this post was submitted on 21 May 2026
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https://www.axios.com/2026/04/26/ai-cost-human-workers Uber's chief technology officer already blew through his full 2026 AI budget due to token costs, according to The Information.

Lol. Lmao even

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[–] Ramenator@lemmy.world 15 points 19 hours ago (4 children)

AI is one of, if not the most invested in yet unprofitable industries in the history of humanity.

I think there are some Dutch tulip farmers who would like a word with you

[–] MeThisGuy@feddit.nl 1 points 6 hours ago

hey you leave us out of this!
that was a long time ago, and now approx a 3rd of flowers worldwide come through here in one of the top ten largest open buildings in the world (still) and we invented the Dutch auction..

so suck it

[–] kryptonianCodeMonkey@lemmy.world 20 points 18 hours ago* (last edited 18 hours ago) (1 children)

Not quite the same. The tulip industry was making money hand over foot. It was the speculators that ended up being shafted. Tulip mania was more comparable to the beanie babies craze, or even NFTs. AI companies, on the whole, are making no profit at all.

[–] TranscendentalEmpire@lemmy.today 7 points 17 hours ago (1 children)

It makes more sense if you position Ai companies as the speculators and chip makers as the actual tulip producers.

[–] kryptonianCodeMonkey@lemmy.world 6 points 16 hours ago* (last edited 16 hours ago)

It would if all the the chip makers weren't making chips on credit from a broke ass industry. Though they'll likely get paid with a bailout including interest, so... they will probably still make out alright regardless

[–] LodeMike@lemmy.today 2 points 13 hours ago

Didn't that last a month (shorter by a factor of 50 so far)?