Essay
The Building Built for a Three-Year Machine
Long-term data centre commitments depend on short hardware cycles. Each party needs to price the exposure it actually holds.
Browse
Topics
Browse the publication by subject. A piece may appear under more than one topic when its argument crosses technical, operating and financial boundaries.
AI infrastructure
CAC-007
CAC-008
Essay
Buying the Bottleneck
The SpaceX–Bloom acquisition thesis depends on benefits that require ownership and on risks the acquisition would still leave unresolved.
Accounting
CAC-007
Essay
The Building Built for a Three-Year Machine
Long-term data centre commitments depend on short hardware cycles. Each party needs to price the exposure it actually holds.
CAC-010
Essay
The Paragraph Everyone's Auditor Writes
Costco illustrates how a controlled transaction path could support several consequential AI workflows with distinct decision authorities.
Architecture
CAC-004
The Hidden Obligations of Enterprise AI · Part 1
The Model Will Be Gone Before the Product Is
Long-lived products need AI components that can be maintained and replaced throughout the support obligation.
CAC-004-G
Executive brief
The AI Dependency Your Validation Framework Doesn't Cover
A validated model can still create continuity risk if its replacement takes longer than the supplier allows.
CAC-010
Essay
The Paragraph Everyone's Auditor Writes
Costco illustrates how a controlled transaction path could support several consequential AI workflows with distinct decision authorities.
Banking
CAC-004
The Hidden Obligations of Enterprise AI · Part 1
The Model Will Be Gone Before the Product Is
Long-lived products need AI components that can be maintained and replaced throughout the support obligation.
CAC-005
The Hidden Obligations of Enterprise AI · Part 2
The Verification Shadow
Faster generation creates value only after the cost of verification, acceptance and exceptions is accounted for.
CAC-006
The Hidden Obligations of Enterprise AI · Part 3
The Three Clocks Behind the AI Business Case
Model capability, enterprise adoption and financial value move on different schedules. The investment case needs to connect them.
CAC-004-G
Executive brief
The AI Dependency Your Validation Framework Doesn't Cover
A validated model can still create continuity risk if its replacement takes longer than the supplier allows.
Capital allocation
CAC-006
The Hidden Obligations of Enterprise AI · Part 3
The Three Clocks Behind the AI Business Case
Model capability, enterprise adoption and financial value move on different schedules. The investment case needs to connect them.
CAC-007
Essay
The Building Built for a Three-Year Machine
Long-term data centre commitments depend on short hardware cycles. Each party needs to price the exposure it actually holds.
CAC-008
Essay
Buying the Bottleneck
The SpaceX–Bloom acquisition thesis depends on benefits that require ownership and on risks the acquisition would still leave unresolved.
CAC-004-F
Executive brief
Two Numbers You Will Be Asked For
Finance needs to establish how generative development affects the evidence and useful-life assumptions behind capitalised software.
Consulting
CAC-001
Professional Services in the Age of AI · Part 1
The Artifact Was Not the Whole Product
My 2022 prediction anticipated modular consulting delivery, but underestimated the capabilities surrounding the deliverable.
CAC-002
Professional Services in the Age of AI · Part 2
Who Owns the Consulting Platform?
Owning an advisory product does not settle who controls its distribution, client context or learning from deployment.
CAC-003
Professional Services in the Age of AI · Part 3
The Apprenticeship Problem
Automating junior delivery can improve current margins while removing experience needed to develop future judgement.
CAC-002-C
Executive brief
Before You Fund the Platform
A consulting platform investment needs an explicit position on the rights that sustain its business model.
Corporate finance
CAC-008
Essay
Buying the Bottleneck
The SpaceX–Bloom acquisition thesis depends on benefits that require ownership and on risks the acquisition would still leave unresolved.
Data centres
CAC-007
Essay
The Building Built for a Three-Year Machine
Long-term data centre commitments depend on short hardware cycles. Each party needs to price the exposure it actually holds.
Economics
CAC-001
Professional Services in the Age of AI · Part 1
The Artifact Was Not the Whole Product
My 2022 prediction anticipated modular consulting delivery, but underestimated the capabilities surrounding the deliverable.
CAC-002
Professional Services in the Age of AI · Part 2
Who Owns the Consulting Platform?
Owning an advisory product does not settle who controls its distribution, client context or learning from deployment.
CAC-003
Professional Services in the Age of AI · Part 3
The Apprenticeship Problem
Automating junior delivery can improve current margins while removing experience needed to develop future judgement.
CAC-005
The Hidden Obligations of Enterprise AI · Part 2
The Verification Shadow
Faster generation creates value only after the cost of verification, acceptance and exceptions is accounted for.
CAC-006
The Hidden Obligations of Enterprise AI · Part 3
The Three Clocks Behind the AI Business Case
Model capability, enterprise adoption and financial value move on different schedules. The investment case needs to connect them.
CAC-004-F
Executive brief
Two Numbers You Will Be Asked For
Finance needs to establish how generative development affects the evidence and useful-life assumptions behind capitalised software.
