Banking giant Goldman Sachs says companies are spending a lot more on AI than anticipated, way faster than their budgets were designed to handle. In a new post on X, Atreides Management CIO Gavin Baker shares an excerpt from a Goldman Sachs report, which notes that companies are now spending nearly a tenth of their
  • kibiz0r@midwest.socialEnglish
    6·
    22 hours ago

    Over-budget on the user side, sure. Gimme the numbers on the vendor side though. They’ve gotta be bleeding money at an eye-watering rate. Can we please end the subsidies so that we can all agree on the reality that this is not a sustainable practice?