The Evolution of Digital Infrastructure

The conversation highlights the significant evolution of digital infrastructure, tracing its roots back to the mid-1990s when the speaker identified the untapped potential of cellular networks. It emphasizes how the shift from older generations of technology (1G to 5G) necessitated a tremendous increase in the number of cell towers, increasing from approximately 8,000 towers in 1994 to an estimated 400,000 towers for 5G. This growth indicates a paradigm shift in both technology and real estate, where locating and operating these infrastructures has become a lucrative business model. The speaker illustrates the ongoing demand for modern telecommunications infrastructure and how it seamlessly intersects with real estate in today's digital economy.