Yujing Qian

Yujing Qian
GMI Cloud company logo.
Head of Engineering
GMI Cloud

Presentation Title:

Token Economics and the Collapsing Bubble of Closed-Source Lock-In

Presentation Summary:

Closed-source AI models deliver strong performance today, but their economics don’t scale. Builders are already spending tens of thousands monthly on inference, with token costs 8–10x higher than open-source alternatives for only marginal benchmark gains.

This talk explores how reliance on closed-source providers is the real AI bubble—and why forward-looking companies are insulating themselves with two strategies: model agnosticism and open-source + reinforcement learning (RL).

Picture of About | Yujing Qian

About | Yujing Qian

Yujing Qian is the Head of Engineering at GMI Cloud, where he leads the development of cutting-edge GPU cloud infrastructure to help companies accelerate their AI workloads at scale.

Previously, he served as an engineering leader at Mineral, an Alphabet company, building AI-powered solutions for sustainable agriculture.

With deep expertise in software engineering, AI, and advanced research — including work in quantum cryptography and multiple patents — Yujing combines technical excellence with a passion for solving real-world problems.