AI is driving up consumer prices. That won't stop anytime soon, experts say

Source: Biztoc.com· cbsnews.com· August 14, 2026
AI is driving up consumer prices. That won't stop anytime soon, experts say

The torrent of corporate spending on artificial intelligence in the U.S. is driving up consumer prices, working against efforts to cool inflation. AI requires enormous computing power, driving demand for the semiconductors that enable it. Rising chip costs ar…

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