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Does a token buy you more or less now than it did a few months ago? We built a consumer price index (CPI) for AI …
Does a token buy you more or less now than it did a few months ago? We built a consumer price index (CPI) for AI coding output from Anthropic's Opus 4.6 model in SWE-chat, Feb 5–Apr 15, 2026. What we find looks like tokenflation: