Ara Kharazian is the lead economist at Ramp. Kharazian joins Big Technology to discuss how much companies are actually spending on AI and whether that spending is producing real value. Tune in to hear why Anthropic has overtaken OpenAI among businesses, how AI spending varies dramatically from company to company, and whether “tokenmaxing” is really happening. We also cover Anthropic’s clash with the White House, the resurgence of DeepSeek, Google’s underrated position in AI, and whether the predicted SaaS apocalypse is materializing. Hit play for a data-driven look at which AI narratives are real, which are exaggerated, and where business adoption goes next. Chapters: 00:00 The Impact of Government Regulations on AI Companies 02:51 Anthropic's Market Position and Adoption Trends 05:59 Understanding AI Spending Patterns in Businesses 08:52 The Competitive Landscape of AI Providers 12:00 Evaluating the Cost of AI for Companies 15:01 The Future of AI Adoption and Its Economic Impact 24:25 The Value of AI Investments 31:29 DeepSeq and Open Source Models 39:31 The SaaS Pocalypse: Myth or Reality?