Alex Wissner-Gross

And the question is, how do you invest in a world where the cost of all of the fundamentals, energy, compute, labor, are all trending toward zero?

And these are some of our investments.

The answer is you build for a post-scarce world and you try to engineer that world.

So subset of the thesis is enabling that post-scarce future by, say, making it easier to hedge and to trade compute itself.

Another subset of the thesis is focused on, well, what new abundances can we unlock with post-scarcity to physical superintelligence, PSI?

We're going to solve all of physics, which is

going to, I would argue, unlock an entire next wave.

If we solve all of physics with AI, that's going to unleash the next transistor, laser, and nuclear energy, and so on.

But this is all oriented towards AGI is here, and how do you invest in a trans and post-singular world?

It's so exciting.

So the TeraFab, the TeraFab leading to the PetaFab.

So in his announcement, so this is

One can read the tea leaves and suggest that given that Elon's TerraFab announcement lies at the intersection of the newly merged SpaceX XAI on the one hand and Tesla on the other, that this is sort of the convergence at the end of the Elonverse.

It's so exciting.

The most exciting part of the announcement, I think, wasn't the announcement of the TerraFab, which he announced is going to be approximately 20% for edge inference for land-based applications like Optimus robots and driverless cars, and 80% for orbital data centers, the Dyson Swarm.

What's more interesting, buried in that announcement of the TeraFab in Texas, still hasn't chosen a location, is my understanding, that there is a plan to scale up production to a petafab.

So 1,000x increase in production using lunar facilities, which, of course, still need to be built.

If you actually do the arithmetic on a petafab, a thousand X scale up of the terafab, which is already competing with TSMC and other existing incumbent supply chain offerors for semiconductor fabs, if you scale that up to a petafab,

At some point, we're talking a material fraction of the moon's volume that would be consumed in principle producing semiconductor, producing basically memory chips and compute chips to supply orbital data centers.

And that's where this is all going.