AI can cost more than human workers now

IT budgets are getting blown out as some companies increasingly spend more on AI than on employees' salaries.Why it matters: Maybe human labor will be more cost efficient after all. What they're saying: "For my team, the cost of compute is far beyond the costs of the employees," Bryan Catanzaro, vice president of applied deep learning at Nvidia, told Axios. Uber's chief technology officer already blew through his full 2026 AI budget due to token costs, according to The Information. Amos Bar-Jose...