Token Throughput
The rate at which a person or organization can productively consume AI inference tokens — the new utilization metric, and a metric that invites gaming.
Also known as: token throughput, Token throughput, token burn, tokenmaxxing, tokens (as consumed by CMOs)
How authors use it
Oldest first (extraction date when no publication date is known).
| Author | Their term | Their meaning |
|---|---|---|
| Skill Issue: Andrej Karpathy on Code Agents, AutoResearch, and the Loopy Era of AI No Priors: AI, Machine Learning, Tech, & Startups · 2026-03-20 | token throughput | The rate at which you can consume AI inference tokens — the new equivalent of GPU utilization, representing your productive capacity |
| Wow, this tweet went very viral! Andrej Karpathy · 2026-04-02 | token throughput | The volume of LLM input/output tokens consumed by a user's workflow, here shifting from code to knowledge manipulation |
| LLM Knowledge Bases Andrej Karpathy · 2026-04-10 | token throughput | The volume of LLM tokens consumed per unit time, here shifting from code generation to knowledge manipulation. |
| Hard truths about building in the AI era | Keith Rabois (Khosla Ventures) Lenny's Newsletter · 2026-04-12 | tokens (as consumed by CMOs) | AI inference compute — LLM API calls. Rabois predicts marketing will consume more AI compute than engineering. |
| I benchmarked CC's caveman plugin against 'be brief'. The token math is wild. TroyHay6677 · 2026-04-30 | Token burn | The rate at which output tokens are consumed, treated as a resource management problem analogous to CPU profiling |
| Reinventing team flow within AI uncertainty Avanscoperta Blog · 2026-05-14 | Tokenmaxxing | Borrowed from Gergely Orosz: the pattern of organizations incentivizing AI usage by measuring token consumption, which the author argues is close to certain to be gamed and is especially unreliable in collaborative settings like pairing. |
| This Week in AI: Production Viability Michelle Smith (O'Reilly Network) · 2026-06-06 | tokenmaxxing | Optimizing for token volume as a proxy for AI productivity, which incentivizes inefficient code and runaway spend |
| The tokenmaxxing party is over, and Revenium is mopping up Chris J. Preimesberger · 2026-06-09 | tokenmaxxing | The ~18-month corporate phenomenon of maximizing token/LLM consumption as an internally tracked metric (including leaderboards ranking engineers or departments by tokens consumed), driven by top-down mandate rather than tied to business outcome. |
| The 8 software engineering metrics AI broke Michael Hill · 2026-06-16 | Tokenmaxxing | The practice of deliberately maximizing AI token consumption to game a productivity metric rather than to produce better software — presented here as the purest current instance of Goodhart's Law under AI. |
| Agentics / Tech Things: Tokenmaxxing is dead, long live tokenmaxxing theahura · 2026-06-27 | tokenmaxxing | Deliberately maximizing AI inference-token consumption as a policy or strategy — spending (or encouraging spend of) large sums on tokens as an end or a forcing function, not merely as a byproduct of doing work. The author splits it two ways: temporally (v1 = subsidy-era incentive-gaming to force adoption, now dead; v2 = ROI-driven maximal spend justified by compounding correctness, being reborn) and by target ('tokens for your developers' via Claude Code + loops, vs 'tokens for your pipelines' via brittle custom agents). |
| The Pulse: Interesting AI coding stats from Cursor The Pragmatic Engineer (Gergely Orosz) · 2026-07-09 | tokenmaxxing | Raised as a possible explanation for power users' extreme volume — spending tokens to top usage leaderboards rather than to ship value. |
| What is “loop engineering?” The Pragmatic Engineer · 2026-07-14 | tokenmaxxing | Per the section-5 preview only: implied to describe loop setups (especially at companies paying per-token API prices) that burn tokens/cost disproportionately once looping is adopted uncritically — the term itself is not defined in the available text. |
| How building software is changing at Anthropic The Pragmatic Engineer · 2026-07-28 | Tokenmaxxing | Gaming or inflating token-usage metrics that a token budget or leaderboard would otherwise incentivize; named here only to say Anthropic doesn't have this problem because there is no token budget or usage tracking to game. |
| Presentation: A Few Predicted Talks From QConAI 2030 Meryem Arik · 2026-09-14 | tokenmaxxing (reframed) | A metric she borrows from another QCon talk and reframes: rather than maximizing raw token consumption, the thing to maximize is the ratio of delivered output to total cost (salary plus token spend) -- someone spending $20,000/month on tokens can be exactly as good as someone spending $500/month if their output justifies it. |
