3 Tips to reduce OpenAI GPT-3's costs by Smart Prompting

Reduce GPT-3 prompt tokens and save dollars

Ramsri Goutham
Towards Data Science
5 min readApr 22, 2022

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GPT-3 prompt saving tips
Image by Author

GPT-3's highest and the most accurate model Davinci costs 6 cents for every 1000 tokens. So it isn’t really inexpensive to operate at scale in a production app.

So beyond designing prompts, it is essential to even master the craft of smart prompting, that is to reduce…

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