> “Can these AI labs collapse that cost [and] progress the tech enough in a way that it eventually meets in the middle with customers’ appetite for spending?” Sean wondered.

It depends where you buy the tokens from. Jevon's paradox exists in China and not in the US for now.

> In just a few months, companies became obsessed with “tokenmaxxxing,” then turned against it due to the high costs.

Casinos (in the US) telling customers to spend more on tokens, introduces free spins, discounts, resetting limits on peak hours. Then introduces new slot-machine that promises to give better odds to the gamblers, but instead is more expensive to use.

The ones in China did the opposite and made their discount on tokens permanent.

All this 'tokenmaxxing' was an outright scam. Now the AI companies want you 'tokenmaxxing' your agents on loops as the token prices increase.