Comment by fastball
3 hours ago
Output tokens are 5x more expensive than input tokens, so I'm not sure "dominate" is entirely correct.
A conversation with 20 turns, 50k tok growth per turn, 1m tok context at end would price out like this:
Fable 5 ($1/M cache reads) ; cache reads 9.5M tok × $1.00 = $9.50 ; cache writes 1M tok × $12.50 = $12.50 ; output 1M tok × $50 = $50.00 ; total = $72.00
Fable 5.1 ($0.25/M cache reads) ; cache reads 9.5M tok × $0.25 = $2.38 ; cache writes 1M tok × $12.50 = $12.50 ; output 1M tok × $50 = $50.00 ; total = $64.88
So yes, cheaper, but not massively.
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