Beyond the Build

Construction Trends

The Next Wave of Opportunities?

A few years ago, I met Joe Zidle, a leader at Blackstone, and have followed his posts since. He wrote an interesting article recently, sharing his take on the trajectory of generative AI, as a bubble or the way of the future. He talked about the exponential growth of data on the Internet, snowballing by the minute, comparing this to Amazon and the way they innovated supply chains.

As Amazon and other ecommerce platforms have continued to expand, so have their warehouse needs, resulting in some unprecedented growth in parts of the real estate and construction sector. Likewise, Zidle sees a need for growth in physical data centers, since the information they hold is the foundation for generative AI. While we all agree that the potential of this new technology is still in its infancy, I think this argument is one of the most logical I’ve read. All this information has to be stored somewhere, right?

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Merrill Stewart Jr.

Merrill Stewart is Founder and CEO of The Stewart/Perry Company, a commercial building contractor based in Birmingham.