Copyright and Disclaimer

Intelligence in Deflation: A Value Map of the AI Industry
Where value is created, and where it migrates

Author: Blue Lotus

No part of this book may be reproduced, distributed, adapted, or used commercially in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission from the author. Short quotations for personal study, criticism, or review should cite the source.

Disclaimer

This book is an industry analysis and argument. It is for informational and educational purposes only. It is not investment, financial, legal, tax, or business advice, and it is not an offer, solicitation, or recommendation to buy or sell any security, asset, or strategy.

Companies and products mentioned in this book appear as analytical examples. Their inclusion does not imply that the author holds, recommends, or rejects any security position related to them. The author may or may not hold positions in assets discussed.

Data in this book comes from public sources and third-party estimates available at the time of writing. The AI industry changes quickly; many figures are reported or estimated and may become obsolete soon after publication. The author has made reasonable efforts to verify the material but makes no warranty, express or implied, as to accuracy, completeness, or timeliness.

The central claims of this book are framed as falsifiable bets. The book explicitly states the conditions under which those claims should be rejected. Any investment or entrepreneurial decision made on the basis of this book is the reader’s responsibility.

Complete English edition, 2026. Data cutoffs and source quality are noted throughout the chapters and source notes.

Source Qualifier Convention

The English edition uses source qualifiers deliberately:

officially announced means the company, regulator, or institution publicly disclosed the fact.
reported means media or third-party reporting, not yet confirmed in primary filings.
estimated means analyst, research, or model-based estimates rather than company disclosure.
public guidance / filings means company reports, investor materials, or regulatory filings.

Where exact numbers are not essential to the argument, the prose preserves the original manuscript’s order-of-magnitude logic rather than pretending to greater precision.