The AI Boom Is Becoming an Infrastructure Boom—Who Pays for the Physical World Behind Intelligence?
Artificial intelligence looks digital, but scaling it requires an increasingly physical system of data centres, electricity generation, transmission lines, transformers, cooling systems, water, land, construction equipment and enormous amounts of capital. As that infrastructure expands, the central question is shifting from “How powerful will AI become?” to “Who should pay for the physical resources needed to make it possible?”
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