Uber lost $3.4 billion over a four-month period, averaging a loss of $28 million per day, without immediately noticing the drain on their accounts.
Key Takeaways
Uber experienced a massive financial leak totaling $3.4 billion over 120 days.
The incident highlights a significant failure in financial monitoring and oversight within a major multinational corporation.
Description
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Uber, a giant multinational mega corporation, didn't notice $28 million leaving their bank accounts every single day for 120 days. We truly live in an AI psychosis society.
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Transcript
Auto-generated transcript
I think token maxing has officially gone way too far when I see headlines like this. Uber burning $3.4 billion in just four months. This is what happens when you set AI usage as the metric and incentivize your workers to use as much of it as you possibly can with completely unrestrained limits. What's crazier is if you ask the Uber CTO where this AI usage even went, they can't even connect it to any real features being built and shipped. They have no idea where all this usage went. And I think I do. It went to the employees building their own personal side projects. It went to summarizing emails and other dumb shit that AI is being used for over here. Because nobody at this company needs $3.4 billion worth of LLM tokens to build any useful feature in the app. And that's not all. That's not all. What I'm about to tell you is going to really blow your mind. You see, $3.4 billion in four months means $28 million every single day. You're telling me that this company didn't even notice $28 million leaving their bank account every single day? Like, that is such a huge amount leaving your bank account every single day, and you're telling me nobody at this giant multinational corporation noticed it? Like, the sheer level of incompetence over here at some of these companies, it's just so fucking crazy. It's honestly crazy how much AI psychosis some of these executives are in. And you know what, I have a feeling that the worst is still yet to come. We are nowhere near the end of this token maxing journey.
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