21.8 Token Counting and Cost Estimation
Right, let’s talk about money. Not the abstract “compute” kind, but the very real, “oh god, my API bill” kind. When you’re working with Large Language Models, every token is a tiny little digital penny flying out of your wallet. Understanding how to count them and estimate cost isn’t just academic; it’s a survival skill. I’ve seen more than one developer’s jaw drop when they got their first monthly invoice after a careless for loop. Let’s make sure that’s not you.