This lecture examines AI infrastructure through exocapitalism, a framework for understanding how capital can move independently of physical constraints like energy, labor, and raw materials. We’ll explore the strange economics of the AI boom (trillion-dollar announcements, debts backed by computer chips, and endless layers of intermediary management services) to argue that the “datacenter” now exists primarily as a financial object: a bundle of contracts, debts, and speculative claims. We conclude by identifying the race that will define 2026: between the financialization of massively-centralized infrastructure and the death of software as we currently know it.
Marek Poliks and Roberto Alonso Trillo’s Exocapitalism: Economics with Absolutely No Limits (2025, Becoming Press) has been lauded as among both the most controversial and the most accurate assessments of this economic moment — from “unbelievably inspiring” (Hito Steyerl) to “the Das Kapital of the 21st Century” (New Models) to “an info-hazard” (Metalabel) by “Hegel’s grandchildren” (Nick Land, derogatory). Marek and Roberto won Google’s 2024 Art and Machine Intelligence Award for their work in AI interface design.
This event is part of ACT’s Spring 2026 Lecture Series. It is free and open to the public, though registration is required. Register here.
Special thanks to ACT Graduate Student Hugh Scott-Douglas (SMACT ’27) for spearheading this event.
