Generative AI is altering consumer tech but faces challenges in monetization due to low adoption rates and high costs. However, tech giants are investing in viable solutions.
GenAI is increasingly becoming a staple in consumer technology, particularly with the integration of small language models in edge-AI and on-device AI applications.
However, monetising these AI capabilities poses significant challenges, as evidenced by the tepid consumer response to premium AI services and the high operational costs associated with GenAI. (Verdict)