Comment by latentframe
1 hour ago
AI may be the first major technology cycle where access to capital and power and physical infrastructure matters almost as much as the software itself
1 hour ago
AI may be the first major technology cycle where access to capital and power and physical infrastructure matters almost as much as the software itself
Railroads seem like a good parallel: right of way, coal, and iron all were huge factors for success. That was greater CAPEX but the parallel does break down somewhat since railroads had huge, immediate demand and everything but fuel had much longer service lives.