🔮 Fifty years of Moore’s Law wasn’t fast enough for AI #580

Exponential View · 2 weeks ago

A new State of the AI Economy report identifies a break in the 50-year trend of global compute growth, showing a sharp acceleration since 2020 driven by AI accelerators and floating-point operations. The previous consistent 66% compounded annual growth rate in global compute stock remained steady through platform shifts from mainframes to PCs to mobile, but this pattern changed markedly in 2023 as AI infrastructure demands surged. This acceleration is expected to sustain for years or potentially a decade before reverting to historical norms, fundamentally reshaping how compute resources are allocated and utilized across industries.