Everything is a computer

After revisiting Carlota Perez’s famous framework from her book Technological Revolutions and Financial capital it strikes me that if you believe in the theory, all the build up and advances in AI might be a Deployment Age technology rather than whole new technology wave. Here’s a great analysis of how the theory might play out for where we are in the cycle by Jerry Neumann.

This means that the companies built around compute and Artificial Intelligence tooling like Nvidia, OpenAI, Vaire and the likes are Deployment Age companies. Assuming you believe that is the case, it has implications for where the value will be created.

This does not mean that what AI will unlock is not unprecedented and life changing. It just means that the general purpose technology that gave us the computer is more powerful than any of us initially imagined.