51–60 of 67 posts
- Costs of delivering mass to orbit. - Nanotubes - Graphene - Internet costs (I'm pretty sure it's dropping faster than exponentially) - CDN and storage in general - Many medical procedures I expect meat prices to collapse in the next 10 years.
Barely aged electronic devices, like laptops, phones, TVs, etc.
Food (not the largest exponent, but probably the longest history)
I'm not sure. I did some analysis comparing the cost of basic grocery items in the early 20th century to now and they aren't that different. I used the price of gold at the time vs now and the average daily wage to try to get a better feel for relative prices. Over hundreds or thousands of years, yes, definitely. All that said, it seems like automation could push the cost of food to near zero in the coming decades.
Cost per GFLOPS: https://en.wikipedia.org/wiki/FLOPS#Hardware_costs Probably the clearest chart that explains why machine learning is blowing up now, despite the fact that the same neural network architectures existed since 1990s (e.g., LeNet-5). It's because cost dropped from $47,000 per GFLOPS to $0.02!!!
It looks like the GPU in Xavier can do 1.4 TFLOPS single precision, so the correct value is $0.49.
Food (not the largest exponent, but probably the longest history)
People needing to go to food banks is because they have no money left after paying rent, utilities etc., not because food is expensive.
Tech startup valuations, all contracting exponentially. Super cheap! Sorry I'll show myself the door.
To those that say DNA seq; although the cost to perform the actual sequence has dropped, there are still a ton of overhead costs in acquiring and managing any genomic data. Context - product platform guy at biobank.
My impression is that the cost of the actual sequencing has dropped so much that it is the overhead costs that now dominate.
Earlier quoted context omitted.
My impression is that the cost of the actual sequencing has dropped so much that it is the overhead costs that now dominate.
Well indeed, the Wikipedia entry posted below https://en.wikipedia.org/wiki/Carlson_curve shows _total cost_ dropping down to a plateau at $1k since 2016.