<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"><channel><title>Li Qiongyu · Writing</title><description>Writing on Agent commercialization, large-scale deployment, and Token economics.</description><link>https://liqiongyu.com/</link><language>en</language><item><title>Token Economics: Pricing Intelligence as a Service</title><link>https://liqiongyu.com/en/writing/token-economics/</link><guid isPermaLink="true">https://liqiongyu.com/en/writing/token-economics/</guid><description>For two decades software pricing evolved along per-seat and usage-based paths — both assuming people are the final consumers of value. Agents are quietly removing that assumption.</description><pubDate>Tue, 12 May 2026 00:00:00 GMT</pubDate><category>Economics</category><category>Token</category><category>Pricing</category></item><item><title>When Intelligence Becomes a Commodity: Why AI&apos;s Unit of Settlement Is Moving Up</title><link>https://liqiongyu.com/en/writing/commodity-settlement/</link><guid isPermaLink="true">https://liqiongyu.com/en/writing/commodity-settlement/</guid><description>As machines become the main consumers of tokens, the ceiling of value is no longer set by population or time, but by how much the whole economy can create.</description><pubDate>Mon, 30 Mar 2026 00:00:00 GMT</pubDate><category>AI</category><category>Economics</category><category>Outcome Market</category></item></channel></rss>