Steve Lucas
speaker
213 appearances
1 recordings
1 series
first heard Jul 2026
last heard 12 Jul
Steve Lucas’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
Now that cost is heavily subsidized by investors, right?
I mean, OpenAI is burning $3 billion a month.
That's a reported reliable number.
You can't lose $3 billion a month.
into perpetuity.
You just can't.
No organization can sustain those kinds of negative economics, no matter how transformative the technology.
So those costs will be borne by someone.
It'll be the consumer and it'll be the enterprise, the business itself.
So we haven't seen the full cost of AI yet, but every CEO I talk to, they say the same thing, which is, wow,
My spend on AI from last year to this year went up 10x, 20x.
You read in the news, people are saying, hey, we got to put a halt or put a stop to this AI spending.
Even Elon Musk, who loves to spend money, put a cap on what his employees can spend at Tesla and SpaceX.
That was a recently reported news item as well.
The point being is that while there's a grace period for now,
Most CEOs in the very short term, the next six months, will start putting caps on the investment within AI internally.
And then there's going to be this heightened demand to see real ROI at a board level before any company spends tens, hundreds of millions, billions of dollars on AI.
Well, we're in a heavy era of experimentation with AI.
To a certain degree, you have to expect AI projects to fail, partly because they're really easy to start, right?
It takes five minutes, you crack your knuckles and you're asking Claude or OpenAI to do things with your business data.
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