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Dean Lee

Real-time AI & tech analysis through economics & game theory. Follow the incentives: who wins, who pays, what happens next. Master's in Business, CUHK

Education

Master’s in Business, The Chinese University of Hong Kong (CUHK)

Pronouns

he/him

Work

Quantitative finance professional in stochastic models and option pricing.

Why Enterprise AI Pilots Fail Renewal When Task Speed Does Not Move Revenue

Why Enterprise AI Pilots Fail Renewal When Task Speed Does Not Move Revenue

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Why Big Tech's $828 Billion Infrastructure Bill Will Hit Your API Invoice

Why Big Tech's $828 Billion Infrastructure Bill Will Hit Your API Invoice

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3 min read
Why Cheaper Tokens Fail to Cut the Inference Bill

Why Cheaper Tokens Fail to Cut the Inference Bill

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The Non-Price Rationing of Offensive Compute

The Non-Price Rationing of Offensive Compute

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The Mincer Premium Meets Synthetic Inference

The Mincer Premium Meets Synthetic Inference

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The Credence Good of Inference Compute

The Credence Good of Inference Compute

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The S-1 Reveals the Real AI Balance Sheet

The S-1 Reveals the Real AI Balance Sheet

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The Cost of Clearing Thirty Billion

The Cost of Clearing Thirty Billion

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The Cost of Cutting the Cord

The Cost of Cutting the Cord

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The Credit Spread of Compute

The Credit Spread of Compute

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The Multi-Cloud Drawdown

The Multi-Cloud Drawdown

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The Sovereign Floor Under Frontier Valuations

The Sovereign Floor Under Frontier Valuations

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The Rate-Inelasticity of Compute

The Rate-Inelasticity of Compute

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The One-Billion-Dollar Deductible

The One-Billion-Dollar Deductible

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The Securitization of Compute

The Securitization of Compute

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The Clearing Price of Human Taste

The Clearing Price of Human Taste

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The Navier-Stokes Option

The Navier-Stokes Option

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The Eighty-Five Percent Goodwill Loophole

The Eighty-Five Percent Goodwill Loophole

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The Fifty-Five Percent Cloud Hurdle

The Fifty-Five Percent Cloud Hurdle

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The $518 Billion Compute Swap: Inside Anthropic's IPO Prospectus

The $518 Billion Compute Swap: Inside Anthropic's IPO Prospectus

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The Price of Thought: Does Test-Time Reasoning Pay in LLM Trading?

The Price of Thought: Does Test-Time Reasoning Pay in LLM Trading?

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The Sovereign AI Trade Deficit

The Sovereign AI Trade Deficit

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The Seven-Day Truce: Why Anthropic Had to Break Its Own Pause

The Seven-Day Truce: Why Anthropic Had to Break Its Own Pause

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What Happens When Chip Volume Doubles but the Grid Does Not

What Happens When Chip Volume Doubles but the Grid Does Not

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Tripo's 3 Billion Yuan Round Came With a Customer List

Tripo's 3 Billion Yuan Round Came With a Customer List

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OpenAI Priced Its Automated Intern at API Rates

OpenAI Priced Its Automated Intern at API Rates

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AT&T Routed the Easy Tokens Off the Frontier Bill

AT&T Routed the Easy Tokens Off the Frontier Bill

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Why AI Compute Deflation Vanishes on the Enterprise Invoice

Why AI Compute Deflation Vanishes on the Enterprise Invoice

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The Ten-Billion-Dollar Open Weight Gate

The Ten-Billion-Dollar Open Weight Gate

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AI Copyright Is Settling First at the Output Layer

AI Copyright Is Settling First at the Output Layer

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Nvidia Is Buying a Call Option on Power

Nvidia Is Buying a Call Option on Power

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OpenAI Hit Its Own Brakes. Now What?

OpenAI Hit Its Own Brakes. Now What?

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