Palihapitiya reports Fortune 20 company spent $200M on AI tokens seeking $1B savings but got minimal results.
“CEO asked for a billion in AI generated OpEx savings at the beginning of the year. So we're six months in. The team has spent $200,000,000 on tokens and with minimal results.”
Palihapitiya predicts CEOs will discover unexpected OpEx misses from runaway AI token spending they don't know about.
“for us. The CEOs and the CFOs, in my opinion, probably have no idea how much token maxing is going on inside of their organizations.”