The CapEx Trap: Why AI Breaks the Old Rules of SaaS Finance (Part 1)

Over the past year, I’ve noticed something odd: most AI discussions barely mention depreciation or CapEx planning, even though AI has sparked the biggest capital spending cycle in recent corporate history, with yearly spending expected to top $300 billion. This gap caught my attention because CapEx discipline used to be very important. Early in my career, while working as a management consultant…