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GPT-3.5 vs GPT-4 : An In-depth Comparison of Use Cases, Capabilities, and Pricing
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GPT-3.5 vs GPT-4 : An In-depth Comparison of Use Cases, Capabilities, and Pricing


May 01, 2024    |    0

OpenAI's GPT-3.5 Turbo and GPT-4 Turbo models have revolutionized the AI world, offering powerful language understanding and generation capabilities. Understanding their key differences based on specific needs is crucial to making informed decisions. This in-depth comparison will explore the use cases, performance, strengths, weaknesses, and pricing of GPT-3.5 Turbo and GPT-4 Turbo.

Key Differences

GPT-4 Turbo represents a significant advancement over GPT-3.5 Turbo in several key areas:

  1. Language Understanding and Generation: GPT-4 Turbo exhibits a deeper understanding of context and nuance, allowing it to generate more coherent and contextually relevant responses.
  2. Reasoning Capabilities: GPT-4 Turbo excels at complex reasoning tasks, such as analyzing multiple perspectives, drawing inferences, and providing detailed explanations.
  3. Multimodal Abilities: Unlike GPT-3.5 Turbo, which is limited to text, GPT-4 Turbo can understand and analyze images, opening up new possibilities for multimodal applications.
  4. Training Data and Knowledge Cutoff: GPT-4 Turbo knows world events up to Dec 2023, while GPT-3.5 Turbo's knowledge is limited to Sep 2021.

Ideal Use Cases

GPT 3.5

HR

  • Automating simple chatbot conversations for employee onboarding
  • Generating basic job descriptions and job postings
  • Creating simple training materials and guides

istics

  • Automating simple customer service inquiries (e.g. tracking updates)
  • Generating basic shipping labels and documentation
  • Creating simple inventory management reports

Industry

  • Automating data entry tasks that require minimal context
  • Generating basic product descriptions and specifications
  • Creating simple instructional guides for equipment operation

GPT 4

HR

  • Developing complex training programs and courses
  • Creating personalized career development plans for employees
  • Analyzing and generating insights from large amounts of HR data

Logistics

  • Optimizing complex supply chain operations and routes
  • Generating detailed and accurate shipping manifests and customs forms
  • Providing personalized customer service experiences that require a deep understanding of the context

Industry

  • Developing complex AI-powered predictive maintenance systems
  • Generating detailed and accurate technical documentation for equipment and products
  • Analyzing and generating insights from large amounts of industrial data (e.g., sensor data, production data)

Strengths and Weaknesses

Enhanced Responsive Table Template
Comparison of GPT-4 Turbo and GPT-3.5
Aspect GPT-4 Turbo GPT-3.5
Performance More powerful, trained on data through Dec 2023
Performs better on LMSys benchmark
Provides higher quality content
Sufficient performance for general applications
Faster at generating responses
Cost Input tokens are 3x cheaper, output tokens are 2x cheaper
More cost-effective than GPT-4
Most budget-friendly option
Cheaper than both GPT-4 Turbo and GPT-4
Context Window 128,000 token context window Limited context window
4K context window for gpt-3.5-turbo-instruct model
16K context window for flagship gpt-3.5-turbo model
Accuracy More reliable with many input tokens Makes more factual errors
Worse at understanding nuance

Pricing

GPT 3.5 Turbo

Enhanced Responsive Table Template
GPT 3.5 Pricing Details
Model Input Output
gpt-3.5-turbo-0125 $0.50 / 1M tokens $1.50 / 1M tokens
gpt-3.5-turbo-instruct $1.50 / 1M tokens $2.00 / 1M tokens

GPT 4 Turbo

Enhanced Responsive Table Template
GPT-4 Pricing Information
Model Input Output
gpt-4-turbo-2024-04-09 $10.00 / 1M tokens $30.00 / 1M tokens

How to Choose?

When deciding between GPT-3.5 Turbo and GPT-4 Turbo, consider the following factors:

  • Task Complexity: If your application involves straightforward language tasks, GPT-3.5 Turbo may suffice. GPT-4 Turbo is the better choice for complex reasoning or multimodal tasks.
  • Speed and Cost: GPT-3.5 Turbo offers faster response times and lower costs, making it suitable for budget-constrained projects or applications requiring quick responses.
  • Multimodal Requirements: If your application needs to understand and analyze images alongside text, GPT-4 Turbo is the only option.

Here's a comparison table: