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Epoch AI tracked the cost of hitting a fixed level of AI performance across five benchmarks in math, science and games of skill, and finds it has fallen every year since 2023 about 54 times faster than electricity's historical price decline -- a rate of roughly 47% per quarter, or 13x a year

Epoch AI measured the cost of achieving a fixed level of AI performance across five benchmarks in mathematics, hard sciences, and games of skill. Their analysis, covering the period since 2023, found that this cost has fallen about 47% per quarter, or 13 times per year. This rate of decline is 54 times faster than the historical price decline of electricity between 1892 and 1973.

SourceEpoch AI·2026

Verified 2026-09-26

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The same AI ability keeps getting much cheaper, which helps users but squeezes what providers can charge.

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