That might suggest that GPT-4 should be thought of as something like a 250B model. But there's also some selection for the remaining 1/8 of weights that are used by the chosen expert as being the "most useful" weights for that pass (as chosen/defined by the mixture routing), so now it feels like 250B is undercounting the parameter size, whereas 1.8T was overcounting it.
I think it's not really defined how to compare parameter counts with a MoE model.