Documents (17)
- Introducing System One Models & Jev typesafe.ai · 2026-09-15 source ↗ Reader 🖥️
TypeSafe AI is launching "System One Models" and its first model Jev — a non-autoregressive architecture trained via a new method (RLCD) to emit typed, calibrated probabilistic decisions in parallel instead of generating text — claiming order-of-magnitude speed and cost advantages over LLMs for embedded software decisions, while candidly flagging some of its own evidentiary limits and leaving its most skeptic-facing questions (independent benchmarks, "is this just a smaller LLM") unanswered in the captured document. - Presentation: A Few Predicted Talks From QConAI 2030 Meryem Arik · 2026-09-14 source ↗ Reader 🖥️
As falling per-unit token costs and near-zero-cost software collide with rising use-case demand, non-technical builders, and parallel agent architectures, the decisive challenge for software organizations through 2030 shifts from producing more code to governing who builds it, what it costs, and how humans supervise it -- a shift that will also redefine what makes a good software engineer and, as public backlash grows, force new AI regulation. - TBM 437: Tokens, Hours, Points, and Other Curious Proxies John Cutler · 2026-08-17 Reader 🖥️
Tokens are the latest in a lineage of seductive measurement proxies -- hours, story points, flow metrics -- that organizations mistake for a theory of value because they happen to be unusually easy to measure, and the fix is not a better proxy but making the underlying causal model of value explicit (treating the team as the cost unit, funding durable lanes, stating falsifiable hypotheses) so that ROI becomes the *output* of that model rather than a number computed directly from an easy-to-meter input. - How building software is changing at Anthropic The Pragmatic Engineer · 2026-07-28 Reader 🖥️
Inside Anthropic, AI has not eliminated the traditional structure of software engineering (planning, PRDs, cross-team alignment, code review) so much as relocated where the effort and the bottleneck sit — from writing code to verifying it, and from one engineer working alone to fleets of parallel AI agents whose output is checked, merged, and increasingly re-reviewed by other AI, while every design assumption must now be re-tested at each new model generation. - What is “loop engineering?” The Pragmatic Engineer · 2026-07-14 Reader 🖥️
“Loop engineering” — designing the orchestration around an AI coding agent (goals, completion checks, state persistence, fresh-context iteration) rather than hand-writing one-off prompts — is a real practice that originated as a DIY workaround (the “Ralph loop”) for small context windows, but by mid-2026 major harnesses had absorbed most of it into a native /goal primitive, so for most developers besides those building AI infrastructure, it is a largely-already-commoditized skill rather than a durable new discipline. - Adam Mosseri: AI is a tailwind for authenticity Adam Mosseri (guest); Lenny Rachitsky (host) · 2026-07-11 Reader 🖥️
Because AI makes creation nearly free and floods the world with synthetic content, the scarce and durable human advantages become taste, judgment and authenticity — which Mosseri argues is a tailwind rather than a headwind for Instagram (audiences will seek out real people and creators, not less), and which in turn reshapes how work is organized: teams compress into small generalist 'pods' led by a new 'product staff' role, while hiring rewards curiosity, grit and a willingness to try over deep specialization. - The Pulse: Interesting AI coding stats from Cursor The Pragmatic Engineer (Gergely Orosz) · 2026-07-09 Reader 🖥️
Cursor's two years of aggregated usage data show that AI-coding output is extremely power-law skewed across developers, that its cost is dominated by input/context-reading tokens (making caching decisive), and that developers are rapidly abandoning manual review of AI-written commits. - Agentics / Tech Things: Tokenmaxxing is dead, long live tokenmaxxing theahura · 2026-06-27 Reader 🖥️
Tokenmaxxing — deliberately spending large amounts of AI inference tokens — was born as a purposeful blunt-force tactic to force AI adoption past resistant employees and died once vendors withdrew subsidies and raised prices, but it will be reborn on genuine-ROI footing because a new 'compounding correctness' regime (more tokens now reliably yield better results, making unsupervised 24/7 agent loops worth running) plus cheap open models run in loops make maximal token spend economically rational rather than mere incentive-gaming. - The 8 software engineering metrics AI broke Michael Hill · 2026-06-16 source ↗ Reader 🖥️
