You're going to pay more for lots of things. Blame AI.
Business Insider – Tech
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Apple CEO Tim Cook says rising AI costs have made price hikes for iPhones and other products "unavoidable." WWDC We've gotten used to lots of reasons for higher prices: Remember supply chains? Tariffs? Now we're getting a new one: AI data centers. Apple CEO Tim Cook is one of many corporate leaders who say the AI boom is pushing their costs way up — and they're going to pass those costs onto consumers. Your next iPhone is going to be more expensive than the last one you bought. Same thing for your next Xbox. And it could well be true for your next PC, or TV — or just about anything else with electronics inside it. Blame AI. That's the messaging we're getting from the C-suites across the country: A steady drumbeat of company leaders saying that the AI boom means that chips and other components they need for their products are getting snapped up by AI companies. That means their costs are going up, and they're going to pass those rising costs along to consumers.
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Apple CEO Tim Cook says rising AI costs have made price hikes for iPhones and other products "unavoidable." WWDC We've gotten used to lots of reasons for higher prices: Remember supply chains? Tariffs? Now we're getting a new one: AI data centers. Apple CEO Tim Cook is one of many corporate leaders who say the AI boom is pushing their costs way up — and they're going to pass those costs onto consumers. Your next iPhone is going to be more expensive than the last one you bought. Same thing for your next Xbox. And it could well be true for your next PC, or TV — or just about anything else with electronics inside it. Blame AI. That's the messaging we're getting from the C-suites across the country: A steady drumbeat of company leaders saying that the AI boom means that chips and other components they need for their products are getting snapped up by AI companies. That means their costs are going up, and they're going to pass those rising costs along to consumers. Apple CEO Tim Cook made h
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