THE UNLIMITED TOKEN MYTH JUST DIED $TOKEN 🚨
At the Global Unicorn Enterprise Conference, 360 founder Zhou Hongyi said AI tokens are not like mobile data because every task burns compute, information processing, and “intellectual cost.” For institutions, that reinforces a usage-based AI economy where pricing, margins, and infrastructure demand stay tightly linked to real resource consumption.
Track the compute bottleneck. Ignore unlimited-usage narratives. Reprice AI exposure by metering power, not traffic. Rotate into infrastructure, inference, and cloud capacity; monitor who can pass through cost and who gets squeezed when usage spikes.
I think this matters because it kills the easiest valuation story in AI. If tokens stay tethered to compute, the real winners are the operators with pricing power and infrastructure control, and that setup can re-rate fast.
Not financial advice. Manage your risk.
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