Part 11/13:
The cycle Ives describes involves rapid capital deployment, followed by increased M&A activity. Companies with cash are likely to acquire worried competitors or innovative startups, while debt offerings facilitate massive expansion. This fluidity further stimulates innovation and market consolidation, reinforcing the super cycle.
Most notably, Ives sees AI becoming increasingly mainstream in 2026, with autonomous vehicles and robotics reaching critical milestones. The second phase will involve enterprise applications, eventually culminating in widespread consumer adoption—changing how people live, work, and interact daily.