THE SOVEREIGN LEDGER™ #162 — THE PHYSICAL AI INFRASTRUCTURE LAYER™: Energy + Compute + Land: What Owners Must Control When Intelligence Becomes Physical
#161 established how ownership moves. #162 goes underneath it. Energy, compute and land — the physical prerequisites of machine intelligence, the civic megawatt, and the nine economic rights hiding inside 200 acres. A queue position is not a campus. The GPU is still a tenant.