Goldman Sachs reports AI model costs have fallen as fast as PC prices
Summary
Goldman Sachs reports that the costs of AI models have decreased significantly over approximately three years, matching the price reduction of personal computers over a span of fifteen years. This decline in costs aligns with historical trends in foundational computing technologies, which have typically fostered broader adoption and innovation across various sectors.
Analysis
Goldman Sachs: Goldman Sachs is a global investment bank and financial services firm that provides investment banking, securities, and asset management services. It regularly publishes research and data on technology trends and market developments. In this news, the firm supplied the analysis comparing the pace of AI model cost declines to historical personal computer price drops. Technology Trends: Declining costs in foundational computing technologies have historically enabled wider adoption and innovation across sectors.
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