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AI is slower, but much much cheaper than people

14 Aug 2024

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AI is slower, but much much cheaper than people:

several public models (Claude 3.5 Sonnet and GPT-4o) complete a proportion of tasks similar to what humans can do in ~30 minutes … On average, when agents can do a task, they do so at ~1/30th of the cost of the median hourly wage of a US bachelor’s degree holder. One example: our Claude 3.5 Sonnet agent fixed bugs in an ORM library at a cost of <$2, while the human baseline took >2 hours.


Anthologies: Betterment, Wealth Architecture, Digital Architecture, On Being Fruitful, On the Nature of Things

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