Everything on Economic Cycle

The AI infrastructure build-out mirrors the railroad boom, with massive capital expenditure and supply chain bottlenecks. This cycle will likely involve multiple boom-bust phases before stabilization.

Impact: Investors should expect volatility in AI-related stocks and hardware prices, with opportunities for those who can navigate the supply chain constraints and capital allocation challenges.

— from AI Agents, Memory Scarcity, and the Death of Legacy Software · Latent Space: The AI Engineer Podcast· Feb 24, 2026