Silicon Valley's AI token craze is facing a reality check

Why ‘Tokenmaxxing’ Is Out And ‘Valuemaxxing’ Is In

Tokenmaxxing—using token consumption as a productivity metric—collapses as Microsoft kills Claude Code and Uber burns AI budget in four months. Companies shift to "valuemaxxing": measuring actual impact (code quality, bugs fixed) over token spend, forcing teams to justify costs to CFOs.