Venture capitalist Mary Meeker just dropped a 340-page slideshow report ' which used the word 'unprecedented' on 51 of those pages ' to describe the speed at which AI is being developed, adopted, spent on, and used, backed up with chart after chart. 'The pace and scope of change related to the artificial intelligence technology evolution is indeed unprecedented, as supported by the data,' she writes in the report, called 'Trends ' Artificial Intelligence.' There's a certain poetic history to this person writing this kind of report. Meeker is the founder and general partner at VC firm Bond and was once known as Queen of the Internet for her previous annual Internet Trends reports. Before founding Bond, she ran Kleiner Perkins' growth practice, from 2010-2019, where she backed companies like Facebook, Spotify, Ring, and Block (then Square). The speed at which costs of usage are dropping: unprecedented. While the costs of training a model (also unprecedented) is up to $1 billion,...
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