**Old economy inputs:** Labor + capital **New economy inputs:** Computing power + code + energy + intelligence Whoever controls the bottleneck inputs controls the era's wealth creation. In the industrial era, that was land, then capital equipment. In the AI era, it's chips, data centers, and the code that orchestrates them. **Implications:** - Semiconductor manufacturing capacity (TSMC, Samsung) is geopolitically strategic - Energy infrastructure (for data centers) is AI infrastructure - Code is the new land — ownable, scalable, rent-generating **Cross-domain applications:** - Geopolitics: US-China chip war is a factor-of-production war, not just a tech rivalry - Career: skills in compute orchestration, AI engineering, and energy systems are the new "owning land" - Investment: energy + chips + cloud are the new industrial inputs to track **Source:** Peter H. Diamandis (@peterdiamandis), Apr 25 2026. Framing AI as a production factor shift, not just a technology shift.