The AI boom isn’t just about chatbots.

In this video, I explain why cloud companies and chipmakers are exploding in value: we’re moving into an economy where computation becomes a fundamental input – like steel, electricity or oil.

If that’s true, our demand for compute could approach infinity.

I also break down new data from Wharton’s 2025 AI Adoption Report, which shows how AI agents and automated workflows are already spreading through major U.S. companies: https://knowledge.wharton.upenn.edu/special-report/2025-ai-adoption-report/

Timestamps:

(00:00) The economic shift to computation (00:40) The surprising Cloud business boom (02:52) Is the hardware industry growth a bubble? (03:18) What is computing, really? (04:31) Our insatiable appetite for computing (09:15) Our economic dependence on computation (10:54) The rise of agentic workforces (13:05) What does infinite demand actually mean? (15:23) The future of compute demand

Where to find me:

• Exponential View newsletter: https://www.exponentialview.co/
• Website: https://www.azeemazhar.com/
• LinkedIn: https://www.linkedin.com/in/azhar
• Twitter/X: https://x.com/azeem

Production by supermix.io and EPIIPLUS1

Production and research: Chantal Smith, Hannah Petrovic and Marija Gavrilov.