https://miaok.ong/en/tags/token-economics/Recent content in Token Economics on Miao KongHugoenMon, 22 Jun 2026 20:00:00 +0800https://miaok.ong/en/posts/token-great-retreat-2026-en/Mon, 22 Jun 2026 20:00:00 +0800https://miaok.ong/en/posts/token-great-retreat-2026-en/<h2 id="1-bill-shock-silicon-valleys-fatal-four-months"> 1. Bill Shock: Silicon Valley&rsquo;s Fatal Four Months <a class="heading-link" href="#1-bill-shock-silicon-valleys-fatal-four-months"> <i class="fa-solid fa-link" aria-hidden="true" title="Link to heading"></i> <span class="sr-only">Link to heading</span> </a> </h2> <p>Midway through 2026, the AI industry is undergoing an unexpected awakening. Four things happened almost simultaneously:</p> <p><strong>Microsoft</strong> urgently canceled Claude Code licenses for most employees in May, forcing tens of thousands of engineers back onto GitHub Copilot CLI. The pilot program, launched with fanfare in December 2025, collapsed after just six months due to runaway bills.</p>