IIRC that graph tracks capabilities as time_to_solve a task for humans (i.e. the model can now handle tasks that usually take a human ~8h). Which, depending on what tasks you look at, could be a reasonable finding. I could see Opus 4.6 handling tasks that take ~8h for humans, and that 5.1 couldn't previously handle (with 5.1 being "limited" at 4h tasks let's say). It is a bit arbitrary, but I think this is what they're tracking.
Without knowing more about their methodology, it seems like a lot of the recent improvements have involved the AI itself taking time to complete the task.
At first the models turned a 5 minute task into a 5 second task (by 5 seconds I mean a very short amount of time, not precisely 5 seconds). Then they turned a 15 minute task into a 5 second task.
Opus 4.6 completes 8 hour tasks all the time but (at least in my experience) it isn't spitting the answer out in 5 seconds anymore. It's using chain of thought and tools and the time to completion is measured in minutes or maybe hours.
In my experiments with local LLMs, a substantial part of the gap between frontier and local (for everyday use) is in tooling and infrastructure.
That is why I am sympathetic to the idea we are leveling off. But to bring in the air speed example from the article, I don't think we've reached the equivalent of the ramjet yet. I suspect in the coming years there will be new architectures, new hardware, and new ways to get even more capable models.
I don't know why people are so impressed by 8h.
I trained an LLM to write the whole Harry Potter series, and that took JK Rowling like 17 years.
For my next point on the graph, I'll train the LLM to write the Bible, something that took humans >1500 years.
"It is a bit arbitrary, but I think this is what they're tracking."
I don't know if they can get their numbers right this way, but this seems a way more useful metric, than theoretic capabilities.