Current AI market dynamics point to frontier models becoming commodity infrastructure as the token crunch eases, with value shifting to products built on top (Benedict Evans)

Benedict Evans suggests that the current AI market dynamics indicate a shift where frontier models will become commodity infrastructure. This change is anticipated as the "token crunch" eases, leading to value migrating towards products built upon these foundational models. He emphasizes the current instability and supply crunch regarding token prices, noting these are the only certainties in this evolving landscape.