The AI race is no longer just about building better models. As competition shifts from scientific discovery to deployment, success increasingly depends on computing power, advanced semiconductors, physical infrastructure, and markets large enough to justify the enormous investments they require.

Antonin Bergeaud and Robin Rivaton

31 July 2026

Project Syndicate

https://www.project-syndicate.org/onpoint/ai-has-made-infrastructure-matter-again-by-antonin-bergeaud-and-robin-rivaton-2026-07?utm_source=Project%20Syndicate%20Newsletter&utm_campaign=2d45bcf8ba-Sunday_Newsletter_2026_08_02&utm_medium=email&utm_term=0_-68840aea92-107147833

This work is published under POID and the CEP's Growth programme.

This publication comes under the following CEP theme: Technology adoption and diffusion