AI Festivus
Or an AI Jargon Decoder Ring This post is a whirlwind tour of AI terminology and the key players. Given that this field moves at the speed of light, expect these facts to be stale by next Tuesday. Take any claims about "who’s winning" with a bucket of salt. Models, Tokens, and the Meaning of Life Consumer AI apps usually let you pick your "brain" by choosing a Model . These differ in Size —measured in Billions of Parameters (e.g., Llama 3B vs. 405B)—and Sophistication (e.g., GPT-4o vs. GPT-5 or Gemini 2.0). Generally, the smarter the model, the more it costs to run. While consumers pay a flat monthly "All You Can Eat" fee, the pros (Enterprise/API users) are billed per Token . A token is roughly a word’s worth of data. You’re metered on Input (what you ask), Output (what it says), and Thinking Tokens . These are the model's internal "reasoning" steps—essentially the AI talking to itself before giving you the final answer (which is, obvio...