Are there differences in how industries approach AI investment and risk?

Major investments in AI, like Ford’s $2 billion in autonomous cars, show that some industries are spending heavily. However, increased efficiency doesn’t always translate to lower costs for consumers; sometimes, innovation leads to higher costs, raising philosophical questions about the purpose of technological advancement.

Industries like automotive and pharmaceuticals are likely pushing AI investment more aggressively because it’s central to their business direction. For others, the approach is more exploratory.