The high cost of AI development and what that means for many countries

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The AI hardware and software market will likely grow between 40 percent and 55 percent annually, potentially reaching $990 billion by 2027, the consultancy Bain & Company projects in its fifth annual global technology report, which was released earlier today. In this episode, David Crawford, a partner and chairman of the consultancy's global technology practice, discusses some of the top takeaways from the report — including whether AI is actually delivering value, and the implications of the high cost of development of advanced AI


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