AI Price Collapse, Data Center Boom, Japan 1989 Warning, & Why Corporate RFPs Are Broken

"The US is dangerously close to the brink of being Japan 1989."That is not a hot take from a doom account. That is Patric on this week's Bricks, Bucks & Bytes, laying out why asset overvaluation in private markets and infrastructure has him worried about stagflation.On this episode:✅ Why data center contractors are sitting on 11.4 months of backlog while everyone else has 7.5✅ The AI productivity story corporate America still cannot prove with real numbers✅ Why the construction RFP process is fundamentally broken, and who is actually responsible for it✅ What Meta's new partnership with North America's Building Trades Unions means for the data center buildoutDustin DeVan put it plainly: "You can't now build a project that much cheaper."Where do you land? Are we in a two speed economy that eventually corrects, or is this just what infrastructure spending looks like now? Tell us why we're wrong.#bricksandbytes #bricksbytes #bricksbucksandbytes #aec #construction #constructiontech #ai #vcOur Sponsors:BreadCrumb- 50,000+ projects globally. All running safer, faster, with Breadcrumb. - breadcrumb.coAphex is the multiplayer planning platform where construction teams plan together, stay aligned, and deliver projects faster – check out aphex.coArchdesk - “The #1 Construction Management Software for Growing Companies - Manage your projects from Tender to Handover” check archdesk.comChapters00:00 Intro01:08 Welcome Back and Personal Updates03:43 Exploring Proto Town and Bedrock Robotics06:41 Travel Frustrations and Unexpected Adventures09:30 The Concept of Proto Town in Europe12:12 AI Price Collapse and Economic Implications14:58 Data Center Boom and Its Effects17:31 Market Dislocations and Construction Industry Insights19:51 Interest Rates and Economic Perspectives22:50 Potential Risks and Future Predictions25:39 Final Thoughts on Economic Trends30:38 Understanding Time vs. Cost Savings32:07 The Role of Technology in Construction33:36 Owners and Technology Awareness34:41 The Importance of Pricing Optionality36:14 The Shift in AI Pricing and Accessibility38:42 Navigating AI Models and Corporate Needs43:50 Leadership and Product Understanding45:54 Governance and AI Deployment Challenges53:34 Rethinking RFP Processes for Better Outcomes56:25 Meta's Role in Construction Training Initiatives