| Groundwork Reveals the Hidden Cost of AI Today, Groundwork Collaborative and Reset Tech released a new report, 'The Hidden Costs of AI for American Households,' which exposes how artificial intelligence (AI) is already increasing costs for every American in nearly every line of the budget - and how that toll will only grow. AI is already increasing prices for American families, with electronics and electricity bills on the rise due to the AI data center buildout, to groceries and other retail purchases plagued by AI-powered pricing abuses. AI is also making online scams easier to carry out and harder to detect, adding to the estimated $119 billion per year that Americans lose to internet-based scams and cybercrime. The report reveals how corporations are prioritizing profits over affordability. Delta's CEO bragged that AI will increase his airline's profitability by as much as 50%. Tech companies are allowing AI to worsen mental health, which already costs our economy an estimated $282 billion a year. And health insurers are using AI to review claims, leading 60% of doctors to be concerned about increasing denials. |
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At www.commondreams.org from Common Dreams
At www.commondreams.org from Common Dreams