Software engineering metrics were built on the assumption that human effort and output move in rough proportion, and AI has severed that link by making activity nearly free — so activity/volume proxies (deployment frequency, cycle time, PR and commit volume, lines of code, satisfaction, efficiency/flow, DevEx/DXI) now measure tool adoption rather than engineering quality, while only outcome-based measures (time to recover, escaped defect rate, delivered value) remain trustworthy, because they measure what happened rather than how much happened. - The tokenmaxxing party is over, and Revenium is mopping up Chris J. Preimesberger · 2026-06-09 source ↗ Reader 🖥️
The unconstrained 'tokenmaxxing' era of corporate AI adoption is ending because uncontrolled token and agent spend has become a material, unforecasted cost line, and the fix — as Revenium's new AI Insights feature illustrates — is runtime-instrumented, transaction-level cost attribution that extends beyond visible token cost to the downstream services agents trigger, turning AI spend from an opaque bill into a ranked, actionable, and eventually workforce-style accountable line item. - This Week in AI: Production Viability Michelle Smith (O'Reilly Network) · 2026-06-06 Reader 🖥️
AI's current bottleneck is not capability but measurement: practitioners and organizations are producing prodigious output (tokens, code, recommendations, profiles) while lacking the contextual judgment, metacognitive discipline, and incentive structures needed to tell which output is actually worth shipping. - Reinventing team flow within AI uncertainty Avanscoperta Blog · 2026-05-14 source ↗ Reader 🖥️
Because large language models can touch nearly every step of software delivery at once rather than one isolated area, teams should respond to AI-driven uncertainty not with individual-level incentives or isolated experiments but with continuous, team-owned experimentation — resetting rituals, replacing estimation with throughput, and shifting from fixed roles to dynamic contributions — because the alternative (local, uncoordinated optimization) can make the whole system worse even when each individual change looks like a win. - I benchmarked CC's caveman plugin against 'be brief'. The token math is wild. TroyHay6677 · 2026-04-30 source ↗ Reader 🖥️
Extreme token compression (via the Caveman plugin or equivalent system prompts) delivers 70-75% output token savings on routine coding tasks but degrades reasoning on complex problems, so practitioners need a hybrid approach that toggles compression based on task difficulty. - Hard truths about building in the AI era | Keith Rabois (Khosla Ventures) Lenny's Newsletter · 2026-04-12 source ↗ Reader 🖥️
The AI era demands a return to opinionated, founder-led product building with radically smaller teams, where traditional organizational roles like PM are collapsing, hiring 'barrels' (people who can ship end-to-end) matters more than ever, and the biggest consumer of AI tokens will be marketing, not engineering. - LLM Knowledge Bases Andrej Karpathy · 2026-04-10 Reader 🖥️
LLMs can serve as compilers and operators of personal knowledge bases — ingesting raw sources into structured markdown wikis, then answering queries, generating outputs, and self-improving the wiki — shifting the human role from writer to curator and questioner. - Wow, this tweet went very viral! Andrej Karpathy · 2026-04-02 source ↗ Reader 🖥️
LLMs should be used not just to write code but to compile, maintain, and query personal knowledge bases built from raw source documents -- and sharing the *idea* of such a system (rather than specific code) is the right unit of distribution in an era of LLM agents. - Skill Issue: Andrej Karpathy on Code Agents, AutoResearch, and the Loopy Era of AI No Priors: AI, Machine Learning, Tech, & Startups · 2026-03-20 Reader 🖥️
The jump in code-agent capability since December 2024 has made human throughput — not model capability — the binding constraint, and the central challenge is now removing yourself from the loop so autonomous agents can maximize token throughput on your behalf.
Propositions touching this concept (11)
By publication month, oldest first (extraction month when no publication date is known).
2026-03
- explicitcontestedThe binding constraint on productivity has shifted from compute/typing speed to the human's ability to maximize token throughput.
2026-06
- explicitVibe coding has near-zero upfront cost (CapEx) but hides a compounding operational cost (OpEx): token burn from unstructured prompting loops, a 'maintenance tax' from reverse-engineering unstructured AI-generated code, and expensive security remediation after the fact; agentic engineering inverts this profile — high upfront CapEx (specs, tests, structured context), low marginal OpEx.
