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The Hidden Costs of AI: How Small Inefficiencies Stack Up

AI is having a major impact on society, from consumer technologies to driving businesses. But among all these large language models and deep neural networks, there are lurking inefficiencies that most people aren’t taking into account. Wasted computational power, hidden costs, the environmental footprint, and more. Whether these inefficiencies are big or small, they all add up. With 58% of companies planning on increasing their investments in AI this year, it’s essential these decision-makers k

Nintendo wants to keep ‘traditional approach’ to development as costs skyrocket

A bigger, more powerful Switch means bigger, more intensive games that take more time and money to make. But as development costs skyrocket across the industry, Nintendo seems to have a plan to keep things in control as it transitions into the Switch 2 era. In response to a question during a recent shareholders meeting about the increased costs of making games for its new console, Nintendo president Shuntaro Furukawa admitted that “recent game software development has become larger in scale and

Nintendo wants to keep ‘traditional approach’ to development as costs skyrocket

A bigger, more powerful Switch means bigger, more intensive games that take more time and money to make. But as development costs skyrocket across the industry, Nintendo seems to have a plan to keep things in control as it transitions into the Switch 2 era. In response to a question during a recent shareholders meeting about the increased costs of making games for its new console, Nintendo president Nintendo president Shuntaro Furukawa admitted that “recent game software development has become

The inference trap: How cloud providers are eating your AI margins

This article is part of VentureBeat’s special issue, “The Real Cost of AI: Performance, Efficiency and ROI at Scale.” Read more from this special issue. AI has become the holy grail of modern companies. Whether it’s customer service or something as niche as pipeline maintenance, organizations in every domain are now implementing AI technologies — from foundation models to VLAs — to make things more efficient. The goal is straightforward: automate tasks to deliver outcomes more efficiently and s

The Tech Job Meltdown

He wrote me a prescription; he said “You are depressed I'm glad you came to see me to get this off your chest Come back and see me later, next patient please Send in another victim of industrial disease” Industrial Disease, Dire Straits The Google campus doesn’t look as friendly as it used to. (this ia actually from Bartertown in Mad Max 3 - you can see Thunderdome in the middle) Since the start of 2023, more than half-a-million tech workers have been laid off. This isn’t the impact of COV