Sam Altman · Fortune Technology
Sweeping Silicon Valley layoffs are proof that tech CEOs are suffering from ‘AI psychosis,’ Box CEO says
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There’s a growing disconnect in Silicon Valley between the corner office and the cubicles.
Key facts
- To be sure, while AI execs are still confident the tech will payoff—betting nearly $700 billion in the AI infrastructure buildout—big names like Sam Altman and Anthropic CEO Dario Amodei
- Uber CTO Praveen Neppalli Naga recently told The Information the company had run through its annual 2026 AI coding tools budget in four months
- A 2025 survey from AI firm Rev found heavy AI users run into three times the number of hallucinations and spend nearly 10 times longer getting answers
- He added: “So when they play with AI, they see the happy path results, often not considering the next 10 or 20 things that have to happen to get sustainable results from agents
Summary
In a recent post on X, Aaron Levie, CEO of content management platform Box, said the quiet part out loud about how his peers in the tech world fail to grasp the full scale of AI work. “CEOs are uniquely prone to AI psychosis because they’re sufficiently distant from the last mile of work that still has to happen to generate most value with AI,” Levie wrote on X. He added: “So when they play with AI, they see the happy path results, often not considering the next 10 or 20 things that have to happen to get sustainable results from agents.” In other words, CEOs see only the best in the tech, far removed from the bugs, hallucinations, and other snafus workers who are doing the grunt work encounter daily.