AI Costs Plummet 150x, Transforming Industries and Valuing Intelligence

The cost of artificial intelligence is dropping fast. Between early 2023 and mid-2024, the cost per token in AI models fell by 150 times. This decline is faster than Moore's Law, which predicted computing power doubling every 18 months. The rapid drop in AI costs means more people can use advanced models at a fraction of the price. This change could make AI as smart as GPT-4 more affordable in the near future.

When AI prices fall, it's not just about saving money. It changes how we value intelligence. Imagine paying a group of AI models what one worker might earn today. This shift could transform industries and jobs. Businesses might use AI for tasks that once needed expensive human intelligence. The impact on society could be huge. We might see a world where intelligence is abundant and cheap, affecting how society values different skills.

By 2035, this change could be dramatic. If intelligence becomes cheap and plentiful, society might value other skills more. People should learn to work with AI now to stay ahead. As AI investment grows exponentially, the technology keeps improving. Some people might think we're in an AI bubble, but the continuous improvement suggests otherwise. The future of AI seems boundless, with endless possibilities as it evolves.

Companies are investing billions in AI to streamline operations. They might save on costs by using AI instead of hiring more staff. The potential savings and efficiency gains make AI a valuable investment. As AI becomes more capable, businesses can explore new ways to innovate and grow.

This exponential growth of AI technology is unlike anything seen before. While past technological advances have integrated into society, AI continuously builds on itself. The journey ahead for AI remains unpredictable, with potential we can't fully grasp yet. The landscape of intelligence and innovation will likely look very different as AI continues to evolve.