Corporations Reeling From Huge AI Costs With No Clear Benefits [View all]

The word for this rhymes with trouble

https://finance.yahoo.com/sectors/technology/articles/corporations-reeling-huge-ai-costs-130438753.html

Costs to access powerful AI tools are soaring, forcing company leaders to ask some difficult questions. As Axios reports, the early warning signs are already here, with Microsoft planning to remove its Anthropic Claude Code licenses after opening up access to the tool just six months ago, reportedly for financial reasons.
-----
It’s a perfect storm as companies ponder the real-world benefits from their costly investments in AI, if there even are any. That’s particularly true for companies finding that some of their employees are using AI models for meaningless tasks — like checking the weather, as one CTO told Axios, which is an incredibly expensive and roundabout way of getting a meteorological update.
----
Then there are ongoing concerns over allowing AI agents to run autonomously could open companies up to new risks, such as data leaks.

It’s an uncomfortable predicament to be for an AI industry making trillion-dollar bets on imminent surges in demand and soaring revenues. As the Wall Street Journal reported last month, OpenAI missed its own targets of reaching one billion weekly active users for ChatGPT by the end of 2025, as well as several revenue goals.