Compute and energy are the scarce inputs of the AI era — own them if you can

Every AI agent needs chips, electricity, cooling, and somewhere to run. Greg Isenberg argues that if you own those scarce inputs, you are in a very strong position. Crusoe recently raised 3.9 billion dollars for its vertically integrated AI infrastructure platform, and Michael Dell's son is reportedly raising billions for an energy company. The pattern is clear: compute and energy are infrastructure-layer bets on the entire AI economy, not just one application. For anyone who can find a way to be involved in these businesses — whether as a founder, investor, or operator — the structural tailwind is enormous.