Microsoft CEO Satya Nadella, in a recent article published on social media platform X, stated that "without human direction, you have compute running in circles," outlining his views on the future of the company in an AI-driven economy. Nadella's article, which can be read as Microsoft's blueprint for what comes next, centers on the idea of abundant intelligence. He wrote that "what is at stake is not some digital tool or system and its use, but how organisations continue to learn, build IP, differentiate, and thrive in a world where AI models can continuously absorb the expertise of humans and organisations and commoditise it." To explain this, Nadella introduces two concepts: human capital, consisting of expertise, judgement, relationships, creativity, institutional memory and domain knowledge, and token capital, referring to the AI systems, agents, workflows and digital capabilities organisations build and own.