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I went to a dinner last night with a number of CEOs and executives who are building AI products. Two takeaways were: 1. Everyone knows AI is making their company more productive, but many of them are finding it hard to measure the exact impact on the bottom line so far. There are anecdotal examples of margin expansion or cost savings, yet the full financial impact is not understood. 2. Token prices are way too high. Lots of conversation about using different models, harnesses, or other technology to get the productivity lift without the significant increase in compute costs. Bonus: There are young people building very large AI consultancy businesses by going to large companies and saying “you need AI, you dont’ know how to do it, but pay me a boat load of money and we will do it for you.” Very smart of these entrepreneurs.