Turning compute into a tradable commodity could fuel the next stage of the AI boom, just like oil futures and spectrum auctions unlocked waves of investment (Felix Salmon/Bloomberg)

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Felix Salmon / Bloomberg:Turning compute into a tradable commodity could fuel the next stage of the AI boom, just like oil futures and spectrum auctions unlocked waves of investment  —  Just as oil futures and spectrum auctions unlocked waves of investment, turning compute into a tradable commodity will be needed to fuel AI's next stage.