Posted 12/27/2023, 2:36:36 PM
Uncontrolled AI and Cloud Costs Threaten Innovation
- AI relies heavily on cloud computing resources, which can lead to unexpected costs that are difficult to control
- Cloud service prices and AI/cloud budgets are increasing rapidly
- Generative AI is creating another layer of technical debt and cost for businesses
- The high demands for new generative AI tools combined with costly cloud resources could quickly become financially unsustainable
- Hidden AI/cloud costs have the potential to bankrupt AI innovation by limiting budget flexibility and funding for digital transformation cycles