Chamath Palihapitiya warns Meta and xAI will crush expensive AI models as a '$50 barrel of intelligence' price war looms.

Palihapitiya is part of a growing chorus of investors and tech executives who are cautioning that the tokenmaxxing era is coming to an end.

AI spending ballooned as companies pushed workers to use more tokens. Chamath Palihapitiya says CFOs may soon feel the hangover.