jacob_cannell comments on Open Thread, Apr. 27 - May 3, 2015 - Less Wrong
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In about a decade we will have machines that cost less than $10,000 and can run roughly brain sized ANNs. However, this prediction relies more on software simulation improvement rather than hardware.
Storage is much less of an issue for brain sims because synaptic connections are extremely compressible using a variety of techniques. Indeed current ANNs already take advantage of this to a degree. Also, using typical combinations of model and data parallelism a population of AIs can share most of their synaptic connections.