Every business now runs on tokens, but most treat them as a cost to cut rather than a value to shape.
This paper argues that the economics of AI are decided one layer above the invoice, at the model, where the intelligence inside your tokens is either yours to compound or the vendor’s to rent to everyone, including your competitors.
Inside: the thesis, the economics, and the framework for deciding what to rent and what to own.
Start running open models in minutes. Then orchestrate, train and climb toward intelligence no one else can rent.