Snowflake CEO on tokenomics: AI tools must cost less than what they replace
jonerp · x · 2026-09-03
diginomica's weekly enterprise analysis:
- Tokenomics: Snowflake CEO Sridhar Ramaswamy says it boils down to cost vs. effectiveness — AI tools must cost less than existing solutions. His sales team's AI agent costs less than the dashboarding licenses it replaced. Enterprises won't pay more for 'ta-da' functionality.
- SaaS: Salesforce and Workday defuse the 'SaaSpocalypse' with solid earnings and salty executive comments.
- Agents: prompt injections remain a drag; the piece explores making the most of probabilistic agents, plus the illusion of digital ownership.
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