An average fitness app would cost you at least $100,000. This estimate doesn’t take into account solutions with complex custom animation and supplementary technologies, such as AI and computer vision. Fitness app development costs depend on the type of the application, its features, design complexity, integration with other components, deployment platform, the composition of the development team and their location, and the technical support you are planning to provide to your

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.

TL;DR Many companies rush into generative AI without realizing just how steep—and unpredictable—the associated expenses can be. Meanwhile, the cost of implementing generative AI in business can range from $0.0005 per 1,000 text units (tokens or characters) if you use a popular commercially available Gen AI tool to over $190,000 for a fully custom solution based on a fine-tuned open-source model.

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