2026 1

When LLM prices fall 10x every year

In Feb 2024, Claude 3 Opus was the best model, at $15/MTok. In Jul 2024, GPT 4o Mini reached that quality at 10% of the price. In Dec 2024, DeepSeek v3 reached that quality at 1% of the price. Video See the interactive version If the price continues to fall 10x every 11-12 months or so (and it has been), then in a year, a Claude 4.6 Opus like model will cost 1/10th of the $5/MTok today, and in 2 years, 1/100th of that. ...

2006 1

Timeline of trends and events

Timeline of trends and events from 1750 to 2100 (yes, that’s next century).

2004 1

Exchanges using Wisdom of Crowds

Alternate exchanges: Hollywood Stock Exchange, Innovation futures, Blogshares. These exchanges are supposed to be remarkably accurate in predictions.

2002 1

More on expectations higher than expected

After reading my post on the ET article mentioning “expected to see a higher than expected rise”, a certain CA gold-medallist friend of mine wrote back this obscure note that I refuse to understand: … if you take it literally it is not possible. To put it more technically, something called a law of iterated expectation comes to play. Today’s expectation of tomorrow’s expectation about what will happen day after is just today’s expectation of what will happen day after. ...