Price performance Moore's Law seems slow
By Katja Grace, 26 November 2017
When people make predictions about AI, they often assume that computing hardware will carry on getting cheaper for the foreseeable future, at about the same rate that it usually does. Since this is such a common premise, and whether reality has yet proved it false is checkable, it seems good to check sometimes. So we did.
Looking up the price and performance of some hardware turned out to be a real mess, with conflicting numbers everywhere and the resolution of each error or confusion mostly just leading to several more errors and confusions.
I suppose the way people usually make meaningful figures depicting computer performance changing over time is that they are doing it over long enough periods of time that even if each point is only accurate to within three orders of magnitude, it is fine because the whole trend is traversing ten or fifteen orders of magnitude. But since I wanted to know what was happening in the last few years, this wouldn't do—half an order of magnitude of progress could be entirely lost in that much noise.
In the end, the two best looking sources of data we could find are the theoretical performance of GPUs (via Wikipedia), and Passmark's collection of performance records for their own benchmark. Neither is perfect, but both make it look like prices for computing are falling substantially slower than they were. Over the last couple of decades it had been taking about four years for computing to get ten times cheaper, and now (on these measures) it's taking more like twelve years. Which could in principle be to do with these measures being different from usual, but I think probably not.
There are quite a few confusions still to resolve here. For instance, in spite of showing slower progress, these numbers look a lot cheaper than what would have been predicted by extrapolating past trends (or sometimes more expensive). Which might be because we are comparing performance using different metrics, and converting between them badly. Different records of past trends seem to disagree with one another too, which is perhaps a hint. Or it could be that there was faster growth somewhere in between that we didn't see. Or we might not have caught all of the miscellaneous errors in this cursed investigation.
But before we get too bogged down trying to work these things out, I just wanted to say that price performance Moore's Law tentatively looks slower than usual.
See full investigation at: Recent Trend in the Cost of Computing