Agents Over Bubbles

📰 Stratechery

Agents are changing compute demand, making a bubble unlikely

advanced Published 16 Mar 2026
Action Steps
  1. Understand the concept of agents and their applications
  2. Analyze how agents affect compute demand
  3. Evaluate the implications of agents on business strategy and resource planning
  4. Consider the potential impact of agents on the tech industry as a whole
Who Needs to Know This

Product managers and software engineers can benefit from understanding the impact of agents on compute demand, as it informs strategic decisions on resource allocation and infrastructure planning

Key Insight

💡 Agents are changing the landscape of compute demand, making a bubble unlikely

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🚀 Agents are revolutionizing compute demand!

Key Takeaways

Agents are changing compute demand, making a bubble unlikely

Full Article

Agents are fundamentally changing the shape of demand for compute, both in terms of how they work and in terms of who will use them. They're so compelling that I no longer believe we're in a bubble.
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