On Gemini it is actually going up

On average the change was a cost decrease because of the thinking token price decrease.

For people who do not need thinking they can use flash lite which is cheaper as well.

Sounds like the product is stagnating and the only way to get the better thing is to pay more, which is kind of like saying you can get a faster server if you pay more. That isn’t moore’s law-style progress.

If AI is truly progressing at the amazing rate that everyone is claiming then we should be continually getting better capability at the same price.