Epoch AI measures how fast the cost of a given level of AI performance is falling across five benchmarks covering math, science and games of skill: about 47% per quarter, or 13x per year, since 2023, faster than electricity, compute, batteries or DNA sequencing ever fell.
Extremely interesting… so the depreciation of older models is extreme, while new models are constantly presented. And all the while no AI company is making any profit. This whole story is bonkers
And more interestingly the article itself says this
And to this extent, when comparing price drops for AI to drops for other technologies for which we have price series, we are comparing apples and oranges.
Even then, they decided to make it the headline. This is just like LLM bros doing things they don’t know anything about. Absolute garbage.
Extremely interesting… so the depreciation of older models is extreme, while new models are constantly presented. And all the while no AI company is making any profit. This whole story is bonkers
The catch is
And more interestingly the article itself says this
Even then, they decided to make it the headline. This is just like LLM bros doing things they don’t know anything about. Absolute garbage.
Hadn’t you heard? Some day, one of these things is gonna cure cancer. We all just gotta kill ourselves subsidizing it until then!