"A Lot Of BS, Honestly": Apollo Head Says Everyone Is Measuring AI Wrong

The tokenomics debate got its sharpest contrarian voice this morning, and it came from inside the building.

John Zito, co-president of Apollo Asset Management, sat for a fireside chat at the Morgan Stanley US Financials Conference on Wednesday, where he suggested to Bloomberg that measured per unit of intelligence delivered rather than per token, prices are collapsing - even as low-value usage drives the actual bills up.