What does AI really cost? Tokenomics explained | Dan Waibel

You’ve probably heard of AI tokens, but what exactly are they? What does a token mean in different situations, and more importantly, why should you care?
Understanding how much we are spending on AI is vitally important for an organisation’s bottom line, especially as AI agents become more and more widespread. This week, Technology Now starts a 2-part introduction to tokenomics: the economics of using AI, joined by Dan Waibel, Global Chief Data and AI Officer at HPE, to discuss:

• What a token actually is and how it relates to the cost of AI
• Why token consumption is accelerating, despite…