The cost of using LLMs is decreasing rapidly, while new models are becoming significantly more advanced.
Banking: The future is back · page 32 of 48
The slide uses a bar chart to illustrate cost reduction trends and includes a testimonial quote from a banking executive.
Consulting deck · industry_trends · analyze_data · overcrowded density
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chart 1/1 paragraph 1/1 quote 1/1 source-note 1/1 title 1/1
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bar-vertical paragraph testimonial source-note headline
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Action Titles slide · 90%
Title: 'The cost of using LLMs is decreasing rapidly, while new models are becoming significantly more advanced'
Annotation slide · 90%Three annotated arrows showing 74%, 58%, 55% annualized cost decline
Chart Selection Guide slide · 85%Bar chart of API inference cost per million tokens, GPT-3 to GPT-4o
Data Story Arc slide · 70%The efficiency benefits of generative AI will continue to increase as the cost of using it plummets.
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