Benedict Evans quote, Jul 9, 2026

Independent analyst · Jul 9, 2026 · Essay, Ways to think about token pricing

But at one extreme, there are two or three giant minds that run half of everything and have massive pricing power, and at the other extreme LLMs look like databases - there’ll be millions of them, some very big and some very small, and the value is in what you build on top - after all, every SaaS company is a ’database wrapper’.

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Words found on the source page on Sep 25, 2026.

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About this quote

Said by: Benedict Evans, Independent analyst
Where: Ways to think about token pricing
Topics: Economics
Source: ben-evans.com/benedictevans/2026/7/9/ways-to-think-about-token-pricing

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