GPT Updates: ChatGPT OpenAI Releases New Reasoning Model o1!

OpenAI has unveiled its latest reasoning model for ChatGPT, enhancing the AI’s ability to handle complex queries with greater accuracy. This blog covers all the relevant information about the new model and its advancements, showcasing OpenAI’s commitment to improving user interactions in AI-driven communication.

OpenAI: Owner of ChatGPT:

OpenAI is a US-based artificial intelligence research organization established in Dec 2015. Although established a decade ago, OpenAI gained popularity with the release of ChatGPT in Nov 2022. Since then, ChatGPT new version have been released, such as the ChatGPT new feature GPT 4o, in May 2024.

ChatGPT is an AI model capable of answering questions, writing essays, creating stories, translating languages, providing information, and more in text. The latest  OpenAI ChatGPT new features improve its existing abilities such as scripting, technical writing and even learning its user’s writing style.

Since ChatGPT has been around for two years, its abilities sound quite impressive, but it still lacks in several ways, such as,

  • It sometimes provides inaccurate or irrelevant replies.
  • It is incapable of interpreting context beyond the current paragraph or sentence.
  • It often struggles to handle complex circumstances requiring human judgment or decision-making skills.
  • It is not good at solving complex mathematical problems.

Due to this, ChatGPT has many limitations. It is free to use, however, ChatGPT pricing is a $20/month subscription offering early access to new features, and more. ChatGPT pricing goes up to $30/month for teams and companies.

RELEASE OF A MORE REASONABLE AI MODEL:

OpenAI has now released a new “reasonable” model called o1, qualified to do much more than ChatGPT OpenAI. It is the first in a planned series of “reasoning” models trained to answer more complicated questions, faster than a human. It’s designed to spend more time thinking before it responds.

o1 came out with a cheaper o1-mini, a faster reasoning model specifically good at math, coding, and science, compared to ChatGPT new features released in GPT-4o.

PROS:

MIMICS HUMAN-LIKE THOUGHT PROCESSING:

o1 not only solves complex problems like a pro, but it also mimics human-like thought processing through the use of phrases such as, “I’m curious about,” “Ok, let me see” and “I’m thinking through,” giving the illusion of a real-time thinking human. The model is given a restricted time limit to process questions, so it might even say something like, “Oh, I’m running out of time.” The ChatGPT new version is incapable of a thought process and can generate responses within milliseconds. While using these phrases, o1 shows step-by-step thoughts showing how it processes and dives deeper into solving problems.

 

ABILITY TO TACKLE COMPLICATED PROBLEMS:

The new version of ChatGPT can handle complex challenges, including coding and math, while explaining its reasoning. This improvement enables it to solve difficult questions in math, science, and coding more effectively than previous large language models. Additionally, it accurately identifies the number of ‘r’ characters in the word “strawberry,” correcting the errors made by earlier GPT versions that miscounted the “r” characters in the word “strawberry”.

CONS:

IT’S SLOWER THAN THE OTHER MODELS OF CHATGPT OPENAI:

o1’s reasoning abilities are relatively slow, often taking over 10 seconds to respond due to its tendency for comprehensive thinking. This delay contrasts sharply with the instant responses typical of other AI models. Additionally, o1 is more prone to “hallucinations” than earlier models like GPT-4o, as confirmed by an OpenAI researcher. This creates an interesting paradox: as AI models become more advanced in reasoning, they may also become more susceptible to certain errors.

IT’S SIGNIFICANTLY MORE COSTLY THAN PREVIOUS AI MODELS:

o1’s advanced abilities come at a significant expense regarding computer resources and financial investments. ChatGPT OpenAI has set the pricing for o1 at $15 / 1M input tokens and $60 / 1 M output tokens, while GPT-4o costs $2.5 / 1M input tokens and $10.00 / 1 M output tokens, this is a major increase compared to OpenAI’s previous models. As mentioned above, ChatGPT pricing goes up to $30/month, while o1 is only available for preview to those using OpenAI ChatGPT Plus. However, some third-party apps have made it available as well. Once it is officially out, it can be expected to cost much more than ChatGPT Plus.

To sum up, the latest advancements in ChatGPT significantly enhance its ability to tackle complex problems. To fully leverage these innovations, consider Creative’s Genie, which offers tailored solutions to boost your projects. Whether you need help with content creation, coding, or problem-solving, Creative’s Genie can help you maximize your potential and streamline your workflow. Embrace the future of AI with Creative’s Genie!

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