GPT-5 Released
Narrative
Materially smarter than GPT-4. Improved reasoning, coding, and multimodal understanding. Reduced hallucination. PhD-level expertise in many domains. $20/$60 API pricing.
Reality
Benchmarks strong: 92.3% MMLU-Pro, 93.7% HumanEval, 85.2% GPQA Diamond. Reasoning competitive with o1 on many tasks. Multimodal capabilities excellent. But not transformative leap many expected.
Implication
Maintained OpenAI frontier position. But expectations of GPT-3→4 scale jump not met. Incremental improvement narrative vs paradigm shift. Pricing higher than DeepSeek alternatives affected adoption.