Business Models for AI: Who Pays for the Revolution?

In this episode of Generation AI, hosts JC Bonilla and Ardis Kadiu explore the complex world of business models for artificial intelligence products and services. They discuss recent developments with Google and OpenAI, and break down the various pricing strategies being employed, from free access to premium subscriptions. Ardis shares insights from his experience building AI into Element's higher ed CRM platform. The conversation covers key considerations for monetizing AI, including understanding customer needs, value creation, and strategic pricing. JC outlines eight potential business models, from "AI-first" paradigms to open source approaches. This episode is a must-listen for anyone looking to understand the financial side of the AI revolution.

Om Podcasten

GenerationAI is the groundbreaking podcast designed exclusively for higher education professionals who are keen to navigate the dynamic world of Artificial Intelligence. In a landscape where AI is rapidly transforming how we teach, learn, and engage, "GenerationAI" serves as your essential guide. Each episode delves into the most pressing AI topics, breaking down complex concepts into understandable, actionable insights. Whether you're a marketer, administrator, or tech enthusiast, this show will illuminate how AI is reshaping the academic experience and what it means for the future of education. Join us as we explore the latest news, trends, and developments in AI. From data-driven decision-making to personalized engagement and learning experiences, and the ethical implications of AI in education, "GenerationAI" covers it all. With expert commentary, in-depth analysis, and a focus on practical applications, this show is dedicated to empowering higher education professionals to leverage AI for strategic advantage. "GenerationAI" isn't just about understanding AI – it's about being part of the AI revolution in education. Tune in, get informed, and be inspired to innovate in your educational space with the power of AI.