FYI - For Your Innovation cover image

How Proximity Will Transform Industries with Rob Wolcott

FYI - For Your Innovation

NOTE

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.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner