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This is where people generally say "AHA! But some newer tokenizers turn the same text into more tokens! And models tend to EMIT more tokens! So it's not actually cheaper!" The former two statements are true: token price alone does not quantify the price difference between using two different models.
However, *even if you account for that*, newer models are still cheaper. The price of completing actual benchmark tasks with newer models is lower, and this seems to hold for Real Work as well.
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