Artificial Intelligence and the Acceleration of Global Economic Convergence: Whether inexpensive intelligence can compress capability gaps between advanced and emerging economies
Artificial intelligence has undergone a historic price collapse—“the cost of achieving GPT‑3.5‑class performance fell from $20 per million tokens in 2022 to $0.07 by late 2024”—driven further by the diffusion of open‑weight models that make frontier‑adjacent capability accessible to anyone with basic connectivity. This...