
How Proximity Will Transform Industries with Rob Wolcott
FYI - For Your Innovation
Digital Compression Accelerates Value Creation
The cost of AI technology is declining dramatically, with a predicted annual reduction of 85% in inference costs, enabling advanced models to become compact enough for everyday devices. This shift signifies a transformative difference between digital and industrial age innovations, as digital tools can minimize capabilities into smaller forms, allowing for their distribution throughout the economy. Consequently, digital technologies facilitate value creation that is increasingly aligned with immediate demand and situational needs.
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