Business Insider
US · 19 mins ago
Chamath Palihapitiya says CFOs could be in for a tokenmaxxing shock during company earnings
Chamath Palihapitiya told CNBC that cheaper AI models are "80 to 95% as good" as more expensive ones.
UNIQUE NICOLE/AFP via Getty Images
Chamath Palihapitiya warned that AI token spending could surprise CFOs and lead to earnings misses.
He blamed runaway "tokenmaxxing."
Cheaper models from Meta, Google, and SpaceX are narrowing the quality gap.
AI is getting expensive. Chamath Palihapitiya says he thinks CFOs may be about to discover those costs the hard way.
Palihapitiya, a billionaire…
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