AI Adoption Outpaces All Previous Tech Revolutions, Report Finds

Venture capitalist Mary Meeker has released a comprehensive 340-page report underscoring the unprecedented rapid development and adoption of AI technology. Highlighting the word "unprecedented" 51 times, Meeker's report, titled "Trends — Artificial Intelligence," details how AI is transforming industries at an unparalleled pace. Key findings include AI's swift adoption, exemplified by ChatGPT reaching 800 million users in just 17 months. The report also notes the significant drop in AI usage costs, with inference costs plummeting 99% over two years, despite the high costs of model training. Competition is driving innovation, with companies offering features at reduced costs, including open-source alternatives, particularly from China. Technological advancements, such as Nvidia's Blackwell GPU using 105,000x less energy per token than its 2014 counterpart, showcase dramatic improvements in energy efficiency. However, the report acknowledges uncertainties in the financial returns of AI investments. While significant capital is flowing into AI, it remains unclear which companies will emerge as long-term profitable leaders. Meeker emphasizes that only time will reveal the financial success of current AI endeavors. As AI continues to evolve, the report underscores the transformative potential while cautioning about the financial risks and uncertainties ahead.

Published: 6/1/2025