It's worth that much to me in the time saved. But I'm a business owner, so I think the calculus might be quite different (since I can find ways to recoup those costs) from an individual, who pays out of their main income.
I outlined examples of how I used CC/AI a couple months ago [1]. Since then I've used it even more, to help reduce our cloud bills.
The challenge is that if the numbers are accurate they need 5-10x to break even on inference compute costs, before getting into training costs and all the other actual overhead of running a company like compensation.
Will everyone be willing to pay 5-10x? Probably no.
Will half of users pay 10-20x? Or a quarter pay 20x++?
Or we end up with ads … which already seem to be in motion
That's not to say that there aren't many, like you, for whom $500 is a perfectly good deal, there's just not nearly enough for OpenAI to ever turn a profit.
Normies literally see no difference between GPT and Claude, just that Claude is much more expensive and CEO is even more of a dummie than Altman.