On AI’s Complex Pricing, South Korea’s Good Fortune, And S&P 500 NERIs

Pricing for AI services is becoming increasingly complex as AI becomes increasingly agentic. That takes much more computational power than fetching answers. Melissa discusses how AI pricing works, surmising that the winning AI providers won’t be those with the smartest models but those that use “tokens” the most cost effectively. … Also: William discusses the vulnerability of the South Korean stock market and economy. They’ve been soaring on the wings of AI with little underlying broad support. … And: Joe shares his takeaways from updates of our Net Earnings Revisions Index and Net Revenues Revisions Index.