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      135 AI Inference ‘Currency’ = Tokens *Assumes that the average ChatGPT interaction consumes 200 total tokens (input + output), or 150 words. Thus, 1MM tokens equates to roughly 5,000 ChatGPT responses. Source: OpenAI (1/25) Additional context: 1MM tokens = ~750,000 words…roughly • 3,500 pages of a standard book (12-point font, double-spaced) • 5,000 ChatGPT responses* AI Model Compute Costs High / Rising + Inference Costs Per Token Falling = Performance Converging + Developer Usage Rising

      2025 | Trends in Artificial Intelligence - Page 136 2025 | Trends in Artificial Intelligence Page 135 Page 137