2026年向代币经济学战略性转向：驾驭AI支出新格局研究报告（英文版）-.pptxVIP

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Thepivottotokenomics:NavigatingAI’snew

spenddynamics

Anotefromtheauthors:

AIeconomicsaffectmost

organizationsandtheC-suiteuniquely.

Thispaperguidesthosefamiliar

withAItokensinmakingstrategic

choices.Ifyou,rejustbeginningyour

explorationoftokenomics,lookfor

additionalresearchsoon.

Thepivottotokenomics:NavigatingAI,snewspenddynamics

2

Volatileworkloads,newinfrastructuredemands,andtokensasthe

practicalunitofcost

Acrossindustries,GenerativeAI(GenAI)hasbecomethefastest-

growinglineiteminmostcorporatetechnologybudgets—already

consuminguptohalfofITspendinsomefirms.1Cloudbillsarerisingnearly20%yearoveryear,drivenbyAIworkloads.2Atthesametime,geopoliticaluncertaintiesareintensifyingcallsfordatasovereigntyandtechnologyinfrastructureindependence,makingmany

enterprisesthinkaboutAIsovereigntyandgaininggreatercontrolovertheirinfrastructure.3ThisisnolongeraCIOoperationalissue;itisaCFO-and-boardcapitalquestionabouthowtoresponsiblymanageaninvestmentofthisscaleandvolatility.

Unlikepriortechnologywavesgovernedbylicensesorvirtual

machines,AIspendoftenscalesinnonlinearandunpredictableways.AIcapabilitiesrunontokens:smallchunksofdata—text,imageoraudio—thatAIsystemsprocessintraining,inference,andreasoning.EveryAIinteractionconsumestokens,andeverytokencarriesacost.

ThecomplexityofAI’seconomicshideswithinthesetokens.

Costsrisenotonlywithuseradoptionbutwithworkloaddesign,

algorithmiccomplexity,andinfrastructureintensity.Whatexactlyarethethresholdstomoveacrossdifferentconsumptionchoices?Itdependsontheorganization.RoughlyaquarterofrespondentsinaDeloitte2025survey4ofdatacenterandpowerexecutivessaytheyortheirclientsarereadytomakethemoveoffofcloudtoalternative