Brewster’s Trillions

TL;DR The AI infrastructure bubble has reached a point where companies just can’t actually spent all the money they might (notionally) have allocated. There might be money on a balance sheet somewhere, but good luck exchanging it for actual GPUs, or HVAC, or HVAC installers, or… When the sums of money get large enough it turns out that it’s difficult to actually spend it. That was the setup for George Barr McCutcheon’s 1902 novel ‘Brewster’s Millions‘ (and the multitude of film adaptations). Of course the sums of money now are MUCH, MUCH, BIGGER, which is why I’ve taken to calling this Brewster’s Trillions (or the Brewster’s Trillions problem). Brewster’s Millions The plot device of the book is that Montgomery Brewster must spend $1M within a year in order to inherit a much larger sum (timing and values vary in the films). This turns out to be more difficult that it initially seems, as he has to finish with no assets, and there are limitations on gifts, donations etc. Various comedy…