
Elon Musk has capped Tesla employees' spending on AI at $200 a week as companies seek to rein in runaway bills.
>Mr Musk said earlier this year that AI would allow "output" per Tesla worker to get "nutty high".
>But the push to use AI has led to soaring bills, as the cost of using these systems rises with demand. There are fears that staff are also wastefully using AI to carry out menial tasks in an attempt to demonstrate they are using it.
>Several companies are now seeking to rein in staff use. Uber, which had told employees to use AI as much as possible, recently limited usage to $1,500 per month, while Meta, Walmart and Coinbase have all said they will introduce caps.
>The limits mark an about-turn from the "tokenmaxxing" trends in which staff were measured by how many tokens, a unit of AI usage, they were consuming.
>A pull-back on corporate AI usage has stoked fears of a potential stock market crash. Heavy spending on AI infrastructure by labs has helped propel markets to new heights, but this investment is predicated on rapid adoption of the technology.