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- Token prices, a key yardstick for AI costs, have plummeted.
- There are many capable AI models now, and they're pretty similar. That's pushed prices down.
- The AI frontier is now "commodity," Guillermo Rauch, CEO of AI startup Vercel, said.
Late last month, Elad Gil, one of the world's top AI investors, tweeted out a chart.
It shows the cost of "tokens,"...