“Pssst. Do you want a taste? Just try it, the first few hits are free …”It’s very telling that even before The Australian Financial Review AI Summit kicked off on Tuesday, two ASX 200 executives had jokingly compared artificial intelligence giants to drug dealers – having hooked their customers on low or even no-cost AI services, they are now hiking prices as usage of tokens, the little bits of data that power AI models, explodes.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
AI’s big cost problem is only going to get worse
Surging artificial intelligence costs are creating sticker shock among Australian executives. But the solution might be healthy for the AI sector in the long term.
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