This may not be true, if we’re talking about computers reaching general intelligence parity with the human brain.
Latest estimates place the computational capacity of the human brain at somewhere between 10^15 to 10^28 FLOPS[1]. The worlds fastest supercomputer[2] reaches a peak of 2 * 10^17 FLOPS, and it cost $325 million[3].
To realistically reach 10^28 FLOPS today is simply not possible at all: If we projected linearly from above, the dollar cost would be $16 quintillion (1.625 * 10^19 dollars).
So, when it comes to trying to replicate human intelligence in today’s machines, we can only hope the 10^15 FLOPS estimates are more accurate than the 10^28 FLOPS ones — but until we do replicate human level general intelligence, it’s very difficult to prove which projection will be correct (an error bar spanning 13 orders of magnitude is not a very precise estimate).
P.S. Of course, if Moore’s law continues for a few more decades, even 10^28 FLOPS will be commonplace and cheap. Personally, I am very excited for such a future, because then achieving AGI will not be contingent on having millions or billions of dollars. Rather, it will depend on a few creative/innovative leaps in algorithm design — which could come from anyone, anywhere.
[1] https://aiimpacts.org/brain-performance-in-flops/