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OpenAI CEO Sam Altman highlights that the cost of utilizing artificial intelligence decreases by about ten times each year. This trend is expected to significantly lower the prices of various goods, making AI more accessible. Altman compares this rapid cost reduction to Moore's Law, suggesting that AI could become a transformative economic force similar to the transistor.
Altman anticipates that by 2035, individuals will have access to intellectual capabilities equivalent to those of 2025. He proposes innovative ideas like 'compute budgets' to democratize AI access globally. However, he also notes that while many goods may become cheaper, luxury items and limited resources like land could see price increases.
• AI costs decrease tenfold annually, impacting goods pricing significantly.
• By 2035, individuals may access AI capabilities equivalent to 2025.
AI economics refers to the financial implications and cost structures associated with AI technologies.
A compute budget is a proposed allocation of computational resources to enable broader access to AI.
Moore's Law predicts the doubling of transistors in integrated circuits approximately every two years, influencing processing power and costs.
OpenAI is a leading AI research organization focused on developing and promoting friendly AI for the benefit of humanity.
Nvidia is a technology company known for its high-performance hardware used in AI applications, which has faced market impacts from new low-cost AI models.
DeepSeek is a Chinese AI developer that has introduced a low-cost AI model, influencing market dynamics and competition.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
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