Earlier quoted context omitted.
Advanced technology will drop the cost of training. The flop targets in that bill would be like saying “640KB of memory is all we will ever need” and outlawing anything more. Imagine what other countries would have done to us if we allowed a monopoly like that on memory in 1980.
No, there are two thresholds and BOTH must be met. One of those is $100MM in training costs. The other is measured in FLOPs but is already larger than GPT-4, so the “think of the small guys!” argument doesn’t make much sense.
There is a reason why we report time (speedup) in spec instead of $$
The price you pay depends on who you are and who is giving it to you.