Industry

Industry

The business side of tech. Analysis on tech giants, startups, market trends, emerging technologies, and policies shaping the IT landscape.

industry moores law pricing model ai

AI is getting cheaper faster than almost any technology in history

One AI task went from $0.30 to $0.0004 per question in a year and a half
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.
memory warranty gskill

G.Skill wins customer's lifetime loyalty after replacing a $150 open-box eBay RAM kit now worth $1,199

In a nutshell: There's been a depressing trend recently in which hardware companies refuse warranty claims for questionable reasons – or refund the customer's original purchase amount – as a result of their products' prices skyrocketing. But it seems not every firm is being greedy. One person has praised G.Skill for replacing a 64 GB DDR5 RAM kit bought from eBay for $150 with a brand-new kit worth $1,199.
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