FTM:An endogenous economic growth model illustrating the future trajectory of AI

4 months ago 16

AGI training requirements (FLOP with 2022 algorithms)

Effective FLOP gap (training)

Training goods vs R&D

AGI runtime requirements

Maximum trade-off

Labour substitution R&D

Returns to hardware

Returns to software

R&D parallelization penalty

Growth rate fraction GWP compute

Growth rate fraction compute training

Wake-up growth rate fraction of GWP buying compute

Wake-up growth rate fraction compute training AI models

Max fraction compute training

Initial biggest training run

Wakeup trigger

Effective FLOP gap (runtime)

Runtime goods vs R&D

Trade-off efficiency

Labour substitution goods

Substitution between capital and cognitive tasks for goods and services

Substitution between capital and cognitive tasks for hardware R&D

Research experiments substitution software

Efficiency of experiments for software R&D

Maximum hardware performance

Maximum software performance

Hardware adoption delay

Growth rate fraction capital hardware R&D

Growth rate fraction labour hardware R&D

Growth rate fraction compute hardware R&D

Growth rate fraction labour software R&D

Growth rate fraction compute software R&D

Wake-up growth rate fraction capital hardware R&D

Wake-up growth rate fraction labour hardware R&D

Wake-up growth rate fraction compute hardware R&D

Wake-up growth rate fraction labour software R&D

Wake-up growth rate fraction of compute software R&D

Max fraction capital hardware R&D

Max fraction of labour dedicated to hardware R&D

Max fraction of compute dedicated to hardware R&D

Max fraction labour software R&D

Max fraction compute software R&D

Max fraction GWP compute

Initial fraction capital hardware R&D

Initial fraction labour hardware R&D

Initial fraction compute hardware R&D

Initial fraction labour software R&D

Initial fraction compute software R&D

Initial vs cumulative input - hardware R&D

Initial vs cumulative input - software R&D

Initial hardware production

Accumulated hardware vs initial hardware production

Initial market hardware performance

Initial GWP

Initial world labour force.

Initial cognitive share goods

Initial cognitive share in hardware R&D

Initial compute share goods

Initial compute share R&D

Initial experiment share software R&D

Initial capital growth rate

Population growth rate

TFP growth rate

Compute depreciation rate

Money threshold training

Training requirements steepness (OOM)

Runtime requirements steepness (OOM)

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