The Forward View

Series

Compute & Market Structure

5 essays in this series, in reading order.

01
SECOND ORDERSeptember 13, 2024
Fast Inference in Generative AI: A Game Changer
5 min read
02
SECOND ORDERNovember 19, 2024
From Pit Stop to Pole Position: AI's Ferrari Moment
4 min read
03
SECOND ORDERSeptember 21, 2025
The Switzerland Strategy: How to Profit from AI Without Building AI
8 min read
04
SECOND ORDERMay 17, 2026
20,000 Chips
The Cerebras IPO, the architectural shift beneath it, and the milestones I will be watching
11 min read
05
SECOND ORDERJuly 11, 2026
Useful Life
The soft spot in the AI capex cycle is not the power line. It is the assumption underneath the earnings.
8 min read