Much of the conversation around enterprise AI economics has focused on a single metric, namely, the rapidly declining cost of LLM inference. Corporate leaders look at the shifting price per million tokens, which has plunged over 90% across the industry’s leading models over the past two years, and assume that the economics of generative AI are safely under control. These pricing reductions are a genuine milestone, enabling companies to deploy intelligence at a fraction of what it cost a year…
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