Is AI Cost Increasing or Decreasing A Practical Guide for Modern Businesses

The blog "Is AI Cost Increasing or Decreasing? A Practical Guide" explains that AI costs are significantly decreasing over time, with experts like Sam Altman highlighting that the cost of using AI is dropping nearly tenfold every year. The rise of smaller, more efficient models and the growth of open-source alternatives are intensifying competition, further pushing down expenses. However, despite the overall cost reduction, factors such as data quality, model complexity, and deployment needs still play a role in the total costs of AI implementation. In India, AI adoption is booming, with the market expected to reach $17 billion by 2027, supported by a rapidly expanding talent pool and increasing investments. As a result, businesses across industries are actively using AI to improve efficiency, decision-making, and customer experiences, making AI an essential part of modern business strategies.