AI Costs are Falling Rapidly, Outpacing Moore's Law
According to a new report published by Epoch AI, the cost of artificial intelligence is dropping at an unprecedented rate, becoming nearly 50% cheaper every quarter.
A recent report published by AI research firm Epoch AI reveals that artificial intelligence costs have decreased thousands of times over in recent years, outpacing all other transformative technologies in history.
Massive Drop in AI Prices
According to a research report prepared by Epoch AI, the costs of artificial intelligence technologies have shown an unprecedented downward trend in recent years, decreasing by thousands of times.
Quarterly Cost Reduction
According to the report's findings, the cost of acquiring artificial intelligence becomes nearly 50% cheaper every quarter, registering a 13-fold decrease on an annual basis.
Comparison with Other Technologies
This rate of cost decline has surpassed all other transformative technologies, such as lithium-ion batteries, DNA sequencing, and traditional computing power driven by Moore's Law.