AI is unaffordable – unless it is subsidised

 What’s already abundantly clear but verboten to say, as it would pop the bubble of AI valuations and triumphalism, is that AI is unaffordable once the direct and indirect subsidies are withdrawn. 

Nothing that consumes this much electricity and requires such an immense scale of costly processing and memory capacity can be low-cost, never mind free.

The major AI platforms and vendors are subsidising corporate and individual users in the hopes that they can achieve AI sector dominance – and the pricing power that comes with it – via the “network effect,” the dominance generated by having the majority of users bound by habit or dependence to your platform or tools....<<<Read More>>>...