An overview of macro tech trends: capex explosion, unprecedented surge in chip demand, supply chain bottlenecks, model commoditization, AI automation, and more (Benedict Evans)

Benedict Evans: An overview of macro tech trends: capex explosion, unprecedented surge in chip demand, supply chain bottlenecks, model commoditization, AI automation, and more — Twice a year, I produce a big presentation exploring macro and strategic trends in the tech industry. — New in May 2026, ‘AI eats the world’.