- explicitcorroboratedTokenmaxxing incentivizes the wrong metric — quantity of consumption instead of quality of product
- explicitdevelopedTokenmaxxing's first wave was deliberate, not accidental: executives purposely incentivized employees to burn tokens (e.g. Meta tying performance reviews to per-person token usage) as a blunt-force tactic to force resistant senior engineers into using AI at all.
- explicitdevelopedBecause compounding correctness flips the calculus, maximal token spend becomes ROI-rational, so tokenmaxxing will return long-term — this time driven by genuine value rather than incentive-gaming.
- explicitcorroboratedCheap open models run in loops beat expensive frontier models on cost-per-outcome (Claude ~1.1x/iteration vs GLM 5.2 ~1.05x/iteration at ~5x lower cost -> run the cheap loop 5x more and win), so open-model platforms are the real winners and frontier-lab tokenmaxxing won't survive CFO scrutiny.
- explicit'Pipeline' tokenmaxxing — hand-writing code to build brittle, non-deterministic single-task 'agents' (e.g. a data-labeling agent, then a quality-checker agent on top) — is a bad investment: more expensive AND less accurate than deterministic code, and stacking checker agents just multiplies token cost.
- implicitcorroboratedThe value/ROI of developer-side tokenmaxxing is asserted, not demonstrated: the author quantifies cost precisely (pricing, $12.5k/attempt, $125k, $600/month, $1000/day) but hedges the benefit ('ostensibly this is a good use of money') and never quantifies the productivity gain.
- implicitTokenmaxxing is fundamentally an ROI story, and the same CFO cost-scrutiny that kills expensive frontier-lab token burn is what redirects spend toward cheap open models — cost discipline does not end token maximization, it relocates it.
2026-07
- explicitdevelopedRunning multiple (3-10+) AI coding agents in parallel per person, with no token budget or usage tracking to promote 'tokenmaxxing,' is now normal working practice at Anthropic, and comes with very high individual autonomy relative to Big Tech or most startups.
2026-08
- explicitThe real cost of an unused, still-installed skill is not primarily token burn per prompt (only names/descriptions load for discovery, inside a budget defaulting to 1% of the context window; the body loads only on invocation) — it is degraded discoverability among a long list, accidental triggering/conflict between similar skills, unowned maintenance surface, and the owner's own loss of ability to reason about the setup.
Open gaps (30)
- illogicalThe article's own framing is internally inconsistent about scope: the intro promises 'ten metrics that are breaking down,' the SPACE section is introduced as covering 'a couple of metrics' but actually covers three, and the title promises '8' broken metrics — which does match the count of metrics explicitly presented as broken (3 DORA + 3 SPACE + 2 standalone), but only by excluding the 3 counter-example metrics from the 'ten' the intro promised. The total metrics actually discussed is 11, not 10, and 'a couple' undercounts by one. This suggests the taxonomy was fitted to a round headline number rather than derived from a principled classification.The 8 software engineering metrics AI broke — read next: Compare against the live leaddev.com page for possible post-publication editing (the mismatch is exactly the kind an editor introduces when trimming or adding an example late); no corpus cross-reference needed.
- illogicalThe speaker states up front that she personally tends to overestimate how quickly enterprises change, but does not apply that self-flagged bias when she reaches her most enterprise-speed-dependent predictions -- 'IT manages thousands of apps by 2030' and 'no more separate QCon AI by 2030' both assume fast, broad enterprise organizational change, without her flagging the tension with her own stated error direction.Presentation: A Few Predicted Talks From QConAI 2030 — read next: Re-read the talk's specific 2030 timelines discounted for the overestimation bias she herself names, to see which predictions would more plausibly land closer to 2032-2035.
- incompleteThe piece treats individual experimentation ('individual actions remain valid and don't require any upfront agreement') and team-owned experimentation (Popcorn Flow, assessed as a team) as compatible, coexisting levels, but never works out what happens when they conflict — e.g. an individual's unilateral habit change (dictation instead of typing prompts) versus a team's committed, board-tracked experiment that assumes a different interaction pattern.Reinventing team flow within AI uncertainty — read next: Look for material on reconciling individual experimentation with team-level process commitments more generally — where the boundary between 'my own workflow tweak' and 'something the team needs to agree on' actually sits.
