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The bill comes due: How big tech’s AI gold rush turned into a budget crisis
Fired workers. Cancelled data centres. A $500 million accidental bill. The AI hype cycle is finally colliding with reality — and the industry has a hard reckoning ahead.
A senior economist and affiliate faculty member at University of Washington Seattle, Founder of Infinite Sum Modeling LLC, Seattle and Former Head, Trade, NITI Aayog, GoI, New Delhi.