There is a lot of buzz in AI circles in recent weeks about certain labs achieving Recursive Self-Improvement (RSI) and with the usual claims of AGI. Beyond The Hype does not believe that what we are seeing now, at least publicly, is RSI. However, there are signs that we are on the path to RSI and it is already starting to accelerate the AI infrastructure opportunity. This article lays the foundation for future articles about the technology and its evolving implications.