“my honest read is that a significant portion of this spending is driven by competitive fear rather than demonstrated returns. Nobody wants …

“my honest read is that a significant portion of this spending is driven by competitive fear rather than demonstrated returns. Nobody wants to be the company that didn't invest in AI when everyone else did. That's how bubbles get funded, and at some point boards are going to demand a number that justifies it.” 🦔Goldman Sachs reports that companies are blowing past their AI inference budgets by orders of magnitude, with inference costs in engineering now approaching 10% of total headcount costs and potentially reaching parity with salaries within several quarters. KPMG surveyed 2,100 s…

Perhaps because professional investors would look more carefully at the numbers? Wouldn’t want that!
GenAI’s popularity has hit a wall. Hard to see how OpenAI is going to make its numbers, and easy to see why they bought a media company. The…
What happens when you systematically oversell the value of your product for years, while pretty much screwing society along the way? Eventua…
To anyone who read Rebooting AI back in (checks notes) 2019, this is both hilarious and unsuprising. The field has wasted 7 years on an arch…
Don’t fuck him. Don’t bomb him. Boycott him.

Source: Gary Marcus (X) | 2026-04-18

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