The index is in development

Post Labor Economics

Figure 1

GIP: four index families, combined by rule.

Illustrative. The drawing is shown at its authored width when the window is wide enough.

Figure 1. GIP: four index families, combined by rule FIG. 1 / FLOW SCHEMATICILLUSTRATIVEEAI electricity consumedMWH; CRYPTO MINING EXCLUDED1CCompute per MWhEPOCH AI HARDWARE TREND1aQCapability per unit of computeARTIFICIAL ANALYSIS INTELLIGENCE INDEX2ECQGIP Output(produced)LOCATED WHERE POWER IS DRAWNE × C × QΣ+−GIP ConsumedLOCATED WHERE AI IS USED3Share of world AI useMICROSOFT AND ANTHROPIC, AVERAGEDWorld GIP OutputSUM OF ALL COUNTRIES4Net AI exportsPRODUCED MINUS CONSUMEDPOSITIVE = NET EXPORTERGIP Capacity (second view)INSTALLED AI CAPACITY IN PLACE OF EEQ. 1 TO 3GIP Outputc,t​ = Ec,t​ × Ct​ × Qt​GIP Consumedc,t​ = World GIP Outputt​ × use sharec,t​Net AI exportsc,t​ = GIP Outputc,t​ − GIP Consumedc,t​Figure 1. GIP: four index families, combined by rule.AI electricity consumed in country c (family 1), compute per MWh from Epoch AI (1a) and capability per unit of compute from the Artificial AnalysisIntelligence Index (2) multiply into GIP Output, located where the power is drawn. GIP Consumed is world GIP Output times the country's share of AIuse (3), and net AI exports (4) are Output minus Consumed. As in national accounts, where domestic use equals output plus imports minus exports, tradeallocates output between countries and is never added to it. GIP Capacity runs the same chain on installed capacity. Published as growth and countryshares, not dollar levels; advertising revenue is excluded.

Figure 1. GIP: four index families, combined by rule. AI electricity consumed in country c (family 1), compute per MWh from Epoch AI (1a) and capability per unit of compute from the Artificial Analysis Intelligence Index (2) multiply into GIP Output, located where the power is drawn. GIP Consumed is world GIP Output times the country’s share of AI use (3), and net AI exports (4) are Output minus Consumed. As in national accounts, where domestic use equals output plus imports minus exports, trade allocates output between countries and is never added to it. GIP Capacity runs the same chain on installed capacity. Published as growth and country shares, not dollar levels; advertising revenue is excluded.