Will you pay for ChatGPT?

OpenAI introduced ChatGPT Plus for $20 per month, offering general access to ChatGPT (even during peak times), faster response times, and priority access to new features and improvements.

I use ChatGPT three to five times per day to help with tasks where the stakes are relatively low, high fluency is required, and I know the subject well enough to be my own fact checker. You might be surprised at how many tasks fit into this decision framework: summarizing meetings, creating bullet points for presentations and correspondence, and writing rough drafts of things like recommendation letters or introductions. I also use ChatGPT to help distill complex writings into “language a five-year-old would understand,” a prompt that has surfaced some hilarious (and oddly useful) results.

Is ChatGPT worth $20 per month? My guess is that it saves me 20 to 30 minutes per day. Through that lens, the service is underpriced… but that’s only one lens. Are you planning to subscribe? Are you okay working with the free version? Are you waiting until Microsoft incorporates GPT-3 into its office suite? Or do you think this is all too much hype? I’d love to know how you’re thinking about this.

Author’s note: This is not a sponsored post. I am the author of this article and it expresses my own opinions. I am not, nor is my company, receiving compensation for it.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.

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