Two new consulting reports say AI costs are climbing for businesses and governments. Bain & Company estimates the industry will need $6 trillion in annual revenue by 2031, driven by new markets and products. McKinsey’s study of US government AI use finds per‑token prices falling but total bills growing as AI agents consume more compute. Both firms suggest the spending surge could strain budgets.
Why it matters
Government budget planners may have to allocate far more money to AI services than they currently expect.
