EJ Caital's Eric Jackson, CEO, has stated that the current market sentiment that artificial intelligence (AI) is "unwinding" is incorrect, stating that capital is instead flowing deeper into a complex energy and capital cycle. This shift from "who has AI" to "who survives the structure" indicates a shift from software questioning to a focus on physical infrastructure and debt-backed expansion. Jackson argues that the volatility of AI is not a sign of a bubble bursting but a filter for quality.