Amazon CEO's annual letter is here. He predicts AI won't be 'as expensive as it is today' thanks to chip improvements.
1. Amazon CEO predicts AI costs will significantly decrease due to chip improvements. 2. Jassy states chips are a major cost factor for AI development. 3. Falling AI costs could boost adoption for more companies, benefiting Amazon. 4. Jassy parallels AI's growth potential to Amazon Web Services (AWS) expansion. 5. Improved chip performance may lead to increased overall AI spending.