Related papers: Introducing LCOAI: A Standardized Economic Metric …
The growth of large-scale AI systems is increasingly constrained by infrastructure limits: power availability, thermal and water constraints, interconnect scaling, memory pressure, data-pipeline throughput, and rapidly escalating lifecycle…
The levelized cost of energy (LCOE) presents the energy-normalized cost of a generation asset by considering all associated costs (investment and operation) and total generated energy over its life cycle. As LCOE is a levelized value, it…
The rapid adoption of AI-driven automation in IoT environments, particularly in smart cities and industrial systems, necessitates a standardized approach to quantify AIs computational workload. Existing methodologies lack a consistent…
This paper develops a unified framework for evaluating the optimal degree of task automation. Moving beyond binary automate-or-not assessments, we model automation intensity as a continuous choice in which firms minimize costs by selecting…
The rapid rise of large language models (LLMs) has been driving an enormous demand for AI inference infrastructure, mainly powered by high-end GPUs. While these accelerators offer immense computational power, they incur high capital and…
The rapid advancement of Artificial Intelligence (AI) has created unprecedented demands for computational power, yet methods for evaluating the performance, efficiency, and environmental impact of deployed models remain fragmented. Current…
Artificial Intelligence (AI) is being incorporated in several optimization, scheduling, orchestration as well as in native communication network functions. This paradigm shift results in increased energy consumption, however, quantifying…
Real-time AI services increasingly operate across the device-edge-cloud continuum, where autonomous AI agents generate latency-sensitive workloads, orchestrate multi-stage processing pipelines, and compete for shared resources under policy…
Language models have seen enormous progress on advanced benchmarks in recent years, but much of this progress has only been possible by using more costly models. Benchmarks may therefore present a warped picture of progress in practical…
With the increasing penetration of renewable energy sources and energy storage devices in the power system, it is important to evaluate the cost of the system by using Levelized Cost of Energy (LCOE). In this paper a new metric, Levelized…
Developing a reliable parametric cost model at the conceptual stage of the project is crucial for projects managers and decision-makers. Existing methods, such as probabilistic and statistical algorithms have been developed for project cost…
The rapid growth of artificial intelligence (AI), particularly Large Language Models (LLMs), has raised concerns regarding its global environmental impact that extends beyond greenhouse gas emissions to include consideration of hardware…
Recent advances in large language models (LLMs) have dramatically improved performance on a wide range of tasks, driving rapid enterprise adoption. Yet, the cost of adopting these AI services is understudied. Unlike traditional software…
Cloud computing has revolutionized the way organizations manage their IT infrastructure, but it has also introduced new challenges, such as managing cloud costs. The rapid adoption of artificial intelligence (AI) and machine learning (ML)…
Large-language-model (LLM)-based AI agents have recently showcased impressive versatility by employing dynamic reasoning, an adaptive, multi-step process that coordinates with external tools. This shift from static, single-turn inference to…
GenAI services are in an early yet fast expanding phase. Providers compete on model capability and service quality, while the underlying infrastructure remains expensive and heterogeneous across regions, workloads, and compute assets. If…
Debates about artificial intelligence capabilities and risks are often conducted without quantitative grounding. This paper applies the methodology of MacKay (2009) -- who reframed energy policy as arithmetic -- to the economy of AI…
The rapid advancement of artificial intelligence (AI) technologies presents both unprecedented opportunities and significant challenges for sustainable economic development. While AI offers transformative potential for addressing…
Recent years have seen a surge in the popularity of commercial AI products based on generative, multi-purpose AI systems promising a unified approach to building machine learning (ML) models into technology. However, this ambition of…
The convergence of blockchain and artificial intelligence (AI) has led to the emergence of AI-based tokens, which are cryptographic assets designed to power decentralized AI platforms and services. This paper provides a comprehensive review…