AI Reality Check: Why Apple & Tech Prices Are Skyrocketing | Utilizing AI Episode 34
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The impact of AI is coming home, impacting businesses, manufacturers, and consumers in the form of higher prices for everything.
This episode of Utilizing AI focuses on the impact of the hardware build-out, featuring Frederic Van Haren of HighFens, Jon Swartz of Techstrong, and Stephen Foskett. The SpaceX IPO was huge international news, but the incredible valuation is based on AI services more than rockets of communications satellites.
We are seeing similar discussions around the valuations of Anthropic and OpenAI, not to mention Alphabet, Microsoft, Meta, and others. And Apple made news by dramatically increasing the cost of most products, hitting the pocketbooks of consumers more directly. Discussions of tokenomics must consider not just the volume and cost of tokens but the value provided by this technology. Now that the cost of AI infrastructure is increasingly passed on to consumers, we must begin considering efficiency and effectiveness.
This and more on Utilizing AI, part of the Futurum Group Podcast Network.