WELCOME TO LLMFLATION – LLM INFERENCE COST IS GOING DOWN FAST ⬇️

Summary from the TLDR Product newsletter

There has been an unprecedented 10x annual decrease in AI language model costs, surpassing historical price declines seen in computing and bandwidth. This dramatic cost reduction, also known as "LLMflation," is making new AI applications possible at an accelerating pace. While still in the early stages, this trend suggests the AI revolution will continue to drive major technological advances.