EPISODE · May 26, 2026 · 7 MIN
🤖 Uber Burned Its Entire AI Budget in 4 Months — And Can't Show Results
from AI News Podcast | Latest AI News, Analysis & Events | Daily Inference · host AI Daily
AI is cracking under the weight of its own hype — and today's episode exposes the fault lines. Uber's COO just admitted the company blew through its full annual AI budget in just four months, with no clear proof it improved anything for users. Meanwhile, the entry-level job market is quietly vanishing — not showing up in headline unemployment numbers, but devastating for new graduates who are now booing AI evangelists at their own commencement ceremonies. Pope Leo XIV dropped a sweeping 42,000-word document this week using AI as a lens to examine concentrated power, eroding democracy, and what he calls digital slavery. On the security front, hackers have moved far beyond simple jailbreaks — they're now exploiting the very intelligence and personality built into modern AI systems. And the race to build AI infrastructure is running headfirst into ethics scandals, outdated energy policy, and nationalist procurement battles. Nobody has this figured out — not Google, not governments, not the Vatican. But everyone is being forced to reckon with it right now.Subscribe to Daily Inference: dailyinference.comLove AI? Check out our other AI tools: 60sec.site and Artificial Intelligence Radio
What this episode covers
AI is cracking under the weight of its own hype — and today's episode exposes the fault lines. Uber's COO just admitted the company blew through its full annual AI budget in just four months, with no clear proof it improved anything for users. Meanwhile, the entry-level job market is quietly vanishing — not showing up in headline unemployment numbers, but devastating for new graduates who are now booing AI evangelists at their own commencement ceremonies. Pope Leo XIV dropped a sweeping 42,000-word document this week using AI as a lens to examine concentrated power, eroding democracy, and what he calls digital slavery. On the security front, hackers have moved far beyond simple jailbreaks — they're now exploiting the very intelligence and personality built into modern AI systems. And the race to build AI infrastructure is running headfirst into ethics scandals, outdated energy policy, and nationalist procurement battles. Nobody has this figured out — not Google, not governments, not the Vatican. But everyone is being forced to reckon with it right now.Subscribe to Daily Inference: dailyinference.comLove AI? Check out our other AI tools: 60sec.site and Artificial Intelligence Radio
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🤖 Uber Burned Its Entire AI Budget in 4 Months — And Can't Show Results
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