Patel's firm spent under $100k annually on AI in November before Claude Code adoption.
“What we had was that we had a subscription to every model or we had a subscription to the $200 tier for a chat GPT for every user.”
Patel says their AI spending equals over a third of employee compensation for their 90-person firm.
“We're spending, you know, more like, you know, more than a third of the spend, you know, employee spend, a third of it is also on top of that is AI.”
Patel's firm's AI spending jumped from under $100k to $11 million annually within months.
“by the end of January, our ARS, right, our our our annual recurring spend had hit $4,000,000. And that's because people were using Cloud Code. Now today, it's about $11,000,000.”
Patel says token costs now represent 30% of total costs versus 70% employee costs at his 90-person firm.
“My my own company of 90 people, 30% of my cost now is tokens versus 70% employee costs. It's it's it's there's token maxing is happening.”