Analysis: The cost of AI with equivalent performance decreases by approximately 47% each quarter

The artificial intelligence research organization Epoch AI posted on X: AI is becoming cheaper at a faster rate than any other transformative technology in history. The cost has decreased by approximately 47% each quarter since 2023 at a given performance level.

This speed is 4 times faster than DNA sequencing, 6 times faster than computing, 18 times faster than lithium batteries, and 54 times faster than electricity (as of 1973).