Hyperscalers versus Token Prices

Reddit r/ArtificialInteligence News

Summary

An analysis of declining token prices for AI models despite new releases like GLM 5.2 and Kimi 2.7, suggesting possible diminishing returns from expensive models.

[https://www.citadelsecurities.com/news-and-insights/global-macro-strategy/tokenomics/](https://www.citadelsecurities.com/news-and-insights/global-macro-strategy/tokenomics/) The trend down in token prices is interesting, especially with the recent releases of GLM 5.2 and Kimi 2.7 .. Definitely some price pressure. It's possible we've hit a wall as to what more expensive models can really provide. Sure, AI can generate more and more sophisticated "me too" slop, but not sure anyone is asking for that.
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