AI performance costs are falling faster than those of any previous technology
AI performance costs are falling faster than any previous technology, with 47% quarterly and 13x annual drops in average costs.
AI performance costs are falling rapidly, with Epoch AI reporting 47% quarterly and 13x annual drops in costs, while MIT researchers see 5-10x annual drops in cost per query after stripping hardware and competition effects.
- AI performance costs are falling faster than previous technology, with 47% quarterly drops and 13x annual drops on average.
- Countries
- Epoch AIMIT researchers
From the original article
3 min read at the-decoder.com
AI is hitting a fixed benchmark performance level at a rapidly falling cost. Epoch AI measures a price decline of about 13x per year. After stripping out hardware gains and competition, MIT puts annual algorithmic progress at about 3x.
By Alan Truly · the-decoder.com
A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.