It’s actually getting a bit out of hand, isn’t it? Governments are vying for AI dominance with a desperation harking back to the nuclear arms race. The market is as moody as an adolescent — a rabid fan of AI one second, and completely over it the following. Main enterprises lower workers and elected officers bend land use guidelines all as a part of thrilling “strategic AI investments.”

American AI corporations have invested a whole lot of billions to construct AI instruments, whereas a Chinese language AI startup claims to have whipped one up in a couple of million. Whereas some media corporations are assembly AI giants with multimillion-dollar lawsuits, others are assembly them with multimillion-dollar partnerships. The Display Actors Guild is combating to forestall studios from making AI-generated variations of film stars whereas film stars are starring in adverts for AI corporations throughout Monday Night time Soccer. AI can resolve the knottiest challenges of the local weather disaster, some say, however operating AI might worsen the local weather disaster. There are oodles of latest AI-enabled cybersecurity instruments available on the market, which you will want, to defend towards new AI-enabled cyberattacks.

And regardless of this, regardless of all of the bells and whistles, sturm und drang, many CIOs have a look at their very own AI story and discover it … slightly boring.

A bit gradual and tedious, possibly. The identical fundamental story line: not on time, over funds. Even when they see a optimistic return on their funding, the venture is likely to be a letdown.

So, what’s the actual value of AI? What’s the value tag CIOs must pay within the quick time period and what’s the price to their enterprise — and to society — within the long-term?

That’s a protracted query. So on this particular report that we’ll roll out throughout three weeks, InformationWeek will delve into direct and ancillary prices of investing in AI. What are the varied prices of growing AI internally versus hiring third-party sources, the affect on group, the surroundings by the drain on energy, and regulatory enforcement on the know-how. What is going to it value an enterprise in actual and social forex to pursue AI? And may we afford what it’ll take to ship on AI’s promise?

Right here’s what’s coming:

Week 1: The prices and the hidden prices.

Video: What Is the Cost of AI: Examining the Cost of AI-Enabled Apps

The trail to realizing these AI expectations, nonetheless, comes with a wide range of prices that aren’t all financial — and will have stunning impacts on the world.

Video: If Everyone Uses AI, How Can Organizations Differentiate?

As AI saturates the market, what turns into of its aggressive benefits? Does it turn into a fundamental, digital commodity within the background?

Week 2: The sudden calls for for AI, significantly generative AI, have outpaced the world’s capability to provide it.

Week 3: How are you going to use AI extra effectively and extra successfully, to maintain prices down and enhance outcomes?