AI data centers

“And there was an article that I did this week about how in China something like 80% of the build out of their data centers for AI is, is currently unused.”

“No one is trying to make with these, you know, with these ten billion dollar data centers, they're not trying to make chat models, right? They're not trying to make models that people chat with, just to be clear, right? They're trying to solve things like soft…”

“If you are, for example, building one large data center that only does training and it's not connected to a wide area network around the world, that's close to the users, it's hard to use that same infrastructure For inferencing because you can't go faster tha…”

“If we are here two years from now and there's hundreds of billions of dollars of debt, And the demand for AI stabilizes, or we built enough data centers to support the demand we have at that point in time, and the price for leasing pieces of AI for renting acc…”

“And right now I don't think that power itself, meaning grid connections and the generation capacity is the limiting factor. Right now it's the construction and trades. So it's human labor and supply chain that are the limiting factor is that you went from a ma…”

“If you just look at today, you have this very aggressive ramp of growth of AI, and you don't have the same ramp on energy. You know, there's a gap between the available energy and AI. So I think energy is going to be a scarce resource also to operate an infere…”

“So I'm a big advocate that we'll never be able to power this without a small modular nuclear or other kind of a decentralized and power generation.”

“Recent Gallup poll said seven out of 10 Americans don't want them.”

“But on on projects that are actually getting built, I do think, you know, 50% not really getting done on time is is, you know, what I would expect.”

“I think that the cooler chips are going to prevail.”

“And these tokens are among the most rapidly depreciating assets we've ever seen in a modern economy, that they've continually been falling 70 to 80% year over year on a constant performance basis for at least the last four years.”