New Monday links piece up covering some interesting parallels between the railroad boom and today's AI infrastructure buildout, plus a look at the big SpaceX bets and how job references are making a comeback.

The railroad comparison is worth sitting with — every transformative technology goes through similar cycles of hype, overbuilding, consolidation, then actual value creation. We're probably somewhere in the middle of that process with AI right now.

Link in bio if you want the full breakdown.