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

AI products and services 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. 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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Every week day, Forbes India's Hari Arakali, Editor - Tech & Innovation, brings you his take on one piece of tech news that caught his attention, covering everything from big tech to India's growing tech startup ecosystem.