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Main Authors: Wen, Shuide, Ku, Beier
Format: Preprint
Published: 2026
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Online Access:https://arxiv.org/abs/2604.11243
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author Wen, Shuide
Ku, Beier
author_facet Wen, Shuide
Ku, Beier
contents Building on the Agentic ROI framework proposed by Liu et al. (2026), this paper introduces knowledge compounding as a new measurable concept in the empirical economics of LLM agents and validates it through a controlled four-query experiment on Qing Claw, an industrial-grade C# reimplementation of the OpenClaw multi-agent framework. Our central theoretical claim is that the cost term in the original Agentic ROI equation contains an unexamined assumption -- that the cost of each task is mutually independent. This assumption holds under the traditional retrieval-augmented generation (RAG) paradigm but breaks down once a persistent, structured knowledge layer is introduced. We propose a dynamic Agentic ROI model in which cost is treated as a time-varying function Cost(t) governed by a knowledge-base coverage rate H(t). Empirical results from four sequential queries on the same domain yield a cumulative token consumption of 47K under the compounding regime versus 305K under a matched RAG baseline -- a savings of 84.6%. Calibrated 30-day projections indicate cumulative savings of 53.7% under medium topic concentration and 81.3% under high concentration, with the gap widening monotonically over time. We further identify three microeconomic mechanisms underlying the compounding effect: (i) one-time INGEST amortized over N retrievals, (ii) auto-feedback of high-value answers into synthesis pages, and (iii) write-back of external search results into entity pages. The theoretical contribution of this paper is a recategorization of LLM tokens from consumables to capital goods, shifting the economic discussion from static marginal cost analysis to dynamic capital accumulation. The engineering contribution is a minimal reproducible implementation in approximately 200 lines of C#, which we believe is the first complete industrial-grade reference implementation of Karpathy's (2026) LLM Wiki paradigm.
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publishDate 2026
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spellingShingle Knowledge Compounding: An Empirical Economic Analysis of Self-Evolving Knowledge Wikis under the Agentic ROI Framework
Wen, Shuide
Ku, Beier
Econometrics
Building on the Agentic ROI framework proposed by Liu et al. (2026), this paper introduces knowledge compounding as a new measurable concept in the empirical economics of LLM agents and validates it through a controlled four-query experiment on Qing Claw, an industrial-grade C# reimplementation of the OpenClaw multi-agent framework. Our central theoretical claim is that the cost term in the original Agentic ROI equation contains an unexamined assumption -- that the cost of each task is mutually independent. This assumption holds under the traditional retrieval-augmented generation (RAG) paradigm but breaks down once a persistent, structured knowledge layer is introduced. We propose a dynamic Agentic ROI model in which cost is treated as a time-varying function Cost(t) governed by a knowledge-base coverage rate H(t). Empirical results from four sequential queries on the same domain yield a cumulative token consumption of 47K under the compounding regime versus 305K under a matched RAG baseline -- a savings of 84.6%. Calibrated 30-day projections indicate cumulative savings of 53.7% under medium topic concentration and 81.3% under high concentration, with the gap widening monotonically over time. We further identify three microeconomic mechanisms underlying the compounding effect: (i) one-time INGEST amortized over N retrievals, (ii) auto-feedback of high-value answers into synthesis pages, and (iii) write-back of external search results into entity pages. The theoretical contribution of this paper is a recategorization of LLM tokens from consumables to capital goods, shifting the economic discussion from static marginal cost analysis to dynamic capital accumulation. The engineering contribution is a minimal reproducible implementation in approximately 200 lines of C#, which we believe is the first complete industrial-grade reference implementation of Karpathy's (2026) LLM Wiki paradigm.
title Knowledge Compounding: An Empirical Economic Analysis of Self-Evolving Knowledge Wikis under the Agentic ROI Framework
topic Econometrics
url https://arxiv.org/abs/2604.11243