News Summary

• But the massive expansion of capacity is accompanied by growing shortages of raw materials and energy bottlenecks.
• Washington is relying on the healing forces of markets and a hard-edged raw materials strategy.
• Will the AI boom crash against the cliffs of physical reality, or does free-market capitalism still hold undiscovered paths to reduce or bypass scarcity in copper, power grids, transformers, and semiconductors?
• The algorithmic problem has already been solved through the redirection of American capital into the sector.