The CIOs are concerned that their AI budgets are starting to run out with nothing to show for the costs incurred. Andrew Macdonald, Uber’s chief operating officer, gave voice to the growing concerns when he said he has not yet seen direct improvements in line with AI spending. And it’s not the only one. Increased budgetary awareness contrasts sharply with the free bar tokenmaxxing culture that some companies adopted as AI agents began to spread.…
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The CIOs are concerned that their AI budgets are starting to run out with nothing to show for the costs incurred. Andrew Macdonald, Uber’s chief operating officer, gave voice to the growing concerns when he said he has not yet seen direct improvements in line with AI spending. And it’s not the only one. Increased budgetary awareness contrasts sharply with the free bar tokenmaxxing culture that some companies adopted as AI agents began to spread.…