Energy
CAC-007
Essay
The Building Built for a Three-Year Machine
Long-term data centre commitments depend on short hardware cycles. Each party needs to price the exposure it actually holds.
CAC-008
Essay
Buying the Bottleneck
The SpaceX–Bloom acquisition thesis depends on benefits that require ownership and on risks the acquisition would still leave unresolved.
Enterprise AI
CAC-001
Professional Services in the Age of AI · Part 1
The Artifact Was Not the Whole Product
My 2022 prediction anticipated modular consulting delivery, but underestimated the capabilities surrounding the deliverable.
CAC-002
Professional Services in the Age of AI · Part 2
Who Owns the Consulting Platform?
Owning an advisory product does not settle who controls its distribution, client context or learning from deployment.
CAC-003
Professional Services in the Age of AI · Part 3
The Apprenticeship Problem
Automating junior delivery can improve current margins while removing experience needed to develop future judgement.
CAC-004
The Hidden Obligations of Enterprise AI · Part 1
The Model Will Be Gone Before the Product Is
Long-lived products need AI components that can be maintained and replaced throughout the support obligation.
CAC-005
The Hidden Obligations of Enterprise AI · Part 2
The Verification Shadow
Faster generation creates value only after the cost of verification, acceptance and exceptions is accounted for.
CAC-006
The Hidden Obligations of Enterprise AI · Part 3
The Three Clocks Behind the AI Business Case
Model capability, enterprise adoption and financial value move on different schedules. The investment case needs to connect them.
CAC-002-C
Executive brief
Before You Fund the Platform
A consulting platform investment needs an explicit position on the rights that sustain its business model.
CAC-004-F
Executive brief
Two Numbers You Will Be Asked For
Finance needs to establish how generative development affects the evidence and useful-life assumptions behind capitalised software.
CAC-004-G
Executive brief
The AI Dependency Your Validation Framework Doesn't Cover
A validated model can still create continuity risk if its replacement takes longer than the supplier allows.
CAC-009
Essay
When Experience Becomes a Liability
Executive hiring should test whether the conditions behind a candidate's scale credentials still fit the mandate.
CAC-010
Essay
The Paragraph Everyone's Auditor Writes
Costco illustrates how a controlled transaction path could support several consequential AI workflows with distinct decision authorities.
Executive hiring
CAC-009
Essay
When Experience Becomes a Liability
Executive hiring should test whether the conditions behind a candidate's scale credentials still fit the mandate.
Forecasting
CAC-001
Professional Services in the Age of AI · Part 1
The Artifact Was Not the Whole Product
My 2022 prediction anticipated modular consulting delivery, but underestimated the capabilities surrounding the deliverable.
Governance
CAC-001
Professional Services in the Age of AI · Part 1
The Artifact Was Not the Whole Product
My 2022 prediction anticipated modular consulting delivery, but underestimated the capabilities surrounding the deliverable.
CAC-003
Professional Services in the Age of AI · Part 3
The Apprenticeship Problem
Automating junior delivery can improve current margins while removing experience needed to develop future judgement.
CAC-004
The Hidden Obligations of Enterprise AI · Part 1
The Model Will Be Gone Before the Product Is
Long-lived products need AI components that can be maintained and replaced throughout the support obligation.
CAC-005
The Hidden Obligations of Enterprise AI · Part 2
The Verification Shadow
Faster generation creates value only after the cost of verification, acceptance and exceptions is accounted for.
CAC-004-F
Executive brief
Two Numbers You Will Be Asked For
Finance needs to establish how generative development affects the evidence and useful-life assumptions behind capitalised software.
CAC-004-G
Executive brief
The AI Dependency Your Validation Framework Doesn't Cover
A validated model can still create continuity risk if its replacement takes longer than the supplier allows.
CAC-009
Essay
When Experience Becomes a Liability
Executive hiring should test whether the conditions behind a candidate's scale credentials still fit the mandate.
CAC-010
Essay
The Paragraph Everyone's Auditor Writes
Costco illustrates how a controlled transaction path could support several consequential AI workflows with distinct decision authorities.
Healthcare
CAC-004
The Hidden Obligations of Enterprise AI · Part 1
The Model Will Be Gone Before the Product Is
Long-lived products need AI components that can be maintained and replaced throughout the support obligation.
CAC-005
The Hidden Obligations of Enterprise AI · Part 2
The Verification Shadow
Faster generation creates value only after the cost of verification, acceptance and exceptions is accounted for.
CAC-006
The Hidden Obligations of Enterprise AI · Part 3
The Three Clocks Behind the AI Business Case
Model capability, enterprise adoption and financial value move on different schedules. The investment case needs to connect them.
CAC-004-G
Executive brief
The AI Dependency Your Validation Framework Doesn't Cover
A validated model can still create continuity risk if its replacement takes longer than the supplier allows.
