Maxio CEO Branden Jenkins said a weekend coding session automatically generated a $1,000 charge after an AI token wallet refilled from a card set to renew in $1,000 increments. Using Claude from his phone, Jenkins had been debugging and iterating on a project while at dinner. He said agentic AI systems can waste money through model errors, unnecessary conversational detours and weak task management, although he considers employee insecurity, unequal access and inefficiency greater organizational risks. Gartner estimates agentic AI can require 5x to 30x more tokens per task than a standard chatbot exchange, while a WitnessAI survey found 68% of U.S. companies reported at least some AI initiatives running over budget. Separately, Atreides Management CIO Gavin Baker said the firm’s internal AI spending in August 2026 would be roughly 100 times higher than in March and was still approximately doubling monthly. Baker warned of compute inequality as organizations with greater access to processing capacity gain an advantage, while Elon Musk responded to his post, "Interesting."