That would be very bad product design. My understanding is that the model itself is similar to GPT4o in architecture but trained and used differently. So the 5x relative increase in output token cost likely already accounts for hidden tokens and additional compute.
https://openai.com/api/pricing/
$15.00 / 1M input tokens $60.00 / 1M output tokens
For o1 preview
Approx 3x the price of gpt4o.
o1-mini $3.00 / 1M input tokens $12.00 / 1M output tokens
About 60% of the cost of gpt4o. Much more expensive than gpt4o-mini.
Curious on the performance/tokens per second for these new massive models.