The Falling Cost of Intelligence

X = release date. Y = effective cost per 1M I/O Tokens (log). Each step line tracks the cheapest model to date at or above an IQ level; large dots mark the models that set each new price floor, faint dots show every other qualifying model, colored by provider.

The Falling Cost of Intelligence
X = release date. Y = effective cost per 1M I/O Tokens (log). Each step line tracks the cheapest model to date at or above an IQ level; large dots mark the models that set each new price floor, faint dots show every other qualifying model, colored by provider.

How to read this chart

Each line follows one IQ level and steps down whenever a newly released model at or above that level undercuts the previous cheapest option. Large dots mark the models that set each new price floor; faint dots show every other qualifying model at its release date and cost. The vertical axis is logarithmic, so equal drops represent equal cost ratios.

Data sources