Unlike internet's one-dimensional, flat-fee growth, AI grows across two exponentials, user penetration and tokens per user, allowing AI labs' economics to work (Fin/@fi56622380)

Unlike the internet's one-dimensional, flat-fee growth model, AI exhibits growth across two exponential factors: user penetration and tokens per user. This dual exponential growth is crucial for the economic viability of AI labs. This model also influences the next ARR growth engine following coding, the AI infrastructure bubble, and the economics of open versus closed-source models, suggesting a longer buildout for AI compared to the internet.