16 …200% Annual Growth Over Nine Years of… Compute Gains from Better Algorithms Led To… Note: Estimates how much progress comes from bigger models versus smarter algorithms, based on how much computing power you'd need to reach top performance without any improvements. Source: Epoch AI (3/24) Impact of Improved Algorithms on AI Model Performance – 2014-2023, per Epoch AI Effective Compute (Relative to 2014) +200% / Year AI Technology Compounding = Numbers Behind The Momentum