I don’t know how many video streaming services you pay for, but I have a LOT.

Netflix, Paramount, Hulu, Amazon Prime . . . and then add-ons for some of them.

But I didn’t sign up all at once—like a slowly boiling frog, it happened gradually over time.

And because you’re paying $8 here and $12 here . . . it can be shocking to see $100/month for video streaming.

I see the same thing happening with AI, but worse.

It’s not that we’re subscribing to tons of AI services (you may be—I’m not judging!), but each of these services is pay-as-you-go.

And it’s not $2 per prompt — it’s less than one cent.

It’s almost insidious how AI costs can creep up on you.

And as we start deploying the “billions of AI assistants” that Zuckerberg talked about a couple of weeks ago, AI costs are going to skyrocket exponentially.

Let’s be honest—AI companies aren’t pushing AI assistants out of the goodness of their precious little hearts.

It’s a license to print money.

This week, we’re diving headfirst into the thrilling and dangerous world of managing AI costs! Mastering this skill is going to be absolutely crucial in the next few years.

Let me start today with some transparency and mindset.

How much does our team spend on AI?

With a team of 9 people working across several clients, including social media management, email generation (NOT THIS ONE LOL), software development . . .

Total cost $163

Is that “a lot?”

Let me first give you my mindset.

I have a full-time job, my entire team is based in the Philippines and English is not their first language

$163/month gives me and my team:

• 24/7 interpreter

• 24/7 translator

• 24/7 copywriter

• 24/7 proofreader

• 24/7 coding assistant

• 24/7 researcher

My team is not only allowed but encouraged to use AI whenever and wherever they need it.

If they want to use ChatGPT to write me a Slack message and it sounds like ChatGPT . . . I DON’T CARE.

The team is insanely productive compared to no-AI.

Do I need to spend $100/month on video streaming services? Absolutely not.

Do I need to spend $163/month on AI? Right now . . .absolutely YES.

Troy's One Cool Thing of the Day

Key Features:

• 🧱 Lego-like Building: Create AI tools intuitively, as if playing with Legos.

• 📚 Ready-made Solutions: Access a rich library of pre-built AI solutions.

• 🔄 Workflow Streamlining: Automate and enhance business processes with AI.

• 🧠 Knowledge Integration: Incorporate public knowledge bases into your AI tools.

• 🛠️ Low-Code Platform: Develop sophisticated AI tools with minimal coding required.

The Bottom Line: AISmartCube offers a user-friendly approach to creating AI-powered tools and assistants, potentially enabling businesses to leverage AI technology more easily and efficiently.

Disclaimer: Just a heads-up! Some of the links in this newsletter might be affiliate links, which means I could earn a small commission if you make a purchase. No extra cost to you… just a way to keep the magic coming!