Experts predict that the fast-paced world of artificial intelligence (AI) technology will soon become more accessible. This shift is driven by the accumulation of data in the information technology and communication industry (ICT), which has led to a decrease in prices over time.
The ICT sector has experienced significant price reductions over the years, particularly in hardware such as mobile phones, computers, and mobile communication devices. This decrease in prices is largely due to advancements in semiconductor manufacturing, which follows Moore’s law. Currently, the semiconductor industry is experiencing a downward trend in pricing.
One notable impact of these price reductions is the increased affordability of PCs, tablets, and mobile phones for home users. This trend has been amplified by projects powered by free services and advertising-driven models, leading to a more democratic access to technology.
As more AI systems are trained on microchips, the pricing of semiconductor production will also be influenced, resulting in lower costs for AI services. The decreasing semiconductor prices are a sign of the imminent decrease in AI infrastructure prices, making AI services more affordable for businesses and consumers worldwide.
An example of this trend is OpenAI’s GPT-4 Turbo, which was developed to deliver products to customers at a low cost compared to its predecessor. This demonstrates the market’s growing interest in affordable AI systems. While some companies continue to produce advanced AI tools without reducing their prices, the industry as a whole is moving towards more accessible and affordable options.
AI specialists are confident that cost-effective AI services will become more prominent in the near future. With the declining costs of computing equipment and continuous optimization of AI algorithms by engineers, AI services will become even cheaper. The integration of AI into various industries has already improved efficiency, automation, and reduced expenses in areas such as graphic user interface design, tech support, and finance.
Looking ahead, the future of AI is expected to be increasingly cost-competitive and accessible. Companies like OpenAI are leading the way in developing cost-effective strategies, but advancements in semiconductor technology will also play a significant role in lowering costs.
As AI becomes more accessible, both enterprises and individuals can utilize its capabilities to solve complex problems and foster innovation. This marks the first step towards a future where technology is readily available to everyone.
