AI & Tech
Galloway Claims AI Bubble Forming as Uber Exhausts Budget in Two Months
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"Uber ripped through its AI budget in 2 months, and the CFOs of every business are saying, these bills are out of control, and I need people, managers, to start telling me what we're getting, what the return is. When we spend $40 million at Uber on AI, how is that getting Jesse's, you know, QX60 to her house faster?"
Scott Galloway argues that AI commoditization is happening rapidly, with major corporations struggling to justify massive AI expenditures. He cites Uber burning through its entire AI budget in just two months as evidence that CFOs are demanding accountability for AI spending. Galloway predicts this represents early warning signs of a major market correction, comparing the coming crash to 2008 bailouts.
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