Why is generating AI art so expensive? Is it because of expensive technology or some other reason?

takes a lot of GPU compute. Lots of processes. Text is cheaper because its less complex

The industry isn't saturated yet and the tech is still adapting.

Generating AI art can be expensive due to the computational power required and the complexity of AI algorithms. However, there are some affordable or free AI art tools and platforms available, like Deep Dream Generator, which can make it more accessible to artists and enthusiasts.