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RE: LeoThread 2024-12-08 08:18

in LeoFinance24 days ago

Part 2/6:

According to industry expert Kaiu, the costs associated with leading models like GPT-4 have shown dramatic decreases since their introduction. Launched in May 2023 at a price of $75 per million tokens, the current pricing is reported to be only $440. Simultaneously, advancements in technology—such as the introduction of smaller, faster models—reflect a trend where costs are expected to decrease approximately tenfold each year. This phenomenon can be attributed to several factors, including reduced GPU expenses and enhanced performance efficiencies with modern models.

The Promise of Lower Costs