Equation 11 · Part 2 · The Unit Economics of a Token
Symbol k
What this part means
the number of steps.
Its job in the formula
k occurs above the fraction bar. The numerator is divided by the entire denominator below it.
Full expression→Symbol k→Article meaning
Where the article explains it
Suppose a loop runs for k steps, each step appends roughly a tokens of tool output and assistant text, and the context started at b tokens.
The passage around this formula
The nonlinearity that surprises people does not live in this equation, which is linear. It lives in agent loops. Suppose a loop runs for k steps, each step appends roughly a tokens of tool output and assistant text, and the context started at b tokens. The total input billed across the whole loop is then . which is quadratic in the number of steps. Doubling the length of an agent trajectory roughly quadruples its…
Learn the underlying idea
A variable is a named place for a value. Its letter is a local label: x can mean position in one formula and a data point in another.
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Sources cited in the article section
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