What CEOs Need to Know About the Costs of Adopting GenAI
Harvard Business Review
NOVEMBER 15, 2023
CEOs must not overlook the intricacies of genAI costs. CEOs must integrate the multifaceted costs into their strategic vision, acknowledging nuances such as inference cost, fine-tuning cost, prompt engineering cost, cloud expenses, talent costs, and operation costs. Additionally, CEOs need to be vigilant about often overlooked expenses, including infrastructure overhaul, data security, and ethical considerations.
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