A few things to think about as AI gets more capable: 1. Intelligence is becoming abundant and limitations are moving somewhere else. Good judgment, good questions, good data and knowing what to do with an answer are becoming more valuable than simply having access to a model. 2. The cost of trying an idea has collapsed. You can build a prototype, analyze a market, test a workflow or write the first version of a product in an afternoon. That changes how I think about ideas. There is less reason to debate something for three months when you can test it this week. 3. Most of what gets produced with AI will be mediocre. That makes taste more valuable. When everyone can produce ten versions of something before lunch, knowing which one deserves to exist becomes a real advantage. 4. A lot of AI value will sit outside the model. Models will improve, prices will change and providers will come and go. The data, workflows, infrastructure and relationships built around those models can become much more durable assets. 5. Access and ownership are two very different things. Renting intelligence from a provider is incredibly useful. Having some control over the compute, data and systems your business depends on gives you a different kind of leverage. 6. AI is also changing the size of a company that can do meaningful things. A small team with access to good models, software agents and the right infrastructure can take on work that would previously have required a much larger organisation. 7. This is why I keep coming back to user-owned infrastructure. If AI becomes one of the basic layers of the economy, I don't think every person and business should have to remain a permanent tenant of someone else's infrastructure. There is a lot of excitement around what AI can do, we should be more interested in what kind of economy we build around it.