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AI inference costs plunge 725-fold in 18 months, Epoch AI report shows

Epoch AI releases analysis of AI cost declines

1 Sep 23 7:17 AM · 3d ago · 1 article · 1 source · development 1 of 5

Economist Alex Tabarrok cites an Epoch AI report finding that the cost of a given level of AI performance has fallen an average of 47% per quarter over three years—a 13-fold drop annually, faster than any other transformative technology in history.

Epoch AI releases analysis of AI cost declines
marginalrevolution.com

“Over the past three years, the cost of a given level of AI performance has fallen an average of some 47% per quarter. That is a 13-fold drop every year – a faster rate than any other transformative technology in history.”

Alex Tabarrok

Alex TabarrokAlex Tabarrok Economist, Marginal Revolution bloggerEpoch AI Research organizationOpenAI AI company

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1Epoch AI releases analysis of AI cost…2–5Commenter challenges claim that cost…
Sep 24yesterdaynow · 7:39 AM ET

All 5 developments of AI inference costs plunge 725-fold in 18 months, Epoch AI… →

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