Big enterprises form a standards body to measure AI's value, not just tokens
Uprovd Take A cross-industry body forming just to link AI token spend to business value is Uprovd's thesis going mainstream: usage counts mean nothing without outcomes.
Read the original at FortuneA group of heavyweight enterprises - JPMorgan Chase, Accenture, KPMG, Oracle, SAP and ServiceNow among roughly thirty founding members - has stood up a new Linux Foundation effort, the Tokenomics Foundation, to bring order to how companies count and justify AI token spend. Its stated aim is not just to measure consumption but to connect it to the business value that consumption is supposed to produce.
The group has already put out an initial framework and plans near-monthly releases of new value-metric definitions through year end, with more due at a September gathering in Amsterdam. Fortune frames the backdrop bluntly: tokens have become a leading driver of cost and of scrutiny, and finance chiefs are the ones being asked to make sense of both.
When this many rivals agree that raw token counts are the wrong yardstick, the market has effectively conceded Uprovd’s starting point. Standards will help, but a CFO still needs an independent way to hold each initiative’s spend against the outcome it delivered - which is the discipline Uprovd provides.
This is Uprovd's analysis of third-party reporting. Original article linked above.