this post was submitted on 21 Jun 2026
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‘We created a monster’: companies rein in AI usage as costs strain budgets — Amazon, Walmart and Uber are among early adopters that have introduced caps or discouraged wasteful activity (www.ft.com)
submitted 9 hours ago by sanitation@lemmy.today to c/technology@lemmy.world
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[–] floofloof@lemmy.ca 1 points 2 hours ago* (last edited 2 hours ago)

It runs on theft and planet-scale destruction.

You could argue that this is the very nature of capitalism: theft because it always means owners extracting value from other people's work, and ultimately planet-scale destruction because it depends on infinite growth while externalizing (not paying for) the true costs of its activity.

In that sense, AI companies are just a faster-growing strain of the global cancer that is capitalism.