The Super Intelligence Empires

Some AI companies are extraordinarily profitable; others are spending extraordinary sums trying to be. The cost of making intelligence, the price of selling it, and the landlords' arithmetic.

In 2024 you talked to the AI. In 2026 the AI does things. What an agent is, the three waves, and why delegation turns a product into power.

The defining fact of the last two years is not a model but a purchase order: roughly $1.3 trillion of capital spending, the bet underneath it, and the energy problem below the money.

Priya Deshmukh, 41, Mumbai, wakes at 6.10am because something in her ear told her to. A fictional Tuesday in 2031, built from technologies that already exist.

In September 2026 the iPhone started answering questions with a brain rented from Google, and almost nobody noticed. The question this book asks, and the Five Rights of AI Power.

Sidharth Jain did not set out to write about AI. He set out to understand where his money had gone. The author's note on investing, the title, and why this book has to be dated.