3 odd observations about AI that are probably misleading somehow

Declining adoption? Fewer tokens? Less referral?!

• paid adoption is going down?

• token consumption is shrinking?

• AI is swallowing the news?

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3 odd observations about AI that are probably misleading somehow

Some AI charts that cannot be true, or cannot be true for long.

AI adoption declines?

Random Walk’s experience with AI is that it’s getting better, and I’m using it more.

Nonetheless, there’s some evidence that paid-adoption declined somewhat.

Ramp’s business spend data shows that adoption not only slowed off its astronomical pace, but actually shrunk:

Ramp

Paid-adoption rates dropped 0.5 percentage points to 42%, off of the 42.5% peak.

The drop and/or slowdown in adoption was broad-based, with every sector declining or staying flat, except for manufacturing and healthcare.

I’m not really sure what to make of this, but I wonder if it’s just noisy data—I was skeptical of the very steep increase, so I’m entitled to be skeptical of the decline, as well.

The color that Ramp provides is basically some customer fatigue with price increases, including some churn from paid to free tiers. Anecdotally, apparently Cursor’s price-increases ruffled some feathers, so maybe there is something to that.¹

Token consumption decreasing, too?

This too was also very surprising.