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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[–] 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