
The Frontier
AI's price crash is 13x a year — only 3x of it is better algorithms
Two studies put a number on the same thing: buying a fixed amount of AI capability is collapsing in price — and almost none of the collapse is the labs getting smarter. Epoch AI's "The Plunging Price of Thought" finds that reaching a fixed score on AI benchmarks has fallen about 47 percent per quarter since 2023 — roughly 13 times a year — and says no previous transformative technology declined that fast, running 4x faster than DNA sequencing, 6x than compute, 18x than lithium batteries and 54x










