$3.4K is about what you might pay a magic circle lawyer for an opinion on a matter. Not saying o3 is an efficient use of resources, just saying that it’s not outlandish that a sufficiently good AI could be worth that kind of money.
You pay that price to a law firm to get good service and to get a "guarantee" of correctness. You get neither from an LLM. Not saying it is not worth anything but you cant compare it to a top law firm.
