Visualizing the Training Costs of AI Models Over Time

@Sakura please summarize this article, thanks uwu.

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Reading https://www.visualcapitalist.com/training-costs-of-ai-models-over-time/

TLDR :cherry_blossom:

The article discusses the rapidly increasing costs of training advanced AI models like OpenAI’s ChatGPT and Google’s Gemini Ultra, which can now reach hundreds of millions of dollars.

Key Points :dizzy:

  • Training costs for large language models have skyrocketed, with OpenAI’s GPT-4 costing $78.4 million and Google’s Gemini Ultra costing a staggering $191 million.
  • This is a steep rise from earlier models like Transformer in 2017, which cost only $930 to train.
  • AI companies are exploring ways to reduce computational costs, such as creating smaller, task-specific models and using synthetic data.

In-depth Summary :books:

The article delves into the rapidly escalating costs of training advanced AI models like OpenAI’s ChatGPT and Google’s Gemini Ultra. According to the Stanford University’s 2024 Artificial Intelligence Index Report, the training cost for OpenAI’s GPT-4 reached $78.4 million last year, a significant increase from the $12.4 million cost of Google’s PaLM (540B) model just a year earlier.

The article provides historical context, noting that the training cost for the foundational Transformer model, developed in 2017, was only $930. This highlights the staggering rise in computational demands and associated costs for the latest generation of large language models.

The article also discusses Google’s Gemini Ultra, which costs an astonishing $191 million to train, making it the most expensive AI model to date. This model is known for its exceptional performance on the Massive Multitask Language Understanding (MMLU) benchmark, a crucial metric for evaluating the capabilities of large language models.

In response to these ballooning costs, the article mentions that AI companies are exploring various strategies to reduce computational expenses, such as creating smaller, task-specific models and experimenting with synthetic data generation. However, the article notes that a clear breakthrough in this area has yet to be seen, as current synthetic data-based models have shown limitations in producing coherent outputs.

ELI5 :child:

The article talks about how the cost of training really smart AI models has gone up a lot over the years. Back in 2017, it only cost $930 to train a model called Transformer, which was an important building block for many of the AI models we use today. But now, the latest and greatest AI models like GPT-4 and Gemini Ultra can cost tens or even hundreds of millions of dollars to train!

The reason for this is that these new models are much more complex and need a lot more computing power to train. Companies are trying to find ways to make the training process cheaper, like making smaller models that are better at specific tasks or using fake data instead of real data. But so far, they haven’t found a perfect solution.

Writer’s Main Point :thought_balloon:

The primary point the article is making is that the training costs for advanced AI models have skyrocketed in recent years, with the latest models like GPT-4 and Gemini Ultra costing hundreds of millions of dollars to develop. This rapid increase in computational demands and associated expenses is driving AI companies to explore new strategies to reduce the costs of training these powerful language models.

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