Pitch The PM

Doug × Carmen Li

Token prices are falling as customers shift some consumption from premium models toward cheaper open-source and open-weight alternatives, according to Silicon Data’s tracking of 300 models.The index reflects observed spending choices rather than model quality, while workflow routing remains only a possible explanation because Li cannot see customers’ use cases.Whether the shift signals durable demand for cheaper models or changing workloads remains unclear, and Li does not establish why individual customers switch.