No longer does global power rest only on alliances, military might, currency dynamics, and effective control of multilateral institutions. The new geopolitical contest is between competing infrastructure blocs: packages of finance, contractors, standards, and data systems that create long-term dependencies.
PARIS—For most of the postwar era, global power was defined by alliances, aircraft carriers, and reserve currencies. But we are now entering an era defined by critical infrastructure and those who finance, build, and operate it. Ports, power grids, rail corridors, data centers, and critical-mineral supply chains are no longer just “projects.” They are the operating system of sovereignty. Infrastructure—networks that move energy, goods, and data—is the industry of industries. Whoever shapes it through contracts, standards, currency denomination, and long-term maintenance (much of which is increasingly guided by data and AI-driven systems) will achieve enduring global influence.
PARIS—For most of the postwar era, global power was defined by alliances, aircraft carriers, and reserve currencies. But we are now entering an era defined by critical infrastructure and those who finance, build, and operate it. Ports, power grids, rail corridors, data centers, and critical-mineral supply chains are no longer just “projects.” They are the operating system of sovereignty. Infrastructure—networks that move energy, goods, and data—is the industry of industries. Whoever shapes it through contracts, standards, currency denomination, and long-term maintenance (much of which is increasingly guided by data and AI-driven systems) will achieve enduring global influence.