"We blew through our AI budget in a quarter, for the whole year. It is forcing us to adjust."
-- Dara Khosrowshahi, CEO of Uber.
Derek Thompson's gloss
QuoteFor the AI-value skeptics: They blew thru their annual AI budget in a quarter and they're already pivoting
For skeptics who say the frontier labs have no moat: Once Uber figures out what works, Dara says they'll switch to "efficient models or even "open source."
For the AI boosters: He's still pushing teams to "fundamentally use the power of AI to rebuild systems and processes from the bottoms up"
https://x.com/DKThomp/status/2062251522243891404
WWAAI...
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
https://fortune.com/2026/05/22/microsoft-ai-cost-problem-tokens-agents/
Meanwhile, \r is killing it non-stop;
Yeah, inflation is killing us. Big increases in insurance and utilities and $10K/mo in compute charges, but the home automation system is just amazing now.