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.
More from Companies & People
- Matthew Yang starts PhD at MIT CSAIL advised by lateinteraction — thegautamkamath · 2026-09-03
- X open-sources new For You algorithm code: long dwell drives retrieval, bots can trigger account review — Kyrannio · 2026-09-03
- Replit opens first international office in London, joins OpenAI for Paul Graham fireside — amasad · 2026-09-03
- Cara Founder: Even Clear NoAI Messaging Gets Missed Due to 'Protection' Overuse — zemotion · 2026-09-03
- ArtStation Makes NoAI Default for All Uploads, Blocks AI Scraping Bots via Cloudflare — zemotion · 2026-09-03
- Candidate walks out of no-AI coding interview after 15 minutes, uses AI anyway — tawnniee · 2026-09-03