Why are tokens so expensive? (Explanation)

<!-- SC_OFF --><div class="md"><p>I need to create an analysis of how many tokens it takes for various type of agents - single to multi agent, simple to complex ones. Is there any

<!-- SC_OFF --><div class="md"><p>I often hear FANG employees discussing LLM budgets and token usage.</p> <p>So, a token is like a payment, right? Why don't they just say

<!-- SC_OFF --><div class="md"><p>My app fans out prompts to multiple LLMs as the first step. I’m shocked to see that the token count returned by the API‘s is often 10 X what

<table> <tr><td> <a href="https://www.reddit.com/r/OpenAI/comments/1v5q5wj/the_voice_chat_mode_consumes_more_tokens/"> <img alt="The voice chat mode consumes more tokens?"

<!-- SC_OFF --><div class="md"><p>thats it. Its ridicolous and no its only a few dollars i had but wtf kind of policy is that </p> </div><!-- SC_ON --> &#32; submitted by &#32; <a

<table> <tr><td> <a href="https://www.reddit.com/r/singularity/comments/1v06dxu/is_ai_really_getting_expensive/"> <img alt="Is AI really getting expensive?"

<!-- SC_OFF --><div class="md"><p>Me after exhausting all my tokens on some random idea of building a gambling app.</p> <p>(o_</p> <p>(o_ //\</p> <p>(/)_ V_/_</p> </div><!-- SC_ON