Tomtunguz iconTomtunguzSep 7, 2026

The Three Waves of AI Consumption

AI token consumption expands in three waves: chat, a single agent, & a meta-harness orchestrating many agents. Each wave multiplies consumption not through faster generation but through parallelization, & the second wave has already overtaken the first.

The Three Waves of AI Consumption

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AI token consumption expands in three waves: chat, a single agent, & a meta-harness orchestrating many agents.

Each wave multiplies consumption not through faster generation but through parallelization, & the second wave has already overtaken the first.

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AI token consumption expands in three waves: chat, a single agent, & a meta-harness orchestrating many agents. Each wave multiplies consumption not through faster generation but through parallelization, & the second wave has already overtaken the first.

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