In this episode of 9Innings, host Kevin Thompson sits down with Spear Invest founder Ivana Delevska to discuss one of the hottest investment themes in the market today: AI infrastructure and the explosion in data center demand.

The conversation explores the growing political pushback against new data center developments in cities like Fort Worth and New York, while highlighting why many rural communities are embracing these projects. Ivana explains the concept of compute constraints, why both AI model training and inference are driving unprecedented demand, and what it all means for investors.

Kevin and Ivana also examine the economics of energy, the possibility of space-based data centers, and whether today's AI infrastructure boom resembles the fiber optic buildout of the late 1990s.

Despite concerns about elevated valuations and increasing concentration among technology mega-caps, Ivana remains optimistic. She points to powerful demand signals, including Anthropic's rapid revenue growth, as evidence that this cycle is being driven by real adoption rather than speculation alone.

(00:00) – The War on Data Centers: Why Cities Are Saying No

(03:21) – What Does "Compute Constrained" Actually Mean?

(06:25) – Who Pays for AI? The Hidden Energy Problem

(10:29) – Is This Another Dot-Com Bubble?

(15:29) – Are Big Tech Companies Becoming Too Powerful?

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Corrections: Editing by http://SwoleNerdProductions.com

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Welcome to the 9Innings Podcast where we Educate, Empower and Engage.

ON THIS WEEKS PODCAST: Kevin describes why he decided to open his own RIA, and what lead to his move. He also talks about what he discovered after the move was made, and talk some "Fact vs Fiction". Companies will often make you feel as if you cannot live without them, Kevin takes you on his journey and why that "may" not be true. Website: http://www.9icapitalgroup.com

In this episode, host Kevin interviews Dr. John T. Harvey, the "cowboy economist," about inflation and economic policy. Dr. Harvey distinguishes between demand-pull and cost-push inflation, criticizing the Federal Reserve's focus on core CPI while excluding food and energy prices. He challenges conventional thinking about government debt, supports paying living wages despite inflationary effects, and warns about America's short-term economic thinking compared to China's long-term planning. Dr. Harvey argues the Fed has limited ability to control inflation and that misallocation of resources, rather than debt itself, is America's primary economic concern.

(01:47) – Demand-Pull vs. Cost-Push Inflation: Understanding the Difference

(04:39) – Trimmed Inflation Explained: Better Data or Statistical Smoke and Mirrors?

(12:16) – Corporate Profits, Market Concentration, and the Real Drivers of Post-COVID Inflation

(20:44) – The Fed's 2% Inflation Target: Is It Still Realistic?

(30:42) – The Future of the U.S. Dollar, National Debt, and America's Economic Outlook

(41:11) – Quick Fire Round: Inflation Myths, Interest Rates, and What's Next

NEWSLETTER (WHAT NOW): https://substack.com/@9icapital?r=2eig6s&utm_campaign=profile&utm_medium=profile-page

Follow Us: youtube: / @9icap

Linkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428

facebook: / mlb2cfp

Buy MLB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-90-Feet-Counting-ebook/dp/B0BLJPYNS4

Website: http://www.9icapitalgroup.com

Hit the subscribe button to get new content notifications.

Corrections: Editing by http://SwoleNerdProductions.com

Disclosure: https://sites.google.com/view/9idisclosure/disclosure