Companies abandon AI as prices skyrocket

  • Post author:
  • Post last modified:9 June 2026

For the past few years, billionaires and their media lackeys have told us that the AI revolution is inevitable. Opposing this narrative, some are warning that the ‘generative AI’ technology in question lacks the competence or cost-effectiveness for such a transition. And the emerging signs are proving those naysayers correct: NEW: Uber is reportedly capping employee use of AI vibe-coding tools at $1,500 per month after blowing through its AI budget. — Polymarket (@Polymarket) June 2, 2026 Why now? Over the past few weeks, anyone who follows the AI industry will have noticed a big increase in stories like this: Microsoft…

Continue ReadingCompanies abandon AI as prices skyrocket