This video briefly introduces the topic of budgeting for IoT products with some AI capabilities. It covers the importance of having clear, specific goals for your technology implementation. It offers examples of common goals for AI and IoT implementation (e.g., improving efficiency, reducing costs, and enhancing customer experience). You would also learn how to break down the different types of costs associated with AI and IoT products (e.g., hardware, software, maintenance) and gain some insights into how to estimate the costs of each component of your product.

For entrepreneurs, there is a section about suggestions for funding sources (e.g., grants, partnerships, crowdfunding) that might be helpful for commercialization.

There is a lot to learn about budgeting for AI and IoT products but this video serves as a great start! So if you're interested in learning how to budget for your IoT product, be sure to watch!

Some relevant resources mentioned in the video

• WearAbout product use-case

• Digikey https://www.digikey.com/

• Mouser https://www.mouser.com/

• Octopart https://octopart.com/

• Arrow Electronics https://www.arrow.com/

• Newark https://www.newark.com/

• National Science Foundation (NSF) https://www.nsf.gov/

• Small Business Innovation Research (SBIR) https://www.sbir.gov/

• National Institutes of Health (NIH) https://www.nih.gov/

• Kickstarter https://www.kickstarter.com/

• Indiegogo https://www.indiegogo.com/

• GoFundMe https://www.gofundme.com/

• Accelerator and incubator programs https://incubatorlist.com/top-artificial-intelligence-startup-accelerators-incubators-and-vcs/

This video was co-created with AI technologies like chatgpt and voicemaker. All facts were verified by me, a human of course :)

Disclaimer: This video is not sponsored by any company or brand. All opinions and views expressed in this video are solely mine and based on my personal research and experience. Any product recommendations or endorsements are made solely on my belief in their quality and usefulness.