How Organizations Can Address the Cost Barrier to AI Adoption

The promise of AI is intriguing, offering businesses the opportunity to unlock unprecedented efficiency, innovation and growth. Yet, for many, this potential remains frustratingly elusive. The high cost of entry, driven by factors such as unpredictable cloud pricing models and demanding compute requirements, poses a significant barrier to adoption, particularly when it comes to powerful new tools like Generative AI.

The solution lies in democratizing access to AI, making this disruptive technology affordable, accessible, and achievable for businesses of all sizes. By breaking the cost barrier, businesses can unlock a new wave of innovation and unlock the true potential of AI tools across every industry. Fortunately, we’re already seeing signs of progress.

Subha Tatavatti

Breaking Barriers: Marketing AI for Everyone

Just as cloud computing transformed the technology landscape by making computing power widely accessible, AI is on a similar trajectory. The commoditization of AI, driven by factors such as standardized models and accessible platforms, will be crucial to making it affordable and viable for all types of businesses.

Crucially, this journey to accessible AI relies heavily on collaboration and partnership. By working together, companies can pool resources, share expertise, and develop tailored AI solutions that address their specific needs, while also addressing the cost and efficiency challenges of high-compute workloads. This collaborative approach is essential to ensuring that AI benefits everyone.

The potential applications of AI are vast and span every conceivable industry. As AI becomes more commercialized, we can expect to see a surge in innovation as businesses of all types discover how to use this technology to solve their unique challenges.

From Cloud to Edge: The Technologies Democratizing AI Access

One of the key technologies driving the democratization of AI is Edge computing. Edge computing brings AI capabilities closer to data sources, enabling real-time processing and decision-making across industries. No-code/low-code AI platforms enable users with limited programming skills to build and deploy AI models without extensive coding, increasing the accessibility of AI development. AutoML tools automate model selection, training, and optimization, simplifying the AI ​​development process for non-experts.

Additionally, federated learning enables AI models to be trained on decentralized edge devices, addressing privacy concerns and enabling broader participation in AI model training. These developments are poised to expand access, simplify development, and facilitate the deployment of AI across diverse applications and environments.

Another area of ​​democratizing innovation is allowing some AI models to run on CPUs instead of GPUs. Large Language Models (LLMs) process huge datasets during training, and most of their computations during both training and inference involve matrix multiplication, which are typically performed in parallel. GPUs, with their thousands of cores, are inherently designed to support highly parallel computations much better than CPUs. This is a key reason why GPUs are much better suited to running LLMs than CPUs. Additionally, the high memory bandwidth of GPUs is better suited to moving the many intermediate data points involved in LLM computations between memory and processing units.

However, with recent advancements such as quantization, State Space Models, and frameworks like MLX that use unified memory, we are starting to make it possible to run Small Language Models (SLMs) or some quantized LLMs on CPUs. This is another clear example of technologists understanding more about how to leverage the capabilities of AI and apply the technology in a practical way.

A future powered by AI: unlocking potential across sectors and society

The trajectory of AI suggests that it is poised to redefine not just the structure of the underlying technology, but the process of how we work, collaborate, and even communicate. This profound shift will drive innovation, economic growth, and societal progress. The key will be to ensure that this shift is accomplished ethically and safely, so that it remains a positive transition, not a negative one.

To drive broader AI adoption, organizations must address these multifaceted barriers through a holistic approach that encompasses technical, organizational, ethical, and legal considerations. But before we get there, it’s important to address the challenges that are hindering AI adoption. The prevailing skills shortage will be a huge challenge for AI adoption. From a senior leadership perspective, the skills shortage would make AI implementation more difficult, as no one can help address the complexities of integrating AI solutions with existing systems and workflows.

As a first step to addressing this, there is a need to upskill employees so that there is limited resistance to change within organizations and employees with the right skills can work alongside AI systems. This would alleviate concerns about data privacy and security issues of the AI ​​systems, as there will be trust from all employees on AI systems.

I am confident that the current generation of leaders is up to the challenge of democratizing AI. The signs of progress are everywhere, from the rise of edge computing to the ability to run AI models on CPUs, demonstrating a commitment to making AI more accessible and affordable. This push for democratization will unleash a wave of innovation across every industry, transforming not only our technology but the way we work and connect.

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This article was produced as part of Ny BreakingPro’s Expert Insights channel, where we showcase the best and brightest minds in the technology sector today. The views expressed here are those of the author and do not necessarily represent those of Ny BreakingPro or Future plc. If you’re interested in contributing, you can read more here: https://www.techradar.com/news/submit-your-story-to-techradar-pro

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