tech
AI costs are coming to consumers
A slew of tech earnings predict an expensive future for everyday electronics buyers, and big developments in the UK tech world
TL;DR
- Tech giants' earnings reveal a trend of massive spending on AI infrastructure.
- Increased demand and constrained supply of memory chips are driving up costs for electronics.
- Consumers are likely to face higher prices for devices like smartphones and personal computers.
- Chip manufacturers like Samsung and SK Hynix are experiencing record profits due to this demand.
- Google DeepMind workers in London are petitioning to unionize, partly due to concerns over military work with the US Pentagon.
- UK police are expanding their use of live facial recognition technology.