Data from a16z shows a Jevons paradox in the AI market: token prices keep falling, but H100 GPU rental prices hold steady or climb. Cheaper AI drives demand faster than costs drop. If that demand flattens, the chain fro…
Token 价格决定了每个 AI 产品的利润下限。厂商一调价,就会波及竞争对手、路由选择和每个下游功能的成本。
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