Archived: The Big AI Question: Are You Ready to Pay for It?

The tech industry has a new strategy for getting us to upgrade our aging devices: artificial intelligence.

Much of the industry’s revenue depends on us buying the newest thing as often as possible. But for years, the gap between cutting-edge devices and older versions has shrunk, prompting both consumers and businesses to hold on to them longer than ever. The average replacement time for phones has grown to three years, laptops to four, and desktops to more than six.