That is how I understood it, a token is on average a 3/4 of a word. "Token to word". So if you want to buy 1000 tokens you would get effectively 750 words.

[Author] Fair point -- I clarified the language and gave a concrete example. Hope that helps!

It's the token to word multiplier, yeah. i.e. x tokens = 0.75x words.

I think all the ratios given are x:1 and they tell you x.

It’s the other way around.

1 GPT4 token is equivalent to 50 GPT3.5 tokens.

1 token is equivalent to 0.75 words.

That would make it 0.75 tokens to 1 word right?

lol, yes, I'm glad they clarified because I understood it correctly then made the mistake GP did when I replied to them.