Costs of AI spur quest for a cheaper chatbot
Generative artificial intelligence tools such as ChatGPT have caught on like wildfire, largely because of their impressive capabilities, but also because they’re free, or nearly free, to use. But just because a service doesn’t charge users doesn’t mean it doesn’t have costs. In reality, sophisticated large language models cost a lot to build and maintain. AI companies will have to recoup that investment eventually, in one way or another. Marketplace’s Meghan McCarty Carino spoke about the high costs of AI chatbots with Will Oremus, technology news analysis writer for The Washington Post. Oremus recently delved into how the financial aspect of AI development could influence the course of the technology.