Industrial and embedded systems
CAC-004
The Hidden Obligations of Enterprise AI · Part 1
The Model Will Be Gone Before the Product Is
Long-lived products need AI components that can be maintained and replaced throughout the support obligation.
CAC-005
The Hidden Obligations of Enterprise AI · Part 2
The Verification Shadow
Faster generation creates value only after the cost of verification, acceptance and exceptions is accounted for.
Mergers and acquisitions
CAC-008
Essay
Buying the Bottleneck
The SpaceX–Bloom acquisition thesis depends on benefits that require ownership and on risks the acquisition would still leave unresolved.
Operating models
CAC-001
Professional Services in the Age of AI · Part 1
The Artifact Was Not the Whole Product
My 2022 prediction anticipated modular consulting delivery, but underestimated the capabilities surrounding the deliverable.
CAC-002
Professional Services in the Age of AI · Part 2
Who Owns the Consulting Platform?
Owning an advisory product does not settle who controls its distribution, client context or learning from deployment.
CAC-003
Professional Services in the Age of AI · Part 3
The Apprenticeship Problem
Automating junior delivery can improve current margins while removing experience needed to develop future judgement.
CAC-005
The Hidden Obligations of Enterprise AI · Part 2
The Verification Shadow
Faster generation creates value only after the cost of verification, acceptance and exceptions is accounted for.
CAC-006
The Hidden Obligations of Enterprise AI · Part 3
The Three Clocks Behind the AI Business Case
Model capability, enterprise adoption and financial value move on different schedules. The investment case needs to connect them.
CAC-002-C
Executive brief
Before You Fund the Platform
A consulting platform investment needs an explicit position on the rights that sustain its business model.
CAC-004-G
Executive brief
The AI Dependency Your Validation Framework Doesn't Cover
A validated model can still create continuity risk if its replacement takes longer than the supplier allows.
CAC-009
Essay
When Experience Becomes a Liability
Executive hiring should test whether the conditions behind a candidate's scale credentials still fit the mandate.
CAC-010
Essay
The Paragraph Everyone's Auditor Writes
Costco illustrates how a controlled transaction path could support several consequential AI workflows with distinct decision authorities.
Organisation design
CAC-009
Essay
When Experience Becomes a Liability
Executive hiring should test whether the conditions behind a candidate's scale credentials still fit the mandate.
Platforms
CAC-002
Professional Services in the Age of AI · Part 2
Who Owns the Consulting Platform?
Owning an advisory product does not settle who controls its distribution, client context or learning from deployment.
CAC-002-C
Executive brief
Before You Fund the Platform
A consulting platform investment needs an explicit position on the rights that sustain its business model.
Professional services
CAC-001
Professional Services in the Age of AI · Part 1
The Artifact Was Not the Whole Product
My 2022 prediction anticipated modular consulting delivery, but underestimated the capabilities surrounding the deliverable.
CAC-002
Professional Services in the Age of AI · Part 2
Who Owns the Consulting Platform?
Owning an advisory product does not settle who controls its distribution, client context or learning from deployment.
CAC-003
Professional Services in the Age of AI · Part 3
The Apprenticeship Problem
Automating junior delivery can improve current margins while removing experience needed to develop future judgement.
CAC-002-C
Executive brief
Before You Fund the Platform
A consulting platform investment needs an explicit position on the rights that sustain its business model.
Real estate
CAC-007
Essay
The Building Built for a Three-Year Machine
Long-term data centre commitments depend on short hardware cycles. Each party needs to price the exposure it actually holds.
Retail
CAC-010
Essay
The Paragraph Everyone's Auditor Writes
Costco illustrates how a controlled transaction path could support several consequential AI workflows with distinct decision authorities.
Strategy
CAC-002
Professional Services in the Age of AI · Part 2
Who Owns the Consulting Platform?
Owning an advisory product does not settle who controls its distribution, client context or learning from deployment.
CAC-004
The Hidden Obligations of Enterprise AI · Part 1
The Model Will Be Gone Before the Product Is
Long-lived products need AI components that can be maintained and replaced throughout the support obligation.
CAC-006
The Hidden Obligations of Enterprise AI · Part 3
The Three Clocks Behind the AI Business Case
Model capability, enterprise adoption and financial value move on different schedules. The investment case needs to connect them.
CAC-008
Essay
Buying the Bottleneck
The SpaceX–Bloom acquisition thesis depends on benefits that require ownership and on risks the acquisition would still leave unresolved.
CAC-002-C
Executive brief
Before You Fund the Platform
A consulting platform investment needs an explicit position on the rights that sustain its business model.
Structured finance
CAC-007
Essay
The Building Built for a Three-Year Machine
Long-term data centre commitments depend on short hardware cycles. Each party needs to price the exposure it actually holds.
Talent
CAC-003
Professional Services in the Age of AI · Part 3
The Apprenticeship Problem
Automating junior delivery can improve current margins while removing experience needed to develop future judgement.
CAC-009
Essay
When Experience Becomes a Liability
Executive hiring should test whether the conditions behind a candidate's scale credentials still fit the mandate.
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