AI Timelines

Costs of information storage

Posted 23 July 2015 Cheap secondary memory appears to cost around $0.03/GB in 2015. In the long run the price has declined by an order of magnitude roughly every 4.6 years. However the rate has declined so much that prices haven’t substantially dropped since 2011 (in 2015).

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AI Timelines

Current FLOPS prices

In November 2017, we estimate the price for one GFLOPS to be between $0.03 and $3 for single or double precision performance, using GPUs (therefore excluding some applications). Amortized over three years, this is $1.1