Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Cryptocurrencies

Sam Altman says AI cost will decrease 10 times per year

Source Cryptopolitan

OpenAI CEO Sam Altman published a blog on Sunday explaining the rapid decline of AI costs. He mentioned that the price of using AI at a given level is decreasing ten times per year while the number of people utilizing it is increasing.

Sam Altman shared his three AI-related observations in a blog post. According to him, AI price is decreasing as the average token price decreased 150 times from the early 2023 GPT-4 to the mid-2024 GPT-4o release.

Altman compared this AI growth rate to Moore’s Law which “changed the world at 2x every 18 months”. He said AI growth is “unbelievably stronger”

The CEO of OpenAI also mentioned that the amount of resources used to create an AI model determines its resulting intelligence level. Altman also observed that investments in AI technology will maintain an uninterrupted growth path. Businesses continue investments in AI development because its speed of growth follows a “super-exponential” pace.

Cryptopolitan Academy: FREE Web3 Resume Cheat Sheet - Download Now

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

Lagarde speech: Price pressures gradually diminishing Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave the key interest rates unchanged in April and responds to questions from the press.

Author FXStreet

Apr 12, 2024

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave the key interest rates unchanged in April and responds to questions from the press.

Gold Price Forecast: XAU/USD remains capped under $3,400 ahead of US inflation data The Gold price (XAU/USD) attracts some sellers to near $3,390 during the early Asian session on Monday.

Author FXStreet

Aug 11, 2025

The Gold price (XAU/USD) attracts some sellers to near $3,390 during the early Asian session on Monday.

Ethereum smart contract deployments reach new 8.7M high in Q4 Token Terminal data revealed that smart contracts deployed on the Ethereum network hit an all-time high of 8.7 million in the fourth quarter of 2025.

Author Cryptopolitan

Dec 29, 2025

Token Terminal data revealed that smart contracts deployed on the Ethereum network hit an all-time high of 8.7 million in the fourth quarter of 2025.

My Top 5 Stock Market Predictions for 2026 Five 2026 market predictions written in a native, news-style voice: AI’s winners and losers, broader sector leadership, dividend demand, valuation cooling as the Shiller CAPE sits at 39 (Dec. 31, 2025), and quantum-computing bursts—while keeping all original facts and numbers unchanged.

Author Mitrade

Jan 06, Tue

Five 2026 market predictions written in a native, news-style voice: AI’s winners and losers, broader sector leadership, dividend demand, valuation cooling as the Shiller CAPE sits at 39 (Dec. 31, 2025), and quantum-computing bursts—while keeping all original facts and numbers unchanged.

Gold declines below $4,500 on stalled US-Iran ceasefire talks, US NFP data looms Gold price (XAU/USD) edges lower to near $4,470 during the early Asian session on Friday. The precious metal remains volatile amid ongoing geopolitical turmoil. Traders will closely monitor the developments surrounding the US-Iran peace deal and the US May employment report later on Friday.

Author FXStreet

Jun 05, Fri

Gold price (XAU/USD) edges lower to near $4,470 during the early Asian session on Friday. The precious metal remains volatile amid ongoing geopolitical turmoil. Traders will closely monitor the developments surrounding the US-Iran peace deal and the US May employment report later on Friday.

Popular Symbols