I mean Anthropic’s customers are spending too much on Claude. Anthropic’s customers are encouraging tokenmaxxing amongst their employees; measuring employees by token usage. That’s great for Anthropic’s short term revenue numbers but terrible long term because at some point companies will realize tokenmaxxing is not good. OpenAI is much less exposed to tokenmaxxing, which is a good thing.

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solenoid0937 3 hours ago | parent [-]

> at some point companies will realize tokenmaxxing is not good

Why? Have we figured out the limits of what agents can do?

> OpenAI is much less exposed to tokenmaxxing

I don't think this is true, from my own experience & chatting with my acquaintances.

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fontain 3 hours ago | parent [-]

Tokenmaxxing is the practice of measuring employees by how many tokens they use, encouraging employees to burn tokens needlessly, it is unrelated to what agents can do.

If a task can be completed with 100k tokens but employees are considered better performers if they complete it with 500k tokens instead… that’s unsustainable and cannot possibly benefit Anthropic in the long term.

At some point, Amazon and Uber and so on and so forth are going to realize that actually, employees using 100k tokens or even 50k tokens is better than 500k and Anthropic’s revenue will fall off a cliff.

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solenoid0937 3 hours ago | parent [-]

Oh. I thought tokenmaxxing was just removing token limits

	▲	fontain 2 hours ago \| parent [-]
		I think removing limits is fine. There’ll be overspend and at some point adjustments in expectations as we learn more about the value that can be delivered which will likely result in a reduction in spend, but even now, during this period of relative immaturity about measuring the value of output, so long as more tokens = more output, I don’t think the introduction of limits represents much of a risk to Anthropic and OpenAI. Tokenmaxxing is uniquely bad because it is not tied to any additional value (more tokens for the same output). And I could be wrong about tokenmaxxing being a Claude specific problem but as far as I can tell, all of the major companies encouraging employees to maximize their token usage are Claude Code users. And the music has to stop on that at some point, whether because the companies run out of money or because they learn better ways of measuring productivity in the AI age. And if tokenmaxxing is what is driving Anthropic’s lead in revenue, it could be catastrophic to lose that, because Anthropic are spending billions of dollars per month on the infrastructure to support it. If tokenmaxxing is evenly distributed between Anthropic and OpenAI then they’ll both hurt but equal hurt shouldn’t disadvantage either much.