korrents
Paul Kedrosky

What Paul Kedrosky thinks about infrastructure

@paul-kedrosky · 12 positions · On ppll ↗

Venture investor and writer; publishes on risk, complexity, finance, technology and economic history at paulkedrosky.com.

Paul Kedrosky did not write this page.

We collected these quotes from things they published elsewhere, and every quote links to where it was said. They have no account here and have not endorsed this site. Quotes are word for word; the short line under each one is our own restatement, not their wording. Their own site. Is this you? Claim it or ask us to remove it. Or tell us what is wrong here.

Filter infrastructure · Newest first
Topic
All 12infrastructure 4investing 2AI and jobs 1Anthropic 1OpenAI 1
Sort
NewestOldest

Only Paul Kedrosky on infrastructure. See everyone on infrastructure

4 dated positions, 2026, in their own words. Our reading of what Paul Kedrosky has said — not written or endorsed by them.

4 positions so far — this page is not yet offered to search engines.

  1. Our readingThe economics of AI infrastructure are backwards: the spending is increasingly locked in while the revenue needed to justify it is still uncertain.

    Their wordsThe harder question is what revenue that spending implies, because the math is backwards, with revenue uncertain, but capex increasingly locked in.

    ↗How Much Revenue Must AI Deliver?paulkedrosky.com

  2. 1 day earlier

  3. Our readingScarcity in AI has moved from cognition to what is needed to apply it: proprietary data, trusted access, physical infrastructure, distribution and managerial competence.

    Their wordsScarcity has exited cognition toward everything required to apply it: proprietary data, trusted access, physical infrastructure, distribution, and, yes, the scarcest resource of all, managerial competence.

    ↗Roundup: Cheap Thought, Costly Consequencespaulkedrosky.com 2nd of 3 in this piece

  4. 13 days earlier

  5. Our readingAI infrastructure spending is no longer funded from cash flow alone, and its capital needs are beginning to reshape the investment-grade bond market.

    Their wordsThe AI buildout is no longer being financed from cash flow alone: its capital requirements are beginning to reshape the investment-grade debt market.

    ↗Roundup: Capital, Confidence, and Contagionpaulkedrosky.com 2nd of 3 in this piece

  6. 3 days earlier

  7. Our readingAI infrastructure spending is large enough to alter the composition of US trade and national investment data.

    Their wordsAI infrastructure spending is now large enough to alter the composition of US trade and national investment data.

    ↗Roundup: Capex, Trade, Risk, Climate, Call Centers, Concentration, etc.paulkedrosky.com 1st of 3 in this piece