文章指出，Token作为计量单位正改写成本、定价与组织假设，使智力产出可计量、比价和交易。10月26日，中信出版集团与腾讯研究院举办《Token经济》论坛，经济学界、研究机构与产业嘉宾就影响给出不同答案。国家数据局数据显示，中国日均Token调用量从2024年初约1000亿快速增长。论坛聚焦Token经济对经济学的挑战。
8月14日，广东首个词元经济专项金融产品“Token贷”在广州海珠区发布，服务算力及AI相关中小微企业。中国银行广州分行推出“算力Token贷”，按企业合同金额及Token消耗额度核定融资额度，采用信用、应收账款质押、订单融资等担保方式，并可组合保证、抵押等增信措施扩大额度。
北京印发《加快智能体引领发展若干措施》十条，首次将智能体AI、驾驭层工程、智能体OS、Token经济等前沿黑话写入公文。“驾驭层工程”位居第二条，首次勾勒出智能体经济的政策级轮廓。
微软拟在Copilot Cowork中引入自托管DeepSeek V4，打造更经济的模型选项，并将定价全面转为按用量计费。此前基于Anthropic Claude的智能体因推理任务激增，Token消耗巨大，原有固定费率在用户每周执行数百项任务的重度使用下难以为继。
Openai
$2.8
Input tokens/M
$11.2
Output tokens/M
1k
Context Length
Google
$0.49
$2.1
Xai
$1.4
$3.5
2k
Anthropic
$105
$525
200
$0.7
$7
$35
Alibaba
$4
$16
$6
$24
256
$2
$20
-
Bytedance
$0.8
$0.15
$1.5
Baidu
32
$10.5
Tencent
$1
$8
$0.75
$0.35
400
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