AI makes tech devices expensive
97
Phones and laptops cost more money now. Experts call this ex="0" data-tooltip-term="Artificial Intelligence" data-tooltip-explanation="Artificial Intelligence or AI is computer technology. Computers learn to think like humans. They solve problems on their own.">AI inflation. Artificial Intelligence needs much storage. Big firms build huge computing centers. They buy almost all available storage parts.
Less hardware stays for normal users. Therefore, prices rise for Apple or game consoles. Some prices grew by 20 percent. Experts think this crisis lasts until 2028.
Firms in South Korea want to help. Samsung and SK Hynix plan new chip factories. They want to spend over 500 billion dollars. This shall end the lack of parts. But building factories takes many years.
Less hardware stays for normal users. Therefore, prices rise for Apple or game consoles. Some prices grew by 20 percent. Experts think this crisis lasts until 2028.
Firms in South Korea want to help. Samsung and SK Hynix plan new chip factories. They want to spend over 500 billion dollars. This shall end the lack of parts. But building factories takes many years.
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Definitions
- Artificial Intelligence
- Artificial Intelligence or AI is computer technology. Computers learn to think like humans. They solve problems on their own.
- Hardware
- Hardware means all solid parts of a computer or phone. Examples are the screen, the keyboard or the storage chips.
- AI inflation
- Inflation means that things get more expensive. You get less for the same money than before.
People
- Sanjay Mehrotra
- He is the boss of the company Micron. Micron makes storage chips for computers.
- Jae Myung Lee
- He is the president of South Korea. He plans big investments for the tech industry.
Locations
- South Korea
- This is a country in East Asia. It is important for making tech and chips.
Sources
Notebookcheck
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