Guardado en:
Detalles Bibliográficos
Autores principales: Wu, Ou, Deng, Yingjun
Formato: Preprint
Publicado: 2026
Materias:
Acceso en línea:https://arxiv.org/abs/2605.17410
Etiquetas: Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
_version_ 1866914575325069312
author Wu, Ou
Deng, Yingjun
author_facet Wu, Ou
Deng, Yingjun
contents Token economics has emerged as a useful lens for understanding resource allocation, value creation, and pricing in large language model systems. While recent work has increasingly treated tokens as economic primitives, there remains a substantial gap between high-level economic theory and the computational realities of modern AI infrastructure. This paper identifies and analyzes the key computational challenges that arise when token-economic principles are implemented in real-time inference systems. We argue that computational feasibility is not merely one dimension of token economics, but its governing constraint: these challenges are driven by fundamental tensions among fine-grained valuation, low-latency execution, and allocation optimality under uncertainty. To structure this problem space, we introduce the notion of \textbf{Computational Token Economics} and propose the \textbf{Token Economics Trilemma} -- a conditional no-free-lunch principle that captures the inherent trade-offs among granularity, real-time performance, and optimality. We further categorize the main technical challenges into three areas: real-time value accounting, constrained resource allocation, and economic-aware system architecture. Rather than presenting a complete solution, this paper aims to define a research agenda for bridging token economics and AI system design, highlighting open problems at the intersection of computational economics, machine learning systems, and AI infrastructure.
format Preprint
id arxiv_https___arxiv_org_abs_2605_17410
institution arXiv
publishDate 2026
record_format arxiv
spellingShingle Computational Challenges in Token Economics: Bridging Economic Theory and AI System Design
Wu, Ou
Deng, Yingjun
Artificial Intelligence
Token economics has emerged as a useful lens for understanding resource allocation, value creation, and pricing in large language model systems. While recent work has increasingly treated tokens as economic primitives, there remains a substantial gap between high-level economic theory and the computational realities of modern AI infrastructure. This paper identifies and analyzes the key computational challenges that arise when token-economic principles are implemented in real-time inference systems. We argue that computational feasibility is not merely one dimension of token economics, but its governing constraint: these challenges are driven by fundamental tensions among fine-grained valuation, low-latency execution, and allocation optimality under uncertainty. To structure this problem space, we introduce the notion of \textbf{Computational Token Economics} and propose the \textbf{Token Economics Trilemma} -- a conditional no-free-lunch principle that captures the inherent trade-offs among granularity, real-time performance, and optimality. We further categorize the main technical challenges into three areas: real-time value accounting, constrained resource allocation, and economic-aware system architecture. Rather than presenting a complete solution, this paper aims to define a research agenda for bridging token economics and AI system design, highlighting open problems at the intersection of computational economics, machine learning systems, and AI infrastructure.
title Computational Challenges in Token Economics: Bridging Economic Theory and AI System Design
topic Artificial Intelligence
url https://arxiv.org/abs/2605.17410