AI’s monetization and its impact on society

Share post:

The emergence of AI technology has raised the dilemma of how its inventors may benefit from it while avoiding worries of AI destroying humanity or achieving consciousness.

AI-related valuations are soaring, leading to creative revenue strategies. Investors are concerned about the profitability of AI ventures. Current income models include subscription fees, ads, and service sales to other businesses. Energy-intensive computing makes the “free” tier unsustainable, pushing companies to consider subscription and consulting fees. However, this profit focus may neglect ethical considerations, leading to privacy breaches and reduced user control in AI colluding with ad targeting.

Some AI companies, like OpenAI and Anthropic, have adopted structures that seemingly prioritize social goals alongside profits. Nonetheless, there remains a possibility that these commitments could change if the need arises.

In the end, the challenge lies in striking a balance between profit-seeking and responsible AI deployment. The decisions made by AI companies today will shape the technology’s impact on society tomorrow, highlighting the need for transparency, accountability, and careful consideration of the consequences.

The sources for this piece include an article in Axios.

Featured Tech Jobs


Related articles

Cloudflare, Meta partner to democratize AI with Llama 2

Cloudflare has partnered with Meta to make the Llama 2 open-source large language model (LLM) available to developers...

Google Bard chats indexed in Google search

Users of Google Bard are reporting that their conversations with Bard are being indexed and appearing in Google...

Jony Ive and OpenAI working on AI hardware partnership

Jony Ive, the former design lead at Apple, is reportedly in talks with OpenAI CEO Sam Altman about...

AI models show promise in hurricane forecasting

New AI-based weather models are showing promise in hurricane forecasting. These AI weather models work by learning patterns...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways