Earlier quoted context omitted.
This is really fascinating to me. I was reading this article and originally agreed with you, "I mean, under the covers it's got to be converting to text tokens at some point, so there is no way it's actually cheaper for Claude itself to execute." But then there is a comment below talking about how DeepSeek was able to get a huge improvement in compression by using visual tokens, https://news.ycombinator.com/item?id=4…
That was DeepSeek OCR, not a DeepSeek lineage LLM. If the idea is introduced in LLMs, then you're right. But Gemini is not doing that, not yet. This is something I literally discussed with Claude last week, but took its word for it.
Exact details of text to image compression ratios are of course extremely dependent on the model architecture, training data, training objectives, etc., so there's probably not too much justification for generalizing to all models