Clouded Judgment: 'Per Token Pricing' — Jamin Ball Maps How SaaS Revenue Models Shift to Token-Based Economics

Clouded Judgment (Jamin Ball)·medium signal

Jamin Ball's March 26 Clouded Judgment newsletter analyzes the emerging shift from per-seat SaaS pricing to per-token pricing models, arguing the biggest AI infrastructure winners will monetize tokens the same way cloud's biggest winners monetized compute. The analysis tracks how public software companies are adapting pricing to AI consumption patterns, with implications for every SaaS company's revenue model. This is the analytical framework for the SaaS pricing transformation builders are navigating.