Blog topic
AI business
What AI costs, how companies adopt it, and how to read the numbers.
The meter is on, AI is becoming infrastructure spend
AI assistants were sold as flat subscriptions, but long-running agents have variable inference cost. GitHub's move to usage-based Copilot billing is a sign AI spend is becoming cloud spend, here's how to budget for it.
The doorman fallacy in AI strategy
Rory Sutherland's doorman fallacy explains why AI rollouts that only automate the measurable part of a job keep backfiring, and what CBA's reversed layoffs show about it.
A valuation is not a profit statement
Anthropic's Series H numbers got read as proof of profitability. Private valuation, run-rate revenue, recognized revenue, margins and compute subsidy are five different things.