How much does it cost to build an AI agent? While there’s no single price tag, market benchmarks shed some light on the matter. For a simple rule-based bot, US-based AI developers usually charge $5,000–$25,000. Such bots are best for FAQs or rigid workflows. Moderately advanced machine learning agents, which can handle specific tasks in industries like retail and education, cost $25,000–$80,000 to develop.

Imagine the following scenario on an assembly line. A critical equipment component is about to fail. A traditional sensor misses it. But a multimodal AI sees a microscopic crack in the camera feed, hears the faint, anomalous whine in the audio stream, and feels the subtle vibration in the sensor data. It doesn’t just flag an alert—it diagnoses the problem, pinpoints the machine, and halts the line. A catastrophic shutdown and a million-dollar recall are averted not by hours,

If you are working in the educational sector, you probably noticed that teachers are overwhelmed with administration, while students have to put up with a one-size-fits-all approach to learning and graduate completely unprepared for the demands of the modern workforce.

Did you hear about the self-driving Uber car that hit and killed a woman in Arizona? On another occasion, a facial recognition solution profiled an innocent man of color as a criminal in New Jersey, and Amazon’s AI-powered recruitment tool displayed bias against female candidates.

Artificial intelligence in radiology - use cases and trends

The JustSiftLab team estimates that you would spend at least $60,000 on a minimum viable product (MVP) version of an AI solution. The cost of integrating AI into your technology systems and business processes will rise proportionally to the solution’s type, complexity, and supported use cases. It should be noted that the above-mentioned price only covers your system’s artificial intelligence components; efforts to develop web, mobile, cloud.