We are pouring $8 trillion into AI data centers, but history reveals a brutal truth: the companies building the physical infrastructure almost never capture the lasting wealth.
Comparing today’s AI frenzy to the massive historical build-outs of the railroads, electrification, telecom monopolies, and the dot-com dark fiber bust, Alan explains how Jevons Paradox forces value to flee the infrastructure layer and migrate "up the stack."
The trio also tackles whether software engineers are facing obsolescence or evolution, how "vibe coding" changes development, and why AI search threatens the core business model of online media.
Check out Alan Shimel's book, The Indispensability Trap. available on Amazon and wherever books are sold.
This and more on Agents of Dev, part of the Futurum Media Podcast Network.
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