Trend · rank 67 of 250

Capital concentration in AI

Equity value, corporate investment and credit are concentrating in a small number of AI-linked firms and the infrastructure they finance, tying national markets and savings to a narrow set of technological expectations.

Financial StrengthAI, compute & quantumaidebt financecompute

Second pass: Carried forward from the first pass unchanged. Held by all three panel models.

Sensitivity and network position

Rank
67of 250
Sensitivity
15.0rank 45
Breadth
2of 20 scenarios High or above
PageRank
36.6rank 114
Eigenvector
2.3
Betweenness
25.3
Links
12trends at Moderate similarity or above
Composite
27.7

Attention over three years

How much this trend is read about on Wikipedia and searched for on Google, week by week, set against the typical trend in the list so that what moves every trend at once is taken out. 100 is this trend's own three-year average. The score measures public attention, which is not the same as the strength of the force: a trend can deepen unnoticed, and a news event can lift attention for a fortnight.

Now
196
Over a year
+63%Surging
Over three years
+191%
Peak
26726 Jul 2026
Sources
Bothagreement 0.84
Coverage
4languages · 51 nations

Trailing 4-week average. 100 is this trend’s three-year average.

By language

Wikipedia reading in each language edition where the trend’s pages are read enough to measure (4 of 28). Share is of all the readers counted.

LanguageShareNowOver a yearThree years
English90%187+133%
French7%191+229%
Chinese3%162+86%
Portuguese1%164+28%

By country

Google search interest over the three years, as a share of each country’s searching. 100 is the nation where interest is highest. The search terms are English, which favours countries that search in English.

South Korea

Singapore

United States

Netherlands

Canada

Taiwan

Australia

New Zealand

United Kingdom

Japan

United Arab Emirates

Israel

100

98

36

34

27

26

25

21

21

20

18

16

The 12 highest of 51 nations with a reading.

By region and G20 member

Attention to this trend inside each place, from Google searches made in its countries and Wikipedia reading in the languages mostly read there, averaged where both exist. Each line compares the trend with its own past in that place; the lines do not compare places.

Regions

PlaceRead fromNow90 days1 year3 yearsThree years
North AmericaGoogle in 2 countries + Wikipedia in English174+4%+44%+275%
EuropeGoogle in 8 countries + Wikipedia in French192+8%+170%+40%
Indo-PacificGoogle in 9 countries + Wikipedia in Chinese187−16%+161%+260%
South AsiaGoogle in 1 country147−35%+45%+160%
Latin America and CaribbeanGoogle in 1 country + Wikipedia in Portuguese178−6%+86%+844%

G20 members

PlaceRead fromNow90 days1 year3 yearsThree years
AustraliaGoogle177−45%+148%+585%
BrazilGoogle + Wikipedia in Portuguese178−6%+86%+844%
CanadaGoogle180−11%+70%+303%
FranceGoogle + Wikipedia in French221+9%+271%+65%
GermanyGoogle160+11%+58%+114%
IndiaGoogle147−35%+45%+160%
IndonesiaGoogle130+1%+65%+51%
ItalyGoogle180−15%+116%+335%
JapanGoogle229−52%+1067%+1280%
South KoreaGoogle221−41%+266%+1890%
United KingdomGoogle283+40%+232%+759%
United StatesGoogle + Wikipedia in English170+5%+31%+262%

Relation to each scenario

A trend relates to a scenario when it changes how likely the scenario is, how hard it lands, or is itself sharply changed by it. Each score is the median of three scores given separately by the members of the model panel.

RelationScenarioFamily
5 · Very highAn AI deployment step causes abrupt labour displacement S08Technology and infrastructure
5 · Very highAI-directed research produces a reproducible discovery step S17 ↗Technology and infrastructure
3 · ModerateA global funding seizure reaches sovereign balance sheets S02Economic and trade
2 · LowCritical trade divides into rival blocs S01Economic and trade
2 · LowCheap firm clean power becomes available at scale S15 ↗Energy, climate and resources
1 · Very lowA great-power agreement lowers economic security barriers S13 ↗Geopolitical and security
0 · Not relatedA regional war closes a globally important sea route S03Geopolitical and security
0 · Not relatedHybrid coercion ends in an infrastructure blackout S04Geopolitical and security
0 · Not relatedA disputed transfer of power breaks effective government S05Geopolitical and security
0 · Not relatedTwo breadbasket failures trigger a food availability crisis S06Energy, climate and resources
0 · Not relatedA major disaster disables the national economic core S07Energy, climate and resources
0 · Not relatedA cryptographic breakthrough invalidates digital trust S09Technology and infrastructure
0 · Not relatedA novel respiratory pathogen exceeds health surge capacity S10Health
0 · Not relatedA creditor agreement releases fiscal capacity S11 ↗Economic and trade
0 · Not relatedA cross-regional market access compact redirects investment S12 ↗Economic and trade
0 · Not relatedA verified Middle East settlement restores access S14 ↗Geopolitical and security
0 · Not relatedA validated farming package raises water-efficient output S16 ↗Energy, climate and resources
0 · Not relatedA public service platform reaches inclusive operation S18 ↗Technology and infrastructure
0 · Not relatedAffordable preventive treatments reduce chronic illness S19 ↗Health
0 · Not relatedA live outbreak proves rapid distributed pandemic defence S20 ↗Health

Similarity = 0.3 × shared tags (Jaccard) + 0.3 × likeness of scenario profiles (cosine) + 0.3 × likeness of names and descriptions (TF-IDF cosine) + 0.1 if in the same capability domain, cut into seven levels at 0.12, 0.22, 0.33, 0.45, 0.58, 0.72. Shown at Moderate and above.

SimilarityTrendThemeRank
4 · HighFrontier model concentrationAI, compute & quantum168
3 · ModerateSlow growth & fiscal spaceMoney & debt22
3 · ModerateTax base erosion & coordinationMoney & debt41
3 · ModerateAI & knowledge-work automationPeople, health & work53
3 · ModerateAutomated AI researchAI, compute & quantum83
3 · ModerateBusiness dynamism & start-up formationPeople, health & work85
3 · ModerateGeneral-purpose AI capabilityAI, compute & quantum95
3 · ModerateAI chips & accelerator supplyAI, compute & quantum111
3 · ModerateCompute scaling & AI infrastructureAI, compute & quantum133
3 · ModerateOpen-weight AI diffusionAI, compute & quantum149
3 · ModerateHousehold debt & housing affordabilityMoney & debt156
3 · ModerateAI inference efficiencyAI, compute & quantum170