Rob Hornby says AI costs are falling faster than those of comparable technologies historically, but remain substantial. He describes companies as being in a transition period: investment is underway while returns are uneven, and the shift from flat fees to per-token charges has exposed costs. He speaks with Romaine Bostick & Jess Menton on "The Close." (Source: Bloomberg)
Rob Hornby says AI costs are falling faster than those of comparable technologies historically, but remain substantial. He describes companies as being in a transition period: investment is underway while returns are uneven, and the shift from flat fees to per-token charges has exposed costs. He speaks with Romaine Bostick & Jess Menton on "The Close." (Source: Bloomberg)
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