one that requires image analysis?

My goal is to drag a pdf of a handwritten scan to a web-app (hosted locally or on OpenAI Marketplace store) that calls Chat-GPT4 Vision to do an OCR and extract data from a table, then perform some calculations on it, and finally print the results to a pdf (or append a new page to the original pdf).


Should I perhaps use Perplexity instead (also $20/mo)?

[noelroberts]

How do I reduce the cost of ChatGPT? I have a platform but it does not list ChatGPT 4o as an option. How can my platform use this new cheaper model?

[deml-em]

i'm here afther nvidia conference, because the ceo talk about tokens, so...
thanks for the video

[toluwade]

I am building with openai and i am stuck cos of no quota, how do i go about this I am solely looking at the Wisper aspect.

[shawnmiller]

I have a pid account. Where can I buy the tokens? I'm getting an error in Zapier saying I'm out of tokens.

[alizafar]

Thanks for the detailed explanation bro!

[tnno]

What I don't understand: You say it charges me per token. But I play a monthly fee for ChatGPT Plus. So what exactly does it charge from and how is it related to my Plus fee? How do I know what I have been charged and how do I know when I'm "broke"?

[rosstituteuk]

Great. That's helped clarify how tokens are calculated. Thanks bro

[YahyaMarei]

i LOVE IT but its useless because you have to buy token from API. so basically not chatGPT 4 or 3 but API

[ealdie]

how can openai charge you if you're using free version? and does that mean if im using Pro for GPT4, not only that im paying for subscription, i'm also paying for the number of characters I type? did i understand this video correctly?

[CJ_]

Thank you for the straightforward explanation!

[sadam_sparrow]

If i have 23 tokens, can i able to use any sentence capable of 114 characters?

[noelroberts]

I agree this is the best explanation I have ever gotten. All of a sudden I am paying so much for Chagpt. I needed to know why. I have a question....Chatgpt is driving my platform. Each of my Ai tools and chatbots have a prompt/instruction on the back end. Does that prompt instruction count towards token usage each time someone makes a request on the front end?

[pankajgiri]

Thank you for this video. It helped me to clear my doubts.

[SamuelIfeoluwa-ry]

Are you in Nigeria? If yes, how can I pay for openAI credit using card

[NaeemAfzal]

Thank you for such detailed information!

[oxdogoxSF]

Thanks for the breakdown. I'm still curious how the words get broken down into multiple tokens. Is it a universal thing, an AI thing or something Chat GPT made up to monetize the use of their product?