- uninformedThe author does not distinguish between visible output tokens and extended thinking tokens. Models like Opus 4.7 with extended thinking have a separate, hidden reasoning budget that is NOT affected by output compression. The 'chain-of-thought amputation' thesis may be largely irrelevant for models with extended thinking enabled, since the reasoning happens in the thinking block, not the visible output.I benchmarked CC's caveman plugin against 'be brief'. The token math is wild. — read next: Anthropic documentation on extended thinking; investigate whether Caveman mode affects thinking token budget or only visible output tokens.
- incompleteThe benchmark methodology is described only in broad strokes. No raw numbers, no statistical measures, no task descriptions beyond category labels. We cannot evaluate reproducibility or effect sizes beyond the author's summary claim of '70-75%'.I benchmarked CC's caveman plugin against 'be brief'. The token math is wild. — read next: Look for the actual benchmark data or reproduction attempts by others.
- incompleteThe 'be brief' baseline is mentioned as ineffective but no quantitative comparison is shown. The three-way benchmark claims to test vanilla, Caveman, and primal prompt — but 'be brief' is discussed separately without data.I benchmarked CC's caveman plugin against 'be brief'. The token math is wild. — read next: A proper controlled comparison of graduated brevity instructions vs persona disruption prompts.
- misinformedThe claim that 'output tokens are literally the mechanism for reasoning' conflates text generation with all model computation. The model performs substantial reasoning in forward passes and (with extended thinking) in hidden thinking tokens. Visible output verbosity is a proxy for reasoning, not the mechanism itself.I benchmarked CC's caveman plugin against 'be brief'. The token math is wild. — read next: Research on chain-of-thought prompting vs internal model representations; literature on extended thinking / scratchpad approaches.
- incompleteThe post promotes Code Burn and Evo discover without disclosing any affiliation. Commenters flag this as potential astroturfing. The product mentions weaken the post's credibility as disinterested benchmarking.I benchmarked CC's caveman plugin against 'be brief'. The token math is wild. — read next: Check author's post history for patterns of product promotion.
- incompleteThe piece recommends real-time cost visibility and dashboards as a behavior-change lever, but does not address the failure mode of visibility metrics being gamed, cost-consciousness suppressing exploration that would have paid off, or who is accountable if switching to a cheaper model silently degrades quality on an edge case the shadow comparison didn't cover.Downstream #1: Where Do Our Tokens Go? — read next: Read against corpus material on tokenmaxxing and metric gaming for the failure modes of cost/usage visibility as a governance lever.
- incompleteAuto research is demonstrated only on hyperparameter optimization — a narrow, well-defined search with clear metrics. No evidence or discussion of how it would work on research requiring genuine novelty, taste, or paradigm shifts.Skill Issue: Andrej Karpathy on Code Agents, AutoResearch, and the Loopy Era of AI — read next: Literature on AI-driven scientific discovery beyond optimization: can agents formulate novel hypotheses, not just test existing ones? See work on AI scientists (e.g., Sakana AI's 'The AI Scientist').
- uninformedThe Jevons paradox argument for software engineering jobs is applied without discussing the significant disanalogies: ATMs automated a narrow task within banking, while AI agents potentially automate the entirety of software production. Demand elasticity analysis is hand-waved.Skill Issue: Andrej Karpathy on Code Agents, AutoResearch, and the Loopy Era of AI — read next: Economic analysis of AI labor displacement that distinguishes between task-level automation (Jevons applies) and occupation-level automation (potentially different dynamics). See Acemoglu vs Brynjolfsson debate.
- incompleteSecurity and trust implications of the 'apps dissolve into APIs' vision are acknowledged but not seriously explored. Dobby discovered unprotected Sonos APIs — this is a security vulnerability presented as a feature.Skill Issue: Andrej Karpathy on Code Agents, AutoResearch, and the Loopy Era of AI — read next: Research on agent-to-API security models, OAuth for agents, and the attack surface of agent-mediated home automation.
- illogicalKarpathy simultaneously claims (1) everything is a skill issue and current tools are sufficient, and (2) models are jagged, burst at the seams, and going too far ahead makes them net negative. These are in tension — if the tools truly suffice, jaggedness should be manageable.Skill Issue: Andrej Karpathy on Code Agents, AutoResearch, and the Loopy Era of AI — read next: Framework for distinguishing 'skill issues' from genuine capability boundaries in AI agent systems.
