token
also referred to as: tokens
2 statements across 1 episodes · 1 bullish · 1 bearish · 1 people on the record · first statement Jul 6, 2026 by Cos "Kaz" Nicolaescu · across every show →
Everything said about token, oldest first
Jul 6, 2026 bearish
Nicolaescu expects AI token costs to rise due to energy constraints
“At the end of the day, tokens represent capacity and we're very constrained on capacity. We don't have enough energy. We don't have enough data centers and the demand is, is exponential. And so if I think about it from that angle, I think actually token costs …”
Jul 6, 2026 bullish
Nicolaescu predicts AI companies will spend more on tokens than humans
“If you project out maybe a year or two from now, do you think you're going to spend more on humans or tokens? And I don't think the answer is obviously humans. I think there's actually a good chance you spend more on tokens than you spend on humans.”