AI Supremacy

Good Morning,

I can’t stop thinking about the AI hype narrative and the momentum this technological wave has upon us. Thank you to all of my readers, we have appeared in Substack’s Technology rising leaderboard this past week.

There are many who claim that AI looks exactly like the dot.com bubble. The level of enthusiasm and capital expenditures BigTech has put into AI chips, datacenters, AI infrastructure and AI talent is hard to even fathom. If you include OpenAI’s investments in Stargate we are talking about a quarter of a Trillion dollars in 2025 easily. This is not counting investments in Europe, the Middle East or China.