Research Analyst - AI Tokenomics

About the role

SemiAnalysis is an independent research and analysis firm specializing in the Semiconductor and AI industries. Our in-depth coverage spans the entire supply chain, from semiconductor fabrication processes to cutting-edge AI Models, software, and infrastructure. We are recognized as the leading authority on the semiconductor supply chain, with the highest concentration of industry experts within one team, and a deep-rooted passion for delving into the intricacies. We are expanding our team to deepen our coverage of the broader AI ecosystem and its impact on real-world industries.

Position Overview

We’re hiring a AI Tokenomics Analyst to deepen our research into the economics of AI. We’re looking for someone with a passion for understanding the cutting edge of model architecture developing combined with the most advanced hardware systems used to serve those models. Our goal is to provide the economic and investment framework for investors, corporate capital allocators, and policymakers in understanding the economic value of AI and the actual cost curve of AI tokens and software forecast into the future. You will directly contribute to the development of our Tokenomics model, which is a holistic AI demand forecasting model that will be used by corporates, sovereigns, and investors across all industries and countries looking to capitalize on the economic value of deploying AI systems to produce new products and automate large swathes of the global intelligence economy.

What You'll Do

• Evaluate model architecture trends and innovations from the major AI research labs and the academic community that will have meaningful economic impact on the deployment of AI systems used in training and inferencing models.
• Develop a comprehensive internal model for simulating training and inference efficiency across different combinations of model architecture, hardware systems, inference KPIs (ie SLA/SLOs on throughput, time-to-first-token, context window, etc.), and simulated workloads (coding, chat, document, image, etc.).
• Diligently diligence existing and up-and-coming companies incorporating model tokens into their products, from startups to hyperscalers, across all industries and types of workloads.
• Combine the multidisciplinary approach of SemiAnalysis to forecast the impact of changes in model architecture and hardware on the future of AI economics.

What We're Looking For

• Undergrad/Masters/PhD in ML/AI or CS with focus on ML/AI
• Self-taught, motivated analysts with strong technical background in inference economics
• Deeply analytical economic researchers with a strong desire to pioneer the study of a brand new industry

Full-time role

Based in United States

Why SemiAnalysis?

• You’re placed directly inside the most important conversations shaping the future of AI and semiconductors.
• You’ll develop a first-principles understanding of the technical and economic dynamics behind the world’s most consequential technology, with rare end-to-end visibility across the entire stack—from silicon and systems to models, software, and real-world deployment.
• Your work is read and relied upon by the people allocating capital, building infrastructure, and setting strategy across the industry, giving your research and analysis real, measurable impact.
• The environment is built for learning and autonomy. You’ll have the freedom to chase interesting ideas, dig into emerging trends early, and continuously expand your technical and economic toolkit, supported by generous PTO, office stipends, competitive healthcare (medical, dental, vision), and support for conferences and ongoing learning.