Capital Markets: Observations and Insights

​ Accelerating Innovation

INNOVATION

A New, More Powerful Driver of Disruption

• Moore’s Law, the doubling of transistors on a microchip every two years, has been the driving force of the global digital revolution • Now a new exponential law for artificial intelligence (AI) is set to usher in even larger, more powerful changes in technology and living standards

Exponential Growth in the Training of Artificial Intelligence Programs

AI program training doubling every 3 to 5 months

Source: OpenAI.

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