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Sam Altman publishes "Three Observations" on the economics of AI

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On Feb 9, 2025 Sam Altman published "Three Observations". He argues that (1) a model's intelligence roughly equals the log of the resources used to train and run it, (2) the cost of using a given level of AI falls about 10x every 12 months, and (3) the socioeconomic value of linearly increasing intelligence is super-exponential. He concludes that systems that 'start to point to AGI' are coming into view and that agents will become virtual co-workers.

Key facts

What happened

Altman set out a compact economic model of AI progress that explains the lab's huge infrastructure bets.

Why it matters

It became a frequently cited framing for AI cost curves and investment logic in 2025–2026.

Changelog

  • 2026-09-29: created (important-essays backfill; primary source checked)

Related posts (1)

Related events

  1. Sam Altman publishes "The Intelligence Age": superintelligence possibly 'in a few thousand days' ★★★
  2. Sam Altman publishes "The Gentle Singularity": 'We are past the event horizon; the takeoff has started' ★★★★

Sources (2)

id: 2025-02-09-altman-three-observations · updated 2026-09-29 · open in the interactive timeline