The cost of AI performance is falling so fast it could reshape the entire software market
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Bottom line: AI models are getting cheaper to use at a pace that could reshape the advanced software market. A report from research firm Epoch AI finds that the cost of reaching a given level of AI performance has fallen by nearly 50% per quarter, or about 13 times per year. That is a faster rate of decline than the cost curves seen in lithium-ion batteries, DNA sequencing and computing hardware. For companies building or buying AI systems, the change could make more capable models affordable for everyday use. It could also make it harder for AI developers to hold onto pricing power.
Epoch's reportlooks at the cost of running models that meet a set performance level on difficult benchmarks. The analysis does not measure the average price of every AI product...
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