2min snip

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

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode