Opinion byWayne GentleNZ Herald·19 Sep, 2026 03:00 AM7 mins to readWayne Gentle is chief investment officer at Milford Asset ManagementThe AI investment boom is increasingly visible in physical infrastructure, with hyperscale data centres requiring enormous commitments of capital, computing capacity and energy. Photo / Getty ImagesRarely has so much capital backed a single idea with so much confidence in its transformative potential. Artificial intelligence is being heralded as a world-changing force that will reshape much of daily life, including how we work and how economic value flows. The scale of investment already appears to assume
AI may change the world but it hasn’t changed the rules of investing – Wayne Gentle
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