Seven terms that decode whether AI is overpriced, fairly priced, or criminally underpriced. Read in order.
Why the cost floor is collapsing.
A model architecture where only a subset of experts activate per token, slashing inference cost while preserving quality.
“MoE is why the AI price floor just dropped by 30×. Any model that isn't MoE by end of 2026 will be priced out of the commodity tier.”
Read full chapterThe new premium tier · and why it matters for pricing.
A model that generates internal reasoning tokens before producing the answer, trading inference cost for accuracy on math and logic.
“Reasoning models changed the pricing ladder: the frontier is no longer one price. It is now $2/M for chat, $20/M for reasoning, and $200/M for agent execution.”
Read full chapterBy the end you can read the AI Bubble Index like a pro · understand what drives valuations, why inference economics matter, and where the real fragility lives.
Six terms to go from "I need an AI" to "here is the cheapest model that meets my spec."