Channel Dive: SHI, WWT join Linux Foundation push to standardize AI costs

by Nidhi Sharma, via Channel Dive

AI is upending what companies know about managing and monetizing their investments. Organizations are overinflating tech budgets while losing track of token spending. Many are continuing to invest in AI despite minimal measurable returns on investment. By 2030, token consumption is projected to increase 24-fold, according to Goldman Sachs research.

The Tokenomics Foundation, which is part of the Linux Foundation, represents an industry-wide call for the rapid establishment of best practices for AI economics

With its tokenomics initiative, the Linux Foundation wants to follow a roadmap drawn by the FinOps Foundation, which rallied industry support for cloud billing standards and cost controls. Tim Brooks, area VP of AI development and business advisors at WWT, told Channel Dive the Tokenomics Foundation will help organizations make better architecture and operating decisions while optimizing AI consumption and ROI.