Jensen declared the “ChatGPT moment of agentic AI has arrived.” This transition from chat to agents transforms the unit economics of compute — and reveals the real state of enterprise AI adoption.
The compute multiplier: from ~500 tokens per chat to 100,000+ tokens per agentic workflow. Demand goes exponential.
Traditional chat: ~100-500 tokens per interaction. Agentic systems: hundreds of thousands of tokens per session, running for minutes to hours, spawning sub-agents. Each token is dollarized — inference performance equals revenue.
Named catalysts: Claude Code and Claude Cowork (Anthropic), OpenAI Codex/GPT-5.2, Cursor. In 2025, global AI inference revenue officially surpassed training revenue for the first time.
Token Economics — The New Currency
280x price collapse since 2022. But the agentic multiplier means total spend goes UP even as per-token cost falls.
The 280x inference price collapse continues. But output tokens cost 4-10x more than input because generation is sequential. The energy variance is 75x between efficient and frontier models. A single agentic workflow consuming 100,000+ tokens at GPT-5 pricing costs $1.00+ per execution. At enterprisescale — millions daily — this creates a multi-billion-dollar inference economy.
The Enterprise Adoption Reality
The velocity paradox: 65% of enterprises using AI agents, but only 2% at full-scale deployment. 50% stuck in pilot.
What’s Working
Code generation: 91% of enterprises use AI coding tools in production
Customer service: Agents saving teams 40+ hours monthly
Finance: Automated forecasting accelerating close by 30-50%
Sales: 2-3x improvements in pipeline velocity
What’s Stalling
The 95/5 divide: 95% of organizations getting zero return on GenAI investment
Shadow AI: 90% of employees use personal AI tools; only 40% of companies have official subscriptions
Legacy integration: 46% cite system integration as primary challenge
Governance: Only 21% have mature governance for autonomous agents
Gennaro is the creator of FourWeekMBA, which reached about four million business people, comprising C-level executives, investors, analysts, product managers, and aspiring digital entrepreneurs in 2022 alone | He is also Director of Sales for a high-tech scaleup in the AI Industry | In 2012, Gennaro earned an International MBA with emphasis on Corporate Finance and Business Strategy.
