Note that scaling up model size doesn't necessarily refer to context size anyway - may also be things like embedding dimensions size, number of transformer layers, number of experts (MoE), etc.
In general scaling up 10x in size and/or cost between generations is about as much as makes sense, and about as much as can be achieved in a year. Anthropic have explicitly talked about $1B models coming soon, so this isn't just speculation.
It’s possible to scale better than N^2 for some value of “better”. OpenAI has yet to demonstrate that they have the elusive combination of technical sophistication and institutional health to do so. Mistral can run a better model as judged by outcomes on my Mac Studio than GPT-4 is on an Azure disagg rack. Altman seems to understand this.
I’m on record as saying he’s amoral, non-technical, and a clear and present danger to Enlightenment civilization, not that he’s stupid.
I think his math on what it’s going to cost an OpenAI that Karpathy wants nothing to do with to reach the next level is refreshingly candid.