An Nvidia executive recently said that the cost of compute is now greater than the salaries of his employees. Last week, Mercor’s CEO said the startup is spending more on tokens for internal agents than on employee headcount. As enterprises blow through their token budgets, a big question is: Are companies actually spending more on AI than on humans? Not quite yet, according to fresh research from the Ramp AI Index, which measures the adoption rate of AI among American businesses. The top 1% of…
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