What Electrification Teaches Us About AI's Real Value Layer

Early technological revolutions focus intensely on infrastructure. In the electrical age, the focus was on dynamos and central power stations; in the intelligence age, this manifests as an obsession with models, GPUs, and training runs. However, history proves that the true economic power shifts "up the stack" to the systems that reorganize human work and institutional behavior. Long-term value will concentrate in the platforms that restructure workflow, not in the foundational models themselves.