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There's a principle I keep coming back to… the bottleneck theory. Find whatever is standing between the world and where it's trying to get to, and that's where the capital floods. Because the universe is solving for intelligence per unit of energy, and it will clear every roadblock in the way to get there. Right now that bottleneck is power. So that's where the money is going. But bottlenecks move. Solve one and the next one lights up, which is why you don't get one thing running forever. You get rotations. It won't always be Nvidia. And here's the part the market hasn't worked out yet. The whole agent economy is still unpriced. For all of history the addressable market was humans. Now it's infinite. This is what happens underneath the Economic Singularity, and almost none of it is priced in yet. I've laid my frameworks out in full at https://t.co/GAGTnx2E9F