OpenAI's Chief Product Officer, Kevin Wheel, recently made a significant statement at the Ray Summit 2024, revealing that their AI model, ChatGPT, can complete legal work that previously cost $8,000 for a mere $3 in API tokens. This highlights the potential of AI to drastically reduce costs and increase efficiency in various professional fields. Wheel emphasized OpenAI's commitment to making AI more accessible and affordable, driving innovation and problem-solving on a larger scale. This advancement raises important questions about the future of work and the need for adaptation in the face of rapidly evolving AI capabilities. The video emphasizes that while AI like ChatGPT is not yet ready for fully autonomous deployment, it is rapidly advancing. (summary assisted with Gemini AI)