Goldman: AI Agent Token Use to Grow 24x by 2030 as Uber, Microsoft Rethink Costs

rohanpaul_ai · x · 2026-09-26

Goldman Sachs previously projected that token use by AI agents will multiply 24x by 2030, with monthly token consumption potentially reaching 120 quadrillion.

AI agents are now creating the first serious cost test for the AI boom. As reported this week, Uber and Microsoft are already rethinking expensive agent usage.

A chatbot may answer once, but an agent plans, calls tools, checks results, edits mistakes, and repeats the loop. That loop can make one user request consume 10x, 50x, or even far more tokens than a normal answer.

Goldman's bullish case is that monthly token use could reach 120 quadrillion by 2030, while inference cost per token keeps falling 60%-70% per year. The fight is now between agent productivity and token waste.

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