In August, Singapore found itself at the center of a global transformation, its factories and export terminals channeling the world's hunger for artificial intelligence infrastructure into record-breaking shipment figures. Personal computers destined for data centers leapt 238 percent year-over-year, disk drives 214 percent, and electronics overall 132 percent — numbers that speak less to a single nation's fortune than to the civilizational scale of the AI build-out now underway. What is notable, and perhaps rare in economic history, is that this surge arrives without the fever of inflation, l