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AI IntelligenceOct 11, 2026AI Intelligence
Article

Data from a16z shows a Jevons paradox in the AI market

Token prices keep falling, but H100 GPU rental prices hold steady or climb. Cheaper AI drives demand faster than costs drop, which is Jensen Huang's best-case scenario for continued infrastructure investment.

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Data from a16z shows a Jevons paradox in the AI market: token prices keep falling, but H100 GPU rental prices hold steady or climb. Cheaper AI drives demand faster than costs drop, which is Jensen Huang's best-case scenario for continued infrastructure investment.