Anthropic Launches Fable 5.2 With 20% Lower Token Prices

The pricing structure here is the real story: cheaper per task but higher per token means the economics depend on how efficiently the model uses context, not on sticker price. That shifts competitive pressure toward agents and coding workloads where token consumption is heavy, and it complicates how buyers benchmark vendors against each other. Whether per-task cost becomes the standard comparison metric across the market is the open question.