- unstated assumptionThe argument that ideas replace code assumes LLM agents are reliable enough to produce correct, secure, and maintainable implementations from vague descriptions. No evidence or qualification is offered for this assumption.Wow, this tweet went very viral! — read next: Literature on LLM code generation reliability and failure modes; studies on specification ambiguity.
- tensionThe post says 'you rarely ever write or edit the wiki manually' but also describes a deeply personal, expert-driven workflow. The tension between full LLM autonomy over the wiki and the need for expert curation is unresolved.Wow, this tweet went very viral! — read next: Research on human-AI collaboration in knowledge curation; when does full delegation to AI degrade knowledge quality?
- scope limitationThe 'idea file' concept is presented as a general replacement for code sharing, but the example is a single, relatively simple system. Whether idea files work for complex, multi-component systems is untested.Wow, this tweet went very viral! — read next: Case studies of complex system specifications; comparison of idea-level vs. code-level sharing for different project complexities.
- incompleteThe metacognition argument depends on a tacit theory of practitioner skill — that individuals can correctly self-assess which cognition is 'central' to their job's value. No mechanism is offered for how to learn or verify this self-assessment, especially under pressure to shipThis Week in AI: Production Viability — read next: Adler/Polanyi on tacit knowledge; Kahneman on overconfidence in self-judgment; deliberate practice literature (Ericsson); workshop reports from teams that have institutionalized AI-judgment reviews
- incompleteFDE critique identifies the missing analyst layer but doesn't engage with current AI-firm playbooks (Anthropic, Palantir, Sierra) that explicitly pair FDEs with discovery / scoping phases. The piece treats FDE as monolithicThis Week in AI: Production Viability — read next: Gergely Orosz's FDE coverage (extract-pragmatic-engineer-pulse-fde-heats-up.json) for comparison; Anthropic Applied AI team writeups; Palantir's deployment-strategist literature
- incompleteOpenAI consumer-intent argument doesn't engage with the counter-case: that financial-data partnerships might actually be subject to materially stricter regulatory regimes (GLBA, PSD2, etc.) than ad-tech, which could constrain monetization pathsThis Week in AI: Production Viability — read next: Comparative regulation of fintech vs. ad-tech data flows; banking-API consent literature; Apple's privacy-vs-monetization positioning
- uninformedThe reporting draws entirely on four named individuals inside Anthropic (a platform-org engineering head, one high-profile external contractor turned employee, one cross-functional engineer, one applied-AI/sales-engineering role) with no comparison to Anthropic teams operating under tighter constraints, no former-employee or outside-critical perspective, and no acknowledgment that access journalism inside the very lab that sells the tools being praised may select for best-case, showcase-ready stories.How building software is changing at Anthropic — read next: Look for outside-in or critical accounts of Anthropic engineering culture (former-employee retrospectives, competitor comparisons, or the promised follow-up piece comparing Anthropic and OpenAI) to check whether practices like the 11-day Bun rewrite are typical internally or a cherry-picked outlier.
- incompleteThe article's evaluative back half (sections 5–7: cost/'tokenmaxxing' disappointment stories, the 'was it just a hack' argument, and the context-engineering conclusion) is paywalled; this extraction only had the one-line table-of-contents previews for that material, not the supporting evidence or full argument.What is “loop engineering?” — read next: Get subscriber access to read the full piece, especially the cost-tradeoff stories in section 5 and the closing argument in section 7 for why context engineering may matter more than loop engineering — directly relevant to the persona's 'rigorous adopter, not hype-follower' stance on AI-agent practice.
- incompleteThe 'don't talk to customers' thesis ignores the distinction between different kinds of customer input: usability testing, behavioral data, Jobs-to-be-Done interviews, and direct feature requests are very different activities with different failure modes. Rabois appears to collapse them all into one category.Hard truths about building in the AI era | Keith Rabois (Khosla Ventures) — read next: Teresa Torres's 'Continuous Discovery Habits' for a rigorous framework on which kinds of customer input are valuable and when; Clayton Christensen's Jobs-to-be-Done theory for a middle path between 'ignore customers' and 'build what they ask for.'
- incompleteThe PM-is-dying thesis lacks a theory of what replaces PM functions beyond spec-writing: prioritization across competing initiatives, stakeholder alignment, go-to-market coordination, and cross-team dependency management. If AI handles translation, who handles these?Hard truths about building in the AI era | Keith Rabois (Khosla Ventures) — read next: Shreyas Doshi's writing on PM archetypes and which PM functions are strategic vs. tactical; Marty Cagan's 'Transformed' for a model of empowered product teams that might survive AI compression.
- uninformedThe claim that CMOs will be the #1 token consumers does not engage with the possibility that AI agents (not humans) will be the primary consumers of tokens — where the distinction between 'marketing tokens' and 'engineering tokens' becomes meaningless because agents operate across functions.Hard truths about building in the AI era | Keith Rabois (Khosla Ventures) — read next: Anthropic's and OpenAI's writing on agentic workflows; the emerging literature on AI-to-AI communication and multi-agent systems.
- incompleteCost is quantified, value is asserted. Every number in the piece is a cost (token prices, $12.5k/attempt, $600/month, $1000/day); the productivity or quality VALUE that would justify maximal spend is never measured, only hedged ('ostensibly'). The essay therefore cannot tell marginal from transformative benefit.Agentics / Tech Things: Tokenmaxxing is dead, long live tokenmaxxing — read next: Read HBR's 'How People Are Really Using AI in 2026' / the 'workslop'/'thinkslop' findings (marginal-not-game-changing benefits) and controlled productivity studies; ask whether the dev-loop value curve is transformative or merely marginal against unsubsidized cost.
- incompleteNo mechanism for the regime shift. The author asserts 'That's no longer true. We've entered a different regime' but never explains what technically flipped compounding error into compounding correctness — better base models? harness-level self-verification? evals in the loop? RL-from-verifiable-rewards? The rebirth's causal engine is a black box.Agentics / Tech Things: Tokenmaxxing is dead, long live tokenmaxxing — read next: Read on agent self-verification and eval-in-the-loop harness design, RLVR / verifier-based training, and what actually reduces error accumulation in long runs; distinguish model-capability gains from harness/scaffolding gains.
- incompleteVendor-vs-user value and the author's own incentive alignment are unexamined. 'More tokens = better' is exactly the narrative that benefits whoever sells tokens or AI-adoption services — and the author runs such a service, soliciting business throughout ('reach out, we can help!'). Who bears the cost (users, post-subsidy) versus who captures the value (vendors, consultants) is never separated, and the conflict is undisclosed.Agentics / Tech Things: Tokenmaxxing is dead, long live tokenmaxxing — read next: Read critically for supply-push vs demand-pull: who profits from maximal token consumption; compare against sources arguing 'most effective users are not the heaviest users'; watch for the token-seller framing in any pro-spend argument.
- incompleteThe two-kinds distinction is not integrated with the rebirth. The author says compounding correctness rescues developer loops but that pipeline agents are waste; he never reconciles whether compounding correctness would also rescue pipelines, or whether the generalist-platform shift moots custom pipelines regardless. The two 'this too shall pass' stories run in parallel without a unifying account.Agentics / Tech Things: Tokenmaxxing is dead, long live tokenmaxxing — read next: Trace whether reliability gains (compounding correctness) and consolidation gains (generalist platforms replacing bespoke agents) are the same phenomenon or two; read on why deterministic pipelines still beat agents for fixed high-accuracy tasks.
- incompleteThe piece never discusses the closed-world limitation implied by a fixed-schema architecture — what happens when real-world input doesn't fit any anticipated category or field, how schemas are authored, versioned, and maintained over time, or the cardinality ceiling (255, per the Wikiracing nuance) for open-set or high-cardinality classification tasks.Introducing System One Models & Jev — read next: Reading direction: schema/type design as a new maintenance burden and failure surface for AI-powered workflows, parallel to how prompt/context engineering became one for LLM-based agents.
- incompleteThe article poses but never answers, in the captured document, several of its own most skeptic-facing FAQ questions — 'Is Jev just a smaller LLM?', 'How does Jev perform against public benchmarks?', 'Why was a new training algorithm needed?' — leaving exactly the comparisons a skeptical reader would want most conspicuously unaddressed, whether because of an accordion/JS rendering limitation in capture or because the source page itself withholds the expanded answers.Introducing System One Models & Jev — read next: Worth re-fetching the live page (rendered) to check whether these FAQ answers exist and materially change the picture before treating this gap as a substantive omission rather than a capture artifact.