Fiat News 💵📰 on Nostr: Stijn Van Nieuwerburgh has published a new book, Financing the Development of ...
Stijn Van Nieuwerburgh has published a new book, Financing the Development of Artificial Intelligence, framing the AI boom as a modern California gold rush: a small number of 'prospectors' made fortunes, and those who sold the shovels profited too. The piece appeared on 27 October 2026. Van Nieuwerburgh emphasizes that AI’s expansion contains both a software component and a substantial hardware component. He highlights that understanding AI finance requires attention to investments in compute, chips and physical infrastructure as well as model and software development. The book’s analogy underlines how returns have flowed not only to AI developers but also to suppliers of the underlying technology and equipment. #AI #AIinfrastructure #StijnVanNieuwerburgh #FiatNews
Published at
2026-10-27 05:55:02 UTCEvent JSON
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"content": "Stijn Van Nieuwerburgh has published a new book, Financing the Development of Artificial Intelligence, framing the AI boom as a modern California gold rush: a small number of 'prospectors' made fortunes, and those who sold the shovels profited too. The piece appeared on 27 October 2026. Van Nieuwerburgh emphasizes that AI’s expansion contains both a software component and a substantial hardware component. He highlights that understanding AI finance requires attention to investments in compute, chips and physical infrastructure as well as model and software development. The book’s analogy underlines how returns have flowed not only to AI developers but also to suppliers of the underlying technology and equipment. #AI #AIinfrastructure #StijnVanNieuwerburgh #FiatNews",
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