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The price of AI is falling; why are enterprises still spending more? Explained

💸 AI Prices Dropped, But The Bills Didn't

Published by OOPSONLINE.IN · Source: The Hindu · 1 min read · · Updated

🍿 OOPS SAYS

Ah, the classic "but it was on sale!" logic, now officially adopted by enterprise IT departments. Turns out cheaper tokens just mean companies are buying way more of them to build even more complex systems.

What actually happened

Artificial intelligence (AI) is turning sharply cheaper to run on a per-token basis. Yet, the amount companies spend on AI is rising as they move from experiments and chatbots to more complex, multi-step applications.

Key points

  • Artificial intelligence (AI) is turning sharply cheaper to run on a per-token basis.
  • Yet, the amount companies spend on AI is rising as they move from experiments and chatbots to more complex, multi-step applications.

Summary based on data provided by The Hindu. Full article available at the original publisher.

  • #ai
  • #price
  • #falling
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