@thisismoney: AI costs more than the workers it replaced, according to Forbes 🤖💷 Artificial intelligence was supposed to save companies money, but a new Forbes report argues that many businesses are now discovering the opposite. Rising spending on AI software, computing power and infrastructure is pushing costs far beyond what many expected. According to the report, global spending on AI agents alone is expected to reach £152 billion this year, while major tech firms are set to spend around £543 billion on AI-related infrastructure. Some executives have even suggested that AI can currently cost more than paying human workers. Nvidia’s vice president of applied deep learning recently said that for some teams, the cost of computing power is now higher than employee costs. While companies continue to invest heavily in AI, growing questions are being asked about whether the technology is delivering enough productivity gains to justify the enormous price tag. #ThisIsMoney #Money #News #UK