The AI boom is driving up prices for everyday electronics, affecting consumers beyond just job concerns. Apple recently increased MacBook and iPad prices by up to 25%, citing soaring memory chip costs due to AI demand. Similarly, Microsoft announced Xbox console price hikes because of a memory squeeze that has more than doubled storage and memory costs. This trend also impacts gaming consoles from Sony and Nintendo. The AI boom is acting as a massive buyer of scarce resources, including chips, electricity, and data-center space. This is an unprecedented challenge for device makers, reversing decades of falling consumer gadget prices. Apple stated they have never seen component prices increase so much, so quickly. Microsoft highlighted that the consumer electronics industry is struggling, especially consoles which are often sold at a loss. Prices for computer software and accessories have jumped significantly, ending an era of consistent price decreases. While job impacts from AI are still developing, financial concerns like higher utility bills and device costs are already emerging. Ultimately, the first tangible economic impact of AI for many Americans is being felt directly in their wallets.