Companies on track to spend entire employee budget on AI services

Last week, a report from Goldman Sachs revealed that “…companies are overrunning their initial budgets for inference by orders of magnitude (we heard one industry datapoint on inference costs in engineering now approaching about 10% of headcount cost, but could be on track to be on par with headcounts costs in the next several quarters based on current trajectories.” 
https://x.com/GavinSBaker/status/2044476269446770741

Reality seems to be catching up to corporations who use AI. Full article here.

If the true costs of AI services ends up being what you paid for employees already (while being less accurate and accountable), the entire "replacing all jobs with AI" story falls apart. I welcome that, though I'm sure many CEOs don't.