Memory prices have surged to 2007 levels after decades of steady decline

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The takeaway: Memory prices have been trending upward for more than a year, with many analysts predicting further increases in the near future. A prominent GitHub developer has now published a series of graphs and charts showing just how quickly prices have surged to 2007 levels on a per-unit basis, effectively undoing two decades of progress in making PC hardware more affordable for consumers.

According to computer science researcher and software performance expert Daniel Lemire, skyrocketing memory prices are a "historical anomaly," with the unprecedented increases effectively erasing decades of steady, exponential cost reductions.

He believes that for prices to normalize, either software developers will have to find ways to build AI systems that require less memory, or the hardware industry will need to increase production capacity.

Driven largely